The project will address challenges associated with storing and managing cryogenic LNG safely by combining DSME’s experience developing and applying LNG technology to floating structures with ABS’ technical standards and experience working on a number of gas-fueled, LNG and regasification unit projects.
“We are targeting the Gulf of Mexico as a key market for an LNG fueled drillship where, given the abundance of affordable shale gas resources in the US, LNG as a marine fuel makes good economic sense,” said Dr Hoseong Lee, ABS vice president, global Korea business development and ABS Korea Energy Technology Center in Busan.
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