Crondall Energy is pleased to be acting as technical advisor to Clifford Capital Pte Ltd, as the technical bank, during project financing of Golar LNG’s conversion of the Gimi LNG carrier into FLNG service.
The Gimi LNG Carrier is undergoing conversion at Keppel Shipyard in Singapore and will be Golar LNG’s second FLNG vessel when it enters service in 2022. Golar LNG will lease the Gimi FLNG facility to BP in Mauritania and Senegal, where it will provide liquefaction, storage and offloading of 2.5 MTPA of LNG on the Greater Tortue Ahmeyim field development.
Crondall Energy is a leading provider of technical advisory services to Lenders during financing of floating production and FLNG projects. Founded in 2001, Crondall Energy has advised on a total of 31 financing transactions for FPSOs, FSOs, FLNG, FSRUs and other floating production technologies. The technical advisory team comprised industry experts from Crondall Energy’s UK and Singapore offices.