FLNG hull design receives ABS AIP

Hyundai Heavy Industries (HHI) collaborated with ABS to develop a technically feasible and class compliant FLNG hull design, while maintaining high safety standard, in order to obtain Approval in Principle (AIP).

“ABS has a strong history of collaborating with the offshore industry to evaluate novel designs that enable industry efficiency,” said ABS executive vice president – global offshore, Ken Richardson. “Our work with HHI is another example of ABS’s technical leadership promoting safety in innovative concepts.”

Minimal risk

The AIP provides recognition of the design’s compliance with Class and Regulatory requirements and its minimal risk to project schedules and safe operations.

The design also has financial benefits, as Jae-Eul Kim, HHI senior vice president – shipbuilding division, explained: “The Newbuilding Conversion FLNG hull design can be constructed for about half the cost as compared to a standard FLNG hull.

“In the current difficult energy market, Ready-to-Convert FLNG hull with ABS AIP gives the FLNG market an efficient approach, with competitive price and schedule, helping investors take financial investment decisions.”

HHI is also developing a newbuild conversion FPSO hull design concept which follows the same process.