The first China-made FSRU undertaken by Wison Offshore & Marine achieved the keel-laying

Shang Hai, China (21 October 2015) –Wison Offshore & Marine Ltd. (Wison Offshore & Marine) today announced that a ceremony was held to celebrate the keel-laying of the EXMAR FSRU project, a barged-based floating LNG regasification unit, in the dry-dock of Wison Offshore & Marine on October 20 in Nantong, China, marking the first important project milestone achieved by the company. Under the agreement for the regasification unit, Wison Offshore & Marine will provide EXMAR the turnkey engineering, procurement, construction, installation and commissioning (EPCIC) solution for the project. It is the first time for a Chinese company to undertake a FSRU project under an EPCIC contact.

The EXMAR FSRU, a non-propelled barge, will be equipped with two regasification plants of 400MMSCFD and 200MMSCFD regasification capacity respectively. Two SPB Cargo Tanks with each capacity of 13,160 m3 will be installed in the hull for LNG storage and an accommodation block suitable for 28 people will be also installed on the barge.

Mr. An Wenxin, Senior Vice President of Wison Offshore & Marine said, “We highly appreciate the trust and support extended by EXMAR during the project execution. It is with our joint efforts that we can celebrate the keel-laying today, which marks the project execution entering a new stage. We’re confident the project will achieve its final success.”