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Secured a firm order for a fourth FLNG unit (Mark II design) with CIMC Raffles, increasing controlled liquefaction capacity by 41% to over 12 million tonnes.
Performance attribution for the quarter was driven by Hilli's 100% economic uptime over its 8-year Cameroon contract and Gimi overproducing 15% against contractual volumes.
Strategic positioning focuses on being the only 'FLNG as a service' provider, capturing demand for supply diversification following geopolitical disruptions in major export hubs like Qatar.
Management attributes the decision to proceed with a Mark II design to strong charter engagement and superior economics regarding CapEx per tonne and OpEx per MMBtu.
#mark #NVIDIA #tell #cimc
Secured a firm order for a fourth FLNG unit (Mark II design) with CIMC Raffles, increasing controlled liquefaction capacity by 41% to over 12 million tonnes.
Performance attribution for the quarter was driven by Hilli's 100% economic uptime over its 8-year Cameroon contract and Gimi overproducing 15% against contractual volumes.
Strategic positioning focuses on being the only 'FLNG as a service' provider, capturing demand for supply diversification following geopolitical disruptions in major export hubs like Qatar.
Management attributes the decision to proceed with a Mark II design to strong charter engagement and superior economics regarding CapEx per tonne and OpEx per MMBtu.
#mark #NVIDIA #tell #cimc
2 months ago
