Samsung Heavy Industries Finalizes Major FLNG Contract in Africa

By SHIN JIA Posted : June 8, 2026, 17:09 Updated : June 8, 2026, 17:09
Samsung Heavy Industries' largest FLNG facility [Photo=Samsung Heavy Industries]
Samsung Heavy Industries announced on June 8 that it has finalized a contract worth 3.6536 trillion won for a large floating liquefied natural gas (FLNG) production facility with a shipowner in Africa.

The finalized FLNG contract follows preliminary work agreements and ongoing processes. Currently, the upper module work is underway, and the facility is expected to be delivered in 2028 after module installation and commissioning.

The FLNG, which will be installed offshore, is emerging as an alternative to onshore LNG plants amid unstable energy supply chains. Notably, this FLNG incorporates the 'Lesson Learned System' based on the successful experiences of previous FLNG projects.

A Samsung Heavy Industries representative stated, "We have analyzed accumulated data to incorporate feedback, optimize design and processes, and implement an evolved standard FLNG." They added, "Samsung Heavy Industries will leverage its FLNG standardization experience as a strategic asset to maintain its competitive edge in the FLNG sector."

Additionally, Samsung Heavy Industries announced earlier that it has secured a contract for an LNG carrier worth 385.5 billion won from a shipowner in Oceania, actively pursuing expansion in its order book.



* This article has been translated by AI.

Copyright ⓒ Aju Press All rights reserved.