Wison New Energies Co., Ltd.

What Wison New Energies Co., Ltd. does

Wison New Energies Co., Ltd. is a Shanghai-headquartered, privately held offshore EPCIC contractor founded in 2004, serving international oil & gas majors, national oil companies, and energy operators with floating production infrastructure for LNG and oil. Its core offering spans Engineering, Procurement, Construction, Installation and Commissioning of floating LNG (FLNG) units at 0.65–6.0 MTPA capacity, FPSOs with an internally developed turret, FPUs, modularized LNG plants at 1.2–2.0 MTPA per train, and floating gas processing platforms. The company complements this with adjacent products such as the w.semi floating wind platform (with ABS and DNV AiPs), a 319,000 DWT VLCC newbuilding program, and a TRL3 all-electric FLNG design targeting 35% CO2 reduction.

Wison's execution model is anchored by the 1.2 million square meter Qidong manufacturing yard (which launched trial production in January 2026 after 6 million LTI-free man-hours), a secondary Nantong yard, and a Houston office supporting Americas business. The company monetizes through large multi-year fixed-price EPCIC contracts, lifecycle O&M extensions, and design licensing enabled by class certifications from Lloyd's Register, ABS and DNV. Notable customer programs include Eni's NGUYA FLNG in Congo (first cargo February 2026 in a 35-month contract-to-startup cycle), the Baleine Phase 3 FPSO with Eni and Altera Infrastructure, TPAO's Sakarya Phase 3 FPU, Exmar's Tango FLNG and S188 FSRU, United Overseas Group's VLCC newbuilds, and Petrobras supplier-list qualification.

The company's recent strategic posture emphasizes capacity expansion, product diversification into VLCCs and floating wind, and an equipment-and-digitalization partnership ecosystem spanning Siemens Energy, ABB, Emerson, Schneider Electric, and Inprocess. The stated ambition to cover roughly 90% of FPSO demand and operate 3 MTPA of combined Congo LNG output reflects a scale-and-standardization strategy targeting tier-one IOC and NOC customers globally.

Name

Wison New Energies Co., Ltd.

Legal name

Wison New Energies Co., Ltd.

Website

https://www.wison-energies.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Wison New Energies Co., Ltd. is a Shanghai-based offshore EPCIC contractor that designs and builds floating LNG units, FPSOs, FPUs, FSRUs, floating wind platforms and VLCC newbuildings for international oil & gas majors and energy operators.

Ownership category

akta.pro rank

Product category

Offshore Energy Infrastructure

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Ship and Boat Building (3366), Wind Electric Power Generation (221115), Engine, Turbine, and Power Transmission Equipment Manufacturing (3336)

SIC

Oil & Gas Field Machinery & Equipment (3533), Water Transportation (4400), Engines & Turbines (3510)

akta.pro primary industry

Offshore Wind Substructures & Marine Engineering (Monopiles, Jackets, Floating) (EUAMACAE)

akta.pro secondary industry

Marine & Offshore Wind BOP Construction (Foundations, Cables, Ports, Installation Support) (EUAMAFAI)

Keywords

• Floating LNG vessels
• Offshore wind platforms
• FPSO engineering
• Marine EPC services
• Modular LNG plants

Headquarters

HQ city

Shanghai

HQ country

China

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Marketing or Sales, Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure

Revenue model

1. EPCIC Project Delivery: Wison New Energies earns revenue through lump-sum or re-measured EPCIC (Engineering, Procurement, Construction, Installation, and Commissioning) contracts for large floating energy infrastructure projects including FLNG, FPSO, and FPU vessels. Contracts are typically awarded by international energy operators and vessel owners, with execution spanning FEED through to commissioning.
2. Operations & Maintenance (O&M) Services: Long-term O&M contracts for floating energy assets post-commissioning, such as the Operations and Global Maintenance Services contract for the NGUYA FLNG with Eni. These contracts provide recurring service revenue beyond the initial project delivery phase.
3. Vessel Construction (Newbuilding): Construction contracts for commercial vessels, including the 6+4 VLCC newbuilding program with United Overseas Group (first entry into the VLCC segment), representing diversification beyond offshore energy facilities into maritime vessel construction.
4. Modularized LNG Plant Manufacturing: Fabrication and delivery of standardized modular LNG plant solutions for onshore applications, with liquefaction capacities of 1.2–2.0 MTPA per train.

Go-to-market motion3 records

Distribution channels1 record

Marketing channels5 records

Core offering

Wison New Energies provides integrated EPCIC (Engineering, Procurement, Construction, Installation and Commissioning) solutions for floating energy facilities and offshore structures. The company's portfolio spans floating LNG vessels (FLNG), floating production storage and offloading units (FPSO), floating production units (FPU), floating wind platforms, and modularized onshore LNG plants, complemented by long-term Operations & Maintenance (O&M) services for delivered assets.

