South Korea’s Samsung Heavy Industries (SHI) recently celebrated a significant milestone with the launch of a floating liquefied natural gas (FLNG) unit, the Megúgu. This project is set to operate within the traditional territory of the Haisla Nation on Canada’s scenic West Coast.
Held at the renowned Geoje shipyard, this launching ceremony marks a pivotal moment for the $4-billion Cedar LNG project. This floating unit is bound for deployment off the coast of Kitimat, British Columbia, representing a significant step in Canada’s energy landscape. Samsung Heavy Industries is tasked with not only the hull construction but also topside module fabrication and installation, along with LNG cargo tank scope to ensure the facility is operational by mid-2028.
Measuring in at an impressive 2.5 times the size of a soccer field and weighing around 50,000 tons, the Cedar FLNG will be a state-of-the-art facility designed for liquefying, storing, and offloading natural gas sourced from nearby land. What sets this project apart is its eco-friendly operational model, utilizing clean hydroelectricity from British Columbia’s grid. This innovative approach aims to produce ultra-low-carbon LNG, offering a sustainable alternative to higher-emission energy forms predominant in markets across Asia.
The Cedar LNG project is notable not just for its scale but also for its ownership structure. The project is majority-owned by the Haisla Nation, in partnership with Pembina Pipeline Corporation. By prioritizing renewable electricity, Cedar LNG is poised to become one of the lowest carbon intensity LNG facilities globally, a significant achievement in the push for sustainable energy solutions.
Adding to its innovative approach, Exmar has been entrusted with providing marine and operational expertise for the FLNG Megúgu, cements its position as a landmark project—the world’s first Indigenous majority-owned LNG facility slated for Kitimat. This collaboration marks a progressive moment in the industry, emphasizing the importance of Indigenous engagement in resource development.
Currently, Samsung Heavy Industries is actively shaping the future of offshore energy with the construction of three notable FLNG units: Cedar FLNG for Canada, Petronas’ ZLNG headed to Malaysia, and Eni’s Coral North FLNG. With such an ambitious lineup under construction, Samsung is at the forefront of the FLNG arena.
Lee Dong-hyun, Vice President and Head of the Offshore Business Division at Samsung Heavy Industries, remarked on the achievement, saying, “The successful launch of the Cedar FLNG and the world’s first simultaneous construction of three FLNG units are the result of Samsung Heavy Industries’ smart shipyard innovation.” He emphasized their commitment to advance into an era of mass production in FLNG units through a future-oriented smart shipyard approach.
In addition to this groundbreaking project, Samsung Heavy Industries recently secured another order for a FLNG unit destined for deployment offshore Louisiana, providing further evidence of its growing footprint in the LNG sector.
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