POSH Terasea will tow Shell’s Prelude floating liquefied natural gas (FLNG) vessel from the Samsung Shipyard in Geoje, South Korea, to the Browse LNG basin.
After completing the 5,555 kilometre journey, POSH Terasea will help to position the FLNG at the site before it begins production.
Four large anchor handling and towage vessels, the Terasea Osprey, Terasea Falcon, Terasea Hawk, Terasea Eagle; and one 16,000 brake horsepower anchor handling tug supply vessel, the POSH Champion will be deployed to complete the task.
POSH Terasea president and director Eric Ng said the company was excited to be entrusted with the responsibility of working on such a major project.
“Towing and positioning a floating facilities that is about four times the size of a football field from Korea to a gas field in Australia will be a massive and complex undertaking,” he said.
The Prelude FLNG facility is 488 metres long and 74 metres wide, with a fully loaded displacement capacity of about 600,000 tonnes.
POSH Terasea is a joint venture between PACC Offshore Services Holdings (POSH) and Terasea, which itself is a joint venture between Seabridge Marine Services and Ezion Holdings.
POSH chief executive Gerald Seow said the contract win was testament to POSH Terasea’s strong track record in the towage industry.
“This also underscores POSH’s differentiated business strategy to diversify across the offshore services sector, especially in areas with strong prospects like deepwater transport and installation,” he said.