The company Seatrium has confirmed the award of a new contract from Karpowership to carry out the conversion of a Floating Storage and Regasification Unit (FSRU). This agreement represents the eighth collaboration of this kind between the two corporations. The trust placed in the Singapore technical team makes this project a key pillar of the global expansion strategy for floating power plants.
Technical specifications of the FSRU conversion
The vessel selected for this work is the LNGT Karadeniz, which will undergo a comprehensive refurbishment process to increase its operating capacity. Likewise, the engineering work includes the installation of state-of-the-art regasification modules and specialized mooring systems.
Shipyard work is also expected to formally begin during the third quarter of 2026. The main goal of this project is to equip the unit with a regasification capacity of 600 million standard cubic feet per day. The scope of work also includes integrating automated control systems and upgrading auxiliary services to ensure a steady and safe power supply.
Seatrium’s track record in the offshore sector is strong, with more than twenty successful deliveries of floating gas terminals. Alvin Gan, head of the company’s repairs division, has stated that this award strengthens the group’s leadership position, having managed the vast majority of these conversions worldwide.
Today’s market demands solutions that enable an orderly energy transition, and the use of liquefied natural gas is positioned as the ideal bridge. For its part, Karpowership’s management highlights that its partner’s engineering expertise is invaluable to its mission of supplying power in regions with critical supply needs.
This new unit will be the first high-capacity FSRU within the Karpowership fleet, marking a step change in the scale of its international operations. The integration of advanced fuel offloading and power distribution systems ensures the asset is highly efficient across different geographic environments.
Source and photo: Seatrium