Wison, Shanghai Electric Team Up on Floating LNG Power Barge

Wison Offshore & Marine and Shanghai Electric Power Generation Group are looking to join efforts in medium to large-scale floating LNG power generation barge, with regards to its product development, global marketing and technical services.

The parties signed a Memorandum of Understanding (MOU) on strategic cooperation which aims to promote the commercialization of this new electrification solution while opening up a series of further cooperation in the power sector.

Based on the floating LNG storage regasification and power generation (FSRP) solution developed by Wison earlier on, both parties will join forces to build up capabilities throughout FSRP project life cycle from product development, marketing, project financing, facility construction, to operation and maintenance, with a view to accelerate commercialization of this solution in global market.

The parties will focus on developing medium large-scale FSRP, and study the application of Shanghai Electric’s gas turbine technology and integrated generation set solution to the FSRPs, such that the product’s economy and reliability can be further enhanced.

“It’s no doubt the complimentary strengths and resources of the two companies can facilitate our path forward in commercializing floating LNG power, which in turn will solidify a leading position in this emerging market,” CUI Ying, CEO of Wison Offshore & Marine, said.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Oct 2018 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

5th Mozambique Gas Summit & Exhibition

CWC Group in partnership with ENH and with the support and participation from MIREME and INP…

read more >

Europort 2018

From 15-17 May 2018, the 12th edition of Europort Romania willl take place in the IDU Hall in Constanta…

read more >

Offshore Energy Exhibition & Conference (OEEC)

It is unique in bringing together the oil and gas, offshore wind and marine energy industry…

read more >

Seatrade Maritime Middle East

The three days will include a thought-provoking, educational conference programme…

read more >