(Source: Lloyd's Register Group Ltd) 5 May, 2016 That needn't be the case. Focusing on the vendor equipment supply chain from the outset, and the choice of codes and standards employed, are critical areas where expenditure can be protected, risks can be reduced and asset life can be enhanced. Get these strategies right and we will see a growing number of mega-projects over the next decade. Supply chains have always been critical to industry's success. Traditional shipbuilding supply chains, for example, have been developed - perfected even - to allow yards to construct ships as effectively as possible. The supply chain remains equally as important for FLNG assets; the issue is that it is not...
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