Golar Issues Notice to Proceed to CIMC Raffles and Black & Veatch on Golar MK II FLNG Project

The FLNG vessel marks the 3^rd for Golar’s fleet, the first FLNG constructed by CIMC, and the 6^th FLNG project to utilize Black & Veatch’s PRICO® Liquefaction Technology

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Global floating liquefied natural gas (FLNG) infrastructure solutions leader Black & Veatch, working as a sub-contractor to CIMC Raffles, has received full notice to proceed on the Golar MK II FLNG project.

Under the agreement with CIMC, Black & Veatch will provide its licensed PRICO® technology, perform detailed engineering design, specify and procure topside equipment, and provide commissioning support for the FLNG topsides and liquefaction process. The project is similar to Black & Veatch’s role in the construction of Golar’s other FLNG vessels, the Hilli and Gimi. The topside modules will be constructed and installed by CIMC Raffles, based in the Shandong Province of China, onto the converted LNG carrier.

“The signing of this new project further solidifies CIMC’s leadership position in offshore projects,” said Wang Jianzhong, CEO and president of CIMC Raffles. “It demonstrates CIMC’s ability to handle large, complex projects that meet the highest industry standards. CIMC will continue to focus on the independent development and manufacturing of high-end offshore equipment, committed to providing high-quality, innovative solutions for the global energy market.”

“This is another significant energy infrastructure project for Black & Veatch and we’re pleased to be working with CIMC and Golar on the MK II, following our support for Golar’s two previous floating LNG vessels,” said Black & Veatch’s Fuels & Natural Resources sector President Laszlo von Lazar. “The MK II will enable additional, flexible sources of affordable LNG to be processed to support the global need for energy security and resiliency.”

The MK II FLNG vessel will have a production capacity of about 3.5 million tons per annum (MTPA) and is expected to be delivered in the fourth quarter of 2027.

Contact Black & Veatch for more information.

Editor’s Notes:

• PRICO® liquefaction technology enables optimal modularization for onshore, offshore, and nearshore applications due to scalability, minimal equipment requirements, and compact process footprint.
• To learn more about Black & Veatch’s PRICO liquefaction technology, click here.

About Black & Veatch

Black & Veatch is a 100-percent employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people around the world by addressing the resilience and reliability of our most important infrastructure assets. Follow us on www.bv.com and on LinkedIn, Facebook, X (Twitter), and Instagram.

About Golar

Golar LNG is a NASDAQ listed maritime LNG infrastructure company. Through its 75-year history, the Company has pioneered maritime LNG infrastructure including the world's first Floating LNG liquefaction terminal (FLNG) and Floating Storage and Regasification Unit (FSRU) projects based on the conversion of existing LNG carriers. Today Golar is a focused FLNG company, and the only proven provider of FLNG as a service. Golar owns the world’s largest fleet of FLNG units by annual liquefaction capacity, with a market leading operational track record.

About CIMC Raffles

Yantai CIMC Raffles Offshore Limited, formerly known as Yantai Shipyard, is a subsidiary company of CIMC Group. Currently, CIMC Raffles has five Offshore and Marine Engineering centers located in Yantai, Shenzhen, Shanghai, Norway, and Sweden, and three construction bases located in Yantai, Haiyang, and Longkou. The main business of CIMC Raffles includes the design, construction, repair & conversion, and leasing of drilling rigs, production units, offshore supply vessels, ocean farming facilities, offshore wind vessels, etc., aiming to provide a turn-key solution to clients. CIMC Raffles is always dedicated to providing innovative equipment and solutions to the sustainable development of offshore and marine resources through technology innovation and lean management.