According to a joint statement, the partnership combines Seasystems’ experience in delivering complete mooring and fluid transfer systems to the global energy industry with Stena’s proprietary extended FSU/FSRU mooring (EFM) system and jettyless floating terminal (JFT) technology.
The agreement gives Scana’s Seasystems exclusive rights to market, sell, and deliver Stena’s patented jettyless LNG technologies, while the technologies and related patents remain owned by Stena Bulk.
Stena noted that the jettyless solutions are particularly beneficial in regions with limited or no existing infrastructure.
By requiring only a suitable near-shore or offshore location with sufficient water depth, the technologies are enabling flexible and cost-efficient LNG storage and transfer without the need for traditional jetties or costly fixed infrastructure even in harsh conditions, it said.
The partners said they will support Stena’s existing clients and new LNG projects worldwide.
Last year, Stena Bulk sold its last LNG carrier.
The sale of the 2006-built steam LNG carrier, Stena Blue Sky, followed the sale of two TFDE LNG carriers to Oslo-based BW LNG, a unit of Singapore’s gas shipping giant BW.
Earlier this year, Stena Bulk also teamed up with NNPC Shipping, a unit of state-run Nigerian National Petroleum Corp, and offshore support firm Caverton Marine.
The new tanker operation will serve Nigeria and West Africa’s regional and global crude oil, refined product, and LNG shipping requirements.
