Samsung Heavy Industries unveils Canada-tailored FLNG solution

With global demand for cleaner energy on the rise, South Korea’s Samsung Heavy Industries (SHI) is embedding itself into Canada’s energy ecosystem by showcasing a streamlined, standardized floating liquefied natural gas (FLNG) design, aiming to trim development timelines, slash project costs, and forge local partnerships across British Columbia to create new business opportunities.

Samsung Heavy Industries has presented a standardized FLNG platform optimized for Canada’s natural gas market, providing a tailored solution for future LNG development. The company hosted the Canada FLNG Technical Forum in Vancouver on October 23, in cooperation with Korea Trade-Investment Promotion Agency (KOTRA) Vancouver, bringing together approximately 100 representatives from local resource developers, First Nations communities, government and financial institutions to discuss cooperation in the LNG segment.

Wang-Keun Lee, Executive Vice President and Head of SHI’s Shipbuilding & Offshore Business Division, commented: “FLNG is a competitive solution that can connect Canada’s abundant natural gas resources with global markets. With our proven technology and tailored solutions, we aim to become a key partner supporting the growth of Canada’s LNG industry.”

SHI, which emphasizes that Canada has abundant natural gas resources and favorable access to Asian markets, used the forum to highlight its standardized FLNG platform optimized for the country’s natural gas development and export environment.

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