Belgium’s Exmar finally found a home for its unemployed floating LNG (FLNG) production unit this week by locking its small-scale floater into a 10-year contract with Argentina’s YPF in a deal that chief executive and managing director Nicolas Saverys says will change his company’s fortunes.
Saverys admitted that Exmar has wrestled with its finances over the last few years. But he said: “Now [that] this is done Exmar will be a totally different company.
