The floating gas sector has reached a pivotal moment. Seventeen FLNGs are now being tracked globally with 52 FSRUs in operation, and a new generation of standardized, rapidly deliverable units are entering the market. Developers and host governments are discovering that monetizing stranded gas reserves no longer requires the multi-decade timelines and prohibitive capital commitments that once defined the sector.
Yet even as project execution improves, supply chain constraints, particularly in power generation and compression equipment, are introducing new scheduling risks that could limit the pace of expansion.
These were among the central themes explored at a recent webinar hosted by Energy Maritime Associates and Riviera Maritime Media, bringing together senior figures from across the floating gas value chain.
The market has shifted dramatically since the first FLNG order in 2011, with floating gas now embraced as a mainstream development model.
Standardization is transforming delivery, cutting schedules and reducing execution risk while enabling faster replication across shipyards.
Supply chain constraints are emerging, particularly for power generation and compression equipment, creating potential bottlenecks for upcoming FLNG projects.
FSRU operational experience underscores the importance of flexibility, skilled crews, and strong O&M processes as more countries adopt LNG‑to‑power.
Small emerging markets face challenges due to limited offtake volumes, requiring modular solutions and creative commercial structuring.
Capital and commercial models are evolving, with greater interest from infrastructure funds, mid‑scale developers, and investors favoring standardized designs.
The FLNG sector is undergoing a 'floating gas revolution', where standardization has slashed construction timelines by 50%, reducing legacy six-year projects to just 33months (source: Riviera & EMA).
To hear the full discussion, including detailed market analysis and audience Q&A, watch the webinar on demand and follow the series as we build toward the Floating Energy Forum.
24th February 2026. From L-R: David Boggs, Sinan Klkety, Cobie Loper, and Capt. Devendra Kumar.
Panellists:
David Boggs, Executive Director, Energy Maritime Associates
Sinan Klkety, Business Development Director - Americas, Wison
Cobie Loper, Senior VP - Operators & Geographical Sales, NOV
Capt. Devendra "Dave" Kumar, Vice President - FSRU Terminal Operations, Energos Infrastructure
For additional insights, read Riviera Maritime Media’s coverage of the webinar:
👉 Click here
This session was the next step in a broader conversation that will continue through the webinar series and at the Floating Energy Forum on May 14, 2026.
The forum is designed to accelerate progress across floating energy technologies and project development. The webinar series is intended to build momentum by offering focused, data-driven insights into what is shaping project outcomes today and what will matter most over the next decade.
Across the webinar series and at the forum itself, we will continue exploring how floating hydrocarbon solutions can unlock stranded resources, deliver competitive economics, and support lower-impact developments in remote regions.
The 3rd Webinar: “ Breaking the deadlock in offshore development ”, will take place on Wednesday, 18 March 2026 from 15:30 to 16:30 GMT. Traditional offshore projects are often held back by two major hurdles: eye-watering development costs and limited competition. Whether you are an operator screening new prospects or a contractor looking for a more stable pipeline, this session offers a pre-development roadmap for deciding what is viable, what isn't, and how to get to First Oil as quickly as possible.
About Energy Maritime Associates
At EMA, we help companies navigate the floating production market with independent analysis, project intelligence, and data‑driven forecasts. If you’d like to discuss how these emerging trends may shape your strategy—reach out. Our team is here to support your planning for 2026 and beyond, ensuring you have the insights needed to make informed decisions in a rapidly evolving floating gas landscape.
For further information please contact:
David Boggs
Executive Director, EMA
email: david.boggs@energymaritimeassociates.com
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