Shipboard liquefied natural gas baseload production plants for use with offshore deposits which would otherwise be uneconomical will be developed under a joint agreement between Global Marine Development and J. F. Pritchard Co., a subsidiary of International Systems & Controls Corp. The system will utilize Pritchard's PRICO LNG process, which uses five major pieces of equipment in the gas liquefaction cycle and is considered ideal for shipboard installation. Developers foresee use of a floating production system in areas where hydrocarbon deposits are not large enough to justify the capital investment for a fixed-base or permanent onshore facility. It can also be used in areas where deep marine trenches make it technically unfeasible to construct the underseas gathering lines to link the reservoir with an onshore plant. The joint agreement provides for project management, design, engineering, procurement, financing and production of complete plants with capacity ranges of from 50 to 500 million scfd of LNG product per day. No further information in article.

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    Marine Technology Society

    5565 Sterrett Place, Suite 108
    Columbia, MD  United States  21044
  • Publication Date: 1974-8

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  • Accession Number: 00057754
  • Record Type: Publication
  • Source Agency: Marine Technology Society
  • Files: TRIS
  • Created Date: Oct 22 1974 12:00AM