Complete Maritime Profile & Reviews of Gimi

On November 19, 2023, Golar's floating liquefied natural gas unit, the Gimi, set sail from Singapore, marking a significant milestone in its journey toward Port Louis. This departure comes after a series of challenges, including force majeure declarations and arbitration disputes that delayed its progress. The Gimi is now on its way to the Greater Tortue Ahmeyim hub, operated by BP in West Africa. Notably, this vessel was involved in a contractual interpretation disagreement between Golar LNG and BP, highlighting the complexities often faced in the maritime and energy sectors.

In a significant move within the maritime industry, Golar LNG has awarded Keppel Shipyard a monumental contract today, valued at around USD $705 million. This contract centers on the transformation of the 125,000 m3 LNG carrier, Golar Gimi, into a state-of-the-art floating liquefaction facility (FLNGV). This announcement follows closely on the heels of a previous engagement, where Golar contracted Keppel for $735 million to convert the Golar Hilli into a similar FLNGV. Keppel Shipyard has indicated that the scope of work for Golar Gimi's conversion will mirror that of the Hilli project. The shipyard is tasked with delivering comprehensive design, detailed engineering, and procurement of marine systems, alongside all necessary conversion-related construction services. Additionally, Black & Veatch will lend its expertise by providing design, procurement, and commissioning support services for the topside operations, incorporating its innovative PRICO technology for liquefaction processes. This partnership underscores Golar LNG’s commitment to enhancing operational efficiencies in the LNG sector.

Keppel Shipyard Ltd, a key player in the maritime industry and a wholly-owned subsidiary of Keppel Offshore & Marine Ltd, is on the cusp of finalizing contracts with Golar Gimi Limited, a company under the umbrella of Golar LNG Limited. The objective is to transform the GIMI, a second Moss LNG carrier, into a Floating Liquefaction Vessel (FLNGV). This exciting venture follows the landmark contract awarded on July 3, 2014, to Keppel Shipyard by Golar Hilli Corporation to execute the world's pioneering conversion of a Moss LNG carrier, the HILLI, into FLNGV. This initial contract notably included options for additional similar conversions, with the upcoming GIMI project marking the activation of the first option. The conversion plan for GIMI is anticipated to closely mirror that of HILLI, ensuring continuity in service quality and project execution. Keppel Shipyard’s extensive responsibility encompasses the design, detailed engineering, procurement of marine systems, and all associated construction services for the conversion. Additionally, they are expected to collaborate with Black & Veatch, who will provide essential design, procurement, and commissioning support services specifically for the topsides and liquefaction processes.