Wison Floating Gas to Methanol Plant (FGTM) Granted AIP by ABS

Shanghai, China, January 30, 2019

Wison Offshore & Marine (WOM) has received Approval in Principal (AIP) from American Bureau of Shipping (ABS) for its latest Floating Natural Gas to Methanol (FGTM) facility.

This facility is one of the innovative solutions that Wison has developed for the offshore gas production industry. The fully integrated Gas-to-Methanol system is more cost-effective for “stranded” natural gas production and can eliminate heavy upfront capital expenditure during offshore LNG production for our customers.

With the topside design being done by Wison Engineering (WEL), the Floating Methanol facility features a combination of both WOM and WEL technical experience.  The FGTM facility can be deployed to nearshore/offshore gas fields, with an annual capacity of 1.8 million tons of methanol and offers a storage capacity of up to 200,000 m³.

The launch of Wison’s FGTM design represents a successful collaboration between Wison and ABS whose professionalism was impressive.  This also highlights the combined efforts of Wison Offshore & Marine and Wison Engineering to not only develop a new solution for the monetization of natural gas resources, but also provide our clients with an integrated engineering service, commented Dr. Weimin Chen,General Manager of Engineering Centre, Wison Offshore & Marine.