ATP has eyes for semisub

ATP Oil & Gas is gearing up to unveil details of a new FLNG unit that it claims will solve offloading challenges.



The US company has completed conceptual design of a 2 million tonnes per annum semi-submersible floater.



The unit, targeted at the company’s Shimshon project offshore Israel, will have three liquefaction trains but would do without onboard storage.



Instead, the company plans to install dynamic positioning systems on LNG shuttle carriers, at least one of which would be on station at any time.



“To do anything reliably in open water you need to be on DP,” said an ATP source.

Eric Martin in Stamford

 17 October 2011, 15:39 GMT