Techni ch nip p & Floa lo ating ti ng LNG A Br B r eakt eak t h r o u g h f o r Natu Nat u r al Gas Devel Dev elo o p m ent en t
Webcast, ebcas t, Jul J ul y 5, 201 2011
Table of contents
3
1.
Worldwide Gas and LNG Market
2.
LNG & FLNG Challenges
3.
Technip: A Uniq ue Combination of Expertise and Experience
4.
Floating LNG: Today and Tomorrow
Technip & FLNG
1. Worldwide Gas and LNG Market
4
Technip & FLNG
Strong Increase in Gas Demand World Energy Demand (1980 - 2035)
Source: World Energy Outlook, Special Report “Are we entering a golden age of gas?” © OECD/IEA, 2011
Use of n atural gas cou ld r ise by mo re than 50% by 2035
5
Technip & FLNG
Geographical Mismatch Between Proven Gas Reserves and Demand
31%
20%
18% 26% 6%
3% 4%
39%
15%
11% 8% 3% 5% 3%
4% 4%
% of proven gas reserves by region, including unconventional gas % of global gas consumption by region
Source: Cédigaz, April 2011 6
Technip & FLNG
New LNG Opportunities to Meet Demand Beyond 2015
LNG Global Demand
a p t m
Middle East Basin Supply
Atlantic Basin Supply
Pacific Basin Supply
Source: Wood Mackenzie / Deutsche Bank, January 2010
7
Technip & FLNG
Conventional LNG Supply Chain
8
Upstream
Pipelines
Distribution
Regasification Terminal
Technip & FLNG
Floating LNG
Treatment, Liquefaction & Export
Transportation
FLNG Supply Chain
Upstream, Treatment, Liquefaction & Export
Distribution
9
Technip & FLNG
Regasification Terminal
Transportation
2. LNG & FLNG Challenges
10
Technip & FLNG
From Wells to LNG, a Complex Process Methane rich gas Field Facilities
Sulphur Recovery
Sulphur
LNG Storage Loading
LNG -162°C, 1 bar
20°C, 50 bars
Pipeline Reception
LNG Train
Acid Gas Removal
Dehydration
Fuel gas (8 - 12% of feedstock)
Mercury Removal
NGL Recovery
N2 Rejection
Methane
Liquefaction Refrigeration Loop
Ethane, Propane, Butane, Pentane…
Refrigerant Condensates (C4+)
Fractionation
LPG Condensates
Utility Production for the Plant - Power Plant - Cooling water - Fire Fighting Systems 11
Technip & FLNG
- Nitrogen Generation - Flare - Water Treatment
Onshore to Offshore: Volume Optimization Onshore LNG: Yemen
FLNG
From onshore to offshore plant: a space management challenge to control weight & center of gravity 12
Technip & FLNG
Floating LNG: Marine Environment Challenges Mechanical
Offloading LNG between two vessels on the high seas Importing large quantities of high pressure feed gas on a floating facility Equipment and piping loads generated by motion LNG tank sloshing over 25 years without dry docking
Maintenance
Marine Environment (Salt, humidity…)
Process
13
Gas processing facilities to be adapted to marine environment Compact design (Weight and volume) Designing for motion compared to static onshore plant
Technip & FLNG
“ALLS” Cryogenic export system
Example of Floating LNG Layout
Cryogenic Export System Flare
Liquefaction Power Generation & Utilities Pre-treatment
Storage Insi de the Hull
Connection wit h Turret
Control Room & Livi ng Quarter
Source: 2009 Technip R&D Study
14
Technip & FLNG
3. Technip: A Unique Combination of Expertise and Experience
15
Technip & FLNG
Technip: Leading LNG Contractor for 45 Years CAMEL, Alger ia 1964
EPC Contractor with the deep technical knowhow of a licensor Developed and used our own liquefaction process
Built the first ever LNG plant 45 years ago in Algeria
