Daewoo Shipbuilding & Marine Engineering Company Limited (DSME) is one of the leading shipbuilders on the globe with a specialty in LNG carriers. DSME successfully built and delivered the world’s first LNG-RV (Regasification Vessel), their next-generation LNGC in the range of 210,000 m3 was selected as the world standard for its class. DSME has constructed nine (9) of the eleven (11) floating LNG regasification vessels now in service – testament to its incomparable strength in technology and production.
As a contractor, DSME provides major energy companies and the LNG industry with offshore platforms, drilling rigs and floating production units. It was in this capacity, where Ms. Kathleen Eisbrenner (then President of Excelerate Energy) worked with DSME to build the world’s first LNG vessels capable of delivering regasified LNG to hungry world markets. The downstream LNG initiatives were met with significant industry acceptance and support. NextDecade International, where Ms. Eisbrenner is Founder & CEO, has partnered with DSME to leverage their previous success. NextDecade International is a specially selected team of LNG experts engaged to execute technical, commercial, and financial development efforts.
The third key piece to Pangea LNG B.V. is D&H Solutions AS, the a joint venture of DSME and Hemla, created to exploit stranded gas using floating liquefaction technology. D&H Solutions benefits from Hemla’s access to the strong deal flow of oil and gas asset opportunities, both with proven reserves and prolific exploration blocks.
Pangea LNG B.V. is the team that generated the innovations that are at the foundation of the floating LNG sector.