TORP LNG is headquartered in Houston, Texas. TORP LNG has its origins in Remora Technology, a Hitec Industries company. Hitec Industries is an industrial development and investment company based in Stavanger, Norway. Hitec has in recent years evolved from being a group of oil service technology companies, to having a focus on investing in the energy sector, still specializing in the development and industrialization of oil & gas related technology.
TORP LNG with its affiliates, has been involved in offshore engineering and construction since 1985. The combined experience include the design, construction and delivery of approximately 50 loading systems for crude oil and gas, four offshore gas processing facilities, a complete drilling vessel and several drilling modules.
The experience in offshore loading started in the 1980’s in Marine Consulting Group AS (MCG), a company specializing in loading systems for the harsh environments in the North Sea. Hitec acquired MCG in 1995, and under Hitec’s ownership, the company expanded its business to cover a large variety of designs for offshore loading systems in the international market. The company had subsidiaries in Brazil and Japan, and was the market leader for these types of systems with a market share of 85 % in Brazil.
In 2002, HitecVision sold the company, but kept the HiLoad Technology. Remora Technology AS was incorporated to develop and sell loading systems based on the proprietary HiLoad Technology. The company relocated to Houston to be in close proximity to its clients.
The conceptual work on the HiLoad Technology began in 1999. The initial development of the HiLoad system was funded by ConocoPhillips, who funded the project to achieve a new, efficient method of loading crude oil tankers in deep water fields in the US Gulf of Mexico.
To capitalize on the HiLoad Technology, development work on an LNG version was initiated in 2002. During this work, the HiLoad LNG Regas Technology proved its economic and operational characteristics that make it the preferred solution compared with other LNG regas terminals. Based on the uniqueness of the HiLoad LNG Regas Technology, the management of Remora Technology and Hitec Industries created the LNG related company, TORP LNG (Terminal Offshore Regas Plant).
HiLoad is a proprietary technology with several patents and patents pending. TORP LNG owns the HiLoad LNG rights. The technology was awarded with ASME, IPTIs "Woelfel Best Mechanical Engineering Innovation Award", and is approved in principle by the American Bureau of Shipping, ABS, and Det Norske Veritas, DNV.
TORP will design, permit, construct, install and operate offshore LNG receiving and regasification terminals, like the Bienville Offshore Energy Terminal in the Main Pass area, US Gulf of Mexico. |
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