Black & Veatch’s PRICO© Technology Completes Guaranteed Performance Test Aboard Exmar’s Tango FLNG Vessel

Successful testing of Exmar’s Tango FLNG reconfirms Black &
Veatch’s leading role in providing liquefaction solutions for the
growing FLNG market

OVERLAND PARK, Kan.–(BUSINESS WIRE)–Black & Veatch, a global leader in the design, construction and delivery
of innovative liquefaction solutions for floating applications,
announces that its patented PRICO© technology has successfully completed
its Guaranteed Performance Test aboard Exmar’s Tango FLNG, the
world’s first barge-based floating liquefaction unit.

Under an agreement between oil & gas shipping and infrastructure
provider Exmar and Argentinian energy company YPF, the Tango FLNG
will spend the next 10 years moored in Bahia Blanca, Argentina, as the
first FLNG unit in operation in the Americas. The Tango FLNG will
enable Argentina to join the growing list of LNG exporters around the
world, while allowing the country to monetize and export its massive
reserves of stranded shale gas. The Tango FLNG will produce
approximately 0.5 million tons per annum (MTPA) of LNG.

Exmar, using Black & Veatch’s PRICO© technology, successfully completed
its Guaranteed Performance Test on the 5th of June. This
success reinforces Black & Veatch’s capabilities to meet customer demand
for reliable, cost-effective and quick-delivery alternatives to
traditional onshore facilities. By using a single-mixed refrigerant loop
for natural gas liquefaction, PRICO© provides several key benefits
including scalability, minimal equipment and a compact process footprint.

“Bringing the Tango to full commercial operation builds upon our
legacy of delivering reliable, cost-effective LNG solutions, while
opening up new opportunities to fast-track the monetization of natural
gas,” said Exmar CEO Nicolas Saverys.

The Tango FLNG facility will become the second floating liquified
natural gas unit in commercial operation to feature PRICO© technology.
Earlier this year, Black & Veatch received
full notice to proceed
to design, construct and deliver a third FLNG
unit, underscoring the company’s ability to help meet the world’s demand
for LNG.

“Completing the performance testing aboard the Tango reinforces
Black & Veatch’s position as a leader in providing reliable solutions
for floating liquified natural gas,” said Bob Germinder, Black & Veatch
Senior Vice President and Managing Director of Floating Oil & Gas
Solutions. “This demonstrates our ability to deliver liquefaction for
clients wherever they need it.”

As a leader in liquefaction, Black & Veatch delivers integrated FLNG
Engineering, Procurement, Construction, Installation and Commissioning
(EPCIC) solutions that meet customer demand for continuous and efficient
production.

***

Editor’s Notes:

  • Black & Veatch has supported LNG
    infrastructure
    for more than 50 years, combining technology and
    knowledge on LNG production, storage and regasification with
    innovative solutions for design, procurement, fabrication and
    construction.
  • Last year, Black & Veatch was named EPC
    Contractor of the Year
    at the LNG USA Summit 2018 in Houston. The
    award recognized the company’s advanced capabilities in executing
    complex projects and coincides with increasing investor interest in
    flexible, cost-effective LNG solutions that can more quickly move
    supply to end users.
  • Click
    here
    for a photo of the Tango FLNG unit, which
    measures 144 meters in length, 32 meters in width and has a draught of
    5.4 meters.

About Black & Veatch

Black & Veatch is an employee-owned, global leader in building critical
human infrastructure in Energy, Water, Telecommunications and Government
Services. Since 1915, we have helped our clients improve the lives of
people in over 100 countries through consulting, engineering,
construction, operations and program management. Our revenues in 2018
were US$3.5 billion. Follow us on www.bv.com
and in social media.

About Exmar

Exmar designs, builds, certifies, owns, leases and operates specialized,
floating maritime infrastructure aiming for the highest standards in
performing commercial, technical, quality assurance and administrative
management for the entire maritime energy industry. Exmar has been a
pioneer in introducing innovations along the entire LNG and LPG value
chain for offshore and inshore ship-to-ship transfers, regasification
and floating liquefaction (FLNG) projects around the world. Follow us on www.exmar.be.

Contacts

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