Daewoo Shipbuilding & Marine Engineering Co. may now seek orders for its upgraded floating liquefied natural gas (LNG) facility after its design won approval from ABS, a US ship quality assurance and risk management company.
According to the company, its 64-meter-wide FLNG facility design, 4 meters wider than the previous one, can annually produce 3.5 million tons and store 209,000 cubic meters of LNG.
The company has been pursuing the project in cooperation with ABS since June 2019.
Daewoo Shipbuilding delivered an FLNG facility in May 2016 for the first time.
The FLNG is an LNG factory that floats in the sea.
It is equipped with all the facilities needed for production, loading, unloading, and storing.


Publishers Seek to Join Lawsuit Against Google Over Alleged AI Copyright Infringement
China Considers New Rules to Limit Purchases of Foreign AI Chips Amid Growing Demand
China Halts Shipments of Nvidia H200 AI Chips, Forcing Suppliers to Pause Production
Microsoft Strikes Landmark Soil Carbon Credit Deal With Indigo Carbon to Boost Carbon-Negative Goal
Boeing Reaches Tentative Labor Deal With SPEEA Workers After Spirit AeroSystems Acquisition
U.S. Moves to Expand Chevron License and Control Venezuelan Oil Sales
Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion
Jamie Dimon Signals Possible Five More Years as JPMorgan CEO Amid Ongoing Succession Speculation
White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability
Micron to Buy Powerchip Fab for $1.8 Billion, Shares Surge Nearly 10%
Rio Tinto and BHP Agree to Explore Major Iron Ore Collaboration in Pilbara
Federal Judge Clears Way for Jury Trial in Elon Musk’s Fraud Lawsuit Against OpenAI and Microsoft
Walmart International CEO Kathryn McLay to Step Down After Two and a Half Years
BYD Shares Rise in Hong Kong on Reports of Battery Supply Talks With Ford
TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings
One Percent Rule Checklist For Safer Forex Trading Risk
Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains 