Introduced many concepts that are widely used Involved in 30% of world LNG production capacity
Yemen LNG, 2010 16
Technip & FLNG
Technip: Offshore Project Achievements
P-56, Brazil, World’s Heaviest Float-over
Perdido, GoM, World’s Deepest Spar Production Facility Akpo, Nigeria, World ‘s Largest FPSO
17
Technip & FLNG
Technip: Extensive Experience in Large FPSO’s FPSO's Install ed or Planned by Year and Size 50,000
FLNG forecast
Built by Technip
45,000
40,000
Ak po N’Kossa
35,000
s n o 30,000 t : t h g i e 25,000 W y r D e 20,000 d i s p o T
Girassol
Dalia
P-58 & P-62 Akpo FPSO, Nigeria, 320 x 60m, Largest ever
15,000
10,000
5,000
0 4 6 9 1
6 6 9 1
8 6 9 1
0 7 9 1
2 7 9 1
4 7 9 1
6 7 9 1
8 7 9 1
0 8 9 1
2 8 9 1
4 8 9 1
6 8 9 1
8 8 9 1
0 9 9 1
2 9 9 1
4 9 9 1
6 9 9 1
Year Installed
18
Technip & FLNG
8 9 9 1
0 0 0 2
2 0 0 2
4 0 0 2
6 0 0 2
8 0 0 2
0 1 0 2
2 1 0 2
4 1 0 2
6 1 0 2
8 1 0 2
0 2 0 2
2 2 0 2
4 2 0 2
Source: Infield February 2008
Technip’s Unique Combination of Expertise
Onshore LNG Plant
Offshore floating facilities
Techni p in Paris
Subsea field development
Floatin g LNG
All the know-how and talents to better manage projects, risks and interfaces 19
Technip & FLNG
Technip Group FLNG Capability
Paris
FLNG Expertise & Support Center Know-how and solid track-record across LNG, Offshore & Subsea
Gulf of Mexico
LNG: Liquefaction and regasification
Offshore: Floating platforms
Subsea: Major center
India
Detailed engineering support
LNG
Offshore: FPSO’s
Brazil
LNG: Developing Offshore: Floating platforms (semi-sub & FPSO)
Asia-Paci fic
Subsea: Major center
20
Technip & FLNG
LNG: Liquefaction Offshore: Floating platform expertise Subsea: Developing
4. Floating LNG: Today and Tomorrow
21
Technip & FLNG
FLNG: New Opportunities for Oil and Gas Producers
Cost optimization in areas with high construction costs
Economics
Deeper and further offshore reserves
Pipeline too complicated or too long
Insufficient reserves for dedicated onshore LNG plant
Monetize associated gas rather than re-injection or flaring
Environment
Potential redeployment
Other
Floating LNG mainly driven by economics
22
Technip & FLNG
Floating LNG Today
Floating LNG moving from concept to reality
Industry experience in large FPSO’s
Open sea transfer of LNG made possible
Processing challenges on moving platforms solved
Industrial momentum with many FLNG projects at FEED stage and Prelude Final Investment Decision
Shell FLNG
Petrobras FLNG
Petronas FLNG
15 year master agreement
LNG capacity: 2.7 mtpa
LNG capacity: 1.0 mtpa
LNG capacity: 3.6 mtpa
Pre-salt basin, Brazil
Offshore Malaysia
FEED delivered 4Q 2010
FEED in progress
Prelude FLNG in Australia in progress 488 x 74 meters 600,000 ton displacement with tanks full
23
Technip & FLNG
Tomorrow: Drivers for FLNG Prospects Arctic Circle
Canada
Nearshore (W. coast) Offshore (E. coast) High cost of onshore construction
Remote Fields
Petronas FLNG, Malaysia
Asia / Pacifique
Africa
Better security offshore Remote fields and deep water
Many small fields Presence of subsea trenches
Petrobras FLNG, Brazil
Brazil
Australia
Pre-Salt Associated Gas Difficult access to land Remote fields and deep water
24
Technip & FLNG
Shell Prelude FLNG, Austr alia
Remote fields Sensitivity to construction on the coastline High cost of onshore construction
Thank you
Technip, the leading player in FLNG
