OVERLAND PARK, Kan.--(BUSINESS WIRE)--Black & Veatch, a global leader in the design, construction and delivery of innovative liquefaction solutions for floating applications, announces that its patented PRICO© technology has successfully completed its Guaranteed Performance Test aboard Exmar’s Tango FLNG, the world’s first barge-based floating liquefaction unit.
Under an agreement between oil & gas shipping and infrastructure provider Exmar and Argentinian energy company YPF, the Tango FLNG will spend the next 10 years moored in Bahia Blanca, Argentina, as the first FLNG unit in operation in the Americas. The Tango FLNG will enable Argentina to join the growing list of LNG exporters around the world, while allowing the country to monetize and export its massive reserves of stranded shale gas. The Tango FLNG will produce approximately 0.5 million tons per annum (MTPA) of LNG.
Exmar, using Black & Veatch’s PRICO© technology, successfully completed its Guaranteed Performance Test on the 5th of June. This success reinforces Black & Veatch’s capabilities to meet customer demand for reliable, cost-effective and quick-delivery alternatives to traditional onshore facilities. By using a single-mixed refrigerant loop for natural gas liquefaction, PRICO© provides several key benefits including scalability, minimal equipment and a compact process footprint.
“Bringing the Tango to full commercial operation builds upon our legacy of delivering reliable, cost-effective LNG solutions, while opening up new opportunities to fast-track the monetization of natural gas,” said Exmar CEO Nicolas Saverys.
The Tango FLNG facility will become the second floating liquified natural gas unit in commercial operation to feature PRICO© technology. Earlier this year, Black & Veatch received full notice to proceed to design, construct and deliver a third FLNG unit, underscoring the company’s ability to help meet the world’s demand for LNG.
“Completing the performance testing aboard the Tango reinforces Black & Veatch’s position as a leader in providing reliable solutions for floating liquified natural gas,” said Bob Germinder, Black & Veatch Senior Vice President and Managing Director of Floating Oil & Gas Solutions. “This demonstrates our ability to deliver liquefaction for clients wherever they need it.”
As a leader in liquefaction, Black & Veatch delivers integrated FLNG Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) solutions that meet customer demand for continuous and efficient production.
- Black & Veatch has supported LNG infrastructure for more than 50 years, combining technology and knowledge on LNG production, storage and regasification with innovative solutions for design, procurement, fabrication and construction.
- Last year, Black & Veatch was named EPC Contractor of the Year at the LNG USA Summit 2018 in Houston. The award recognized the company’s advanced capabilities in executing complex projects and coincides with increasing investor interest in flexible, cost-effective LNG solutions that can more quickly move supply to end users.
- Click here for a photo of the Tango FLNG unit, which measures 144 meters in length, 32 meters in width and has a draught of 5.4 meters.
About Black & Veatch
Black & Veatch is an employee-owned, global leader in building critical human infrastructure in Energy, Water, Telecommunications and Government Services. Since 1915, we have helped our clients improve the lives of people in over 100 countries through consulting, engineering, construction, operations and program management. Our revenues in 2018 were US$3.5 billion. Follow us on www.bv.com and in social media.
Exmar designs, builds, certifies, owns, leases and operates specialized, floating maritime infrastructure aiming for the highest standards in performing commercial, technical, quality assurance and administrative management for the entire maritime energy industry. Exmar has been a pioneer in introducing innovations along the entire LNG and LPG value chain for offshore and inshore ship-to-ship transfers, regasification and floating liquefaction (FLNG) projects around the world. Follow us on www.exmar.be.