This is the smaller of two kinds of floating liquefied natural gas facility that Saipem has been working on, according to Paris-based gas business development manager Nicolas Jestin.
"We have selected all the key technical options to be incorporated and are ready to enter into a normal project development phase. It is a mature, cost-effective solution."
The company also continues to work on more complex large-scale floaters, with capacities above 2.5
