MacGregor selected to supply FPSO offloading systems for CNOOC’s Liuhua 11-1/4-1 redevelopment project

CARGOTEC CORPORATION, TRADE PRESS RELEASE, 15 FEBRUARY 2022 AT 10 AM EET

MacGregor, part of Cargotec, has been selected to supply two FPSO offloading systems for the Liuhua 11-1/4-1 redevelopment project located in the east part of South China Sea. The contract has been awarded following the successful cooperation and delivery of the mooring system and riser pull-in system for CNOOC’s Lingshui 17-2 project.

The order was booked into Cargotec’s 2021 fourth quarter order intake. The offloading systems are planned to be delivered to Offshore Oil Engineering’s construction site located in Qingdao, China in January 2023.

This is China’s first 60,000T cylindrical FPSO, and MacGregor’s offloading systems will play a critical role in ensuring the safe and efficient discharge of oil from the FPSO to a shuttle tanker.

The offloading systems will be customized to store either a 16-inch catenary hose or a 16-inch floating hose that allows the operator flexibility with shuttle tanker selection. The rated oil flow is up to 3600 m3/h for each offloading system. The two sets of offloading systems share a common hydraulic power unit, with this redundant solution providing high-efficiency operation.

“During the past two years we have delivered the 16-point mooring system, the north and south modular riser pull-in system for the CNOOC Lingshui 17-2 project in the western part of South China Sea. Despite unprecedented challenges and difficulties caused by the Covid situation, our teams from China, Singapore and Norway worked together to achieve delivery punctuality and continuous responsive service, which was highly recognised by the CNOOC project team,” says Tor Eide, Vice President, Offshore Energy Solutions, MacGregor.

“Based on the trust gained and many years of excellent cooperation, we are proud to again have the opportunity to support CNOOC's gas field development and make our contribution to the Liuhua 11-1/4-1 project,” adds Eide.

For further information, please contact:

Eirik Landaas-Nilsen, Head of Offshore Solutions Division, MacGregor
Tel. +47 9082 0008, eirik.landaas.nilsen@macgregor.com
Or
Robin Thuillier, Communications Director, MacGregor
Tel. +65 9730 4301, robin.thuillier@macgregor.com

MacGregor is a leader in sustainable maritime cargo and load handling with a strong portfolio of products, services and solutions, all designed to perform with the sea.

Shipbuilders, shipowners and operators are able to optimise the lifetime profitability, safety, reliability and environmental sustainability of their operations by working in close cooperation with MacGregor. www.macgregor.com
MacGregor is part of Cargotec. Cargotec's (Nasdaq Helsinki: CGCBV) sales in 2021 totalled approximately EUR 3.3 billion and it employs around 11,000 people worldwide. www.cargotec.com