SINGAPORE (July 2): Keppel Offshore & Marine's subsidiary, Keppel Shipyard will soon deliver the world’s first converted Floating Liquefaction Vessel (FLNGV) which has been named Hilli Episeyo at a ceremony today.

Hilli Episeyo is owned by Golar Hilli Corporation, a subsidiary of Golar LNG. Upon its completion, the vessel will be put in operation offshore Kribi, Cameroon for Société Nationale des Hydrocarbures and Perenco Cameroon SA, and will be the first FLNGV project in Africa.

Chris Ong, CEO of Keppel O&M said, "We are proud to be able to deliver the world's first FLNGV conversion in partnership with Golar LNG within three years and with a commendable safety record... Compared to newbuilds, converted FLNGVs are significantly more cost-effective and faster to market, without compromising safety and processing capabilities."

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