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Dreifa Energy signs agreement with Wärtsilä

We are pleased to inform that Dreifa Energy Limited has entered into an agreement with Wärtsilä Oil and Gas Systems AS (“Wärtsilä”) to secure delivery of the regasification module for the first Dreifa floating regasification unit (“FRU”).

Entering into the agreement is a significant step forward for Dreifa Energy in confirming a key part of the overall capital expenditure for the Dreifa FRU. Moreover, the recent Approval in Principle granted by DNV GL and the agreement with Wärtsilä enable Dreifa Energy to execute on a fast track project schedule by securing the long lead items for the first Dreifa FRU conversion project.

Source: Dreifa Energy Limited

About Wärtsilä

Wärtsilä is a global leader in advanced technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers.

In 2016, Wärtsilä's net sales totalled EUR 4.8 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 70 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.

Wärtsilä has vast experience and in-house expertise of the entire LNG gas value chain with long and successful track records in floating regasification and reliquefaction.

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