Product overview

Wison New Energies is a clean energy services provider offering integrated EPCIC (Engineering, Procurement, Construction, Installation and Commissioning) solutions for floating energy facilities and offshore structures. The company's product portfolio centers on three main pillars: Natural Gas Facilities (FLNG vessels in 3.6/2.4/1.3 MTPA standardized configurations, FSRU, FGPP, and modularized LNG plants), Offshore Wind Solutions (proprietary w.semi™ floating wind platform for 12+ MW turbines, offshore wind booster stations), and Maritime/Vessel Construction (FPSO/FPU vessels, and VLCC crude carriers). The FLNG products utilize Chart IPSMR and Encryo SMR technologies, while the w.semi™ holds ABS and DNV approvals. Recent additions include an all-electric FLNG design targeting 35% CO2 reduction and a VLCC newbuilding program. The company operates manufacturing yards in Qidong and Nantong, China, and provides full-lifecycle services including O&M for delivered facilities.

Differentiator

Problem solved

Functional benefit

Brands

• w.semi™: Floating wind platform technology for large turbines (12+ MW) designed for harsh environments with modular fabrication and catenary mooring systems
• BT Wind

Products and services

• FLNG (Floating Liquefied Natural Gas Vessel) Standardized floating liquefied natural gas facilities available in 3.6 MTPA, 2.4 MTPA, and 1.3 MTPA configurations using Chart IPSMR and Encryo SMR liquefaction technologies for offshore gas liquefaction, storage, and export. Designed for international energy operators developing offshore gas reserves.
• FGPP (Floating Gas Power Plant) Floating gas power generation facilities for offshore power production, supporting energy transition and distributed power needs in maritime or remote locations. Targets energy operators requiring offshore power infrastructure.
• Modularized LNG Plant Standardized onshore LNG modularized plants with liquefaction capacity of 1.2-2.0 MTPA per train, gas turbine-driven mixed refrigerant compressor, supporting lean or rich gas feed with inlet CO2 content below 2%. Designed for onshore LNG developers seeking schedule and cost certainty.
• FPSO (Floating Production, Storage and Offloading) Floating production, storage and offloading vessels for offshore oil and gas development, including internal turret designs validated by Lloyd's Register for harsh environments. Serves international energy operators and FPSO owners executing offshore production projects.
• FPU (Floating Production Unit) Floating production units integrating gas processing, compression, and export functions for offshore oil and gas field developments. Targets national oil companies and energy operators developing deepwater gas fields such as the Sakarya Gas Field Phase 3 project for TPAO.
• w.semi Floating Wind Platform Proprietary four-column semi-submersible floating wind platform suitable for large turbines (12+ MW) deployed in harsh marine environments at water depths of 60+ meters. Features modular fabrication for transportation and afloat assembly, optimized steel hull, and catenary mooring systems. Holds AIPs from ABS and DNV.
• Floating Wind Farm Complete floating wind farm solutions incorporating the w.semi platform technology for offshore wind power generation, addressing European and international renewable energy developers needing deepwater floating wind installations.
• VLCC (Very Large Crude Carrier) Newbuilding Very large crude carriers with 319,000 DWT capacity featuring optimized hull forms, advanced propulsion integration, and energy-saving technologies meeting IMO environmental standards. Targets maritime shipping operators and commercial shipowners.
• Operations & Maintenance (O&M) Services Long-term O&M contracts for floating energy assets post-commissioning, such as the Operations and Global Maintenance Services contract for the NGUYA FLNG with Eni. Provides recurring service revenue and lifecycle support for delivered floating facilities.

Quantifiable outcome

• 35 months from contract award to start-up — new international industry benchmark for FLNG execution speed
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

Nine partnerships are on record, tiered core, strategic, project-level and flagship.

• Qair InternationalcoreStrategic or Co-development Partner · 30 June 2026Wison New Energies and Qair International signed a strategic partnership agreement to co-develop cutting-edge offshore floating wind projects in Europe, focusing on advanced, climate-resilient floating wind solutions for challenging marine environments including the North Sea and Mediterranean Sea. The partnership combines Qair's project development, financing, construction management and operations expertise with Wison's integrated EPCIC O&M capabilities to jointly evaluate project opportunities, streamline deepwater project timelines, and support commercialization of floating offshore wind solutions.
• Lloyd's RegisterstrategicTechnology or Integration · 8 May 2026UK-based Lloyd's Register granted Approval in Principle (AiP) to Wison New Energies for a new harsh environment internal turret FPSO design following an independent concept-stage review. The AiP validates the design's feasibility for complex offshore conditions and is a significant endorsement of Wison's FPSO engineering capabilities.
• Geoceanproject-levelImplementation/ SI/ Consulting Partner · 27 March 2026France's Geocean, a marine contractor, completed installation of a mooring system for Eni's floating LNG unit at the Congo LNG project offshore Pointe Noire, in partnership with China's Wison New Energies, at a water depth of 33 meters. The project reached full operational status with combined liquefaction capacity of 3 mtpa of LNG.
• EniflagshipStrategic or Co-development Partner · 25 February 2026Wison New Energies and Eni have a multi-project relationship including the NGUYA FLNG (Phase 2 of Congo LNG), where Wison served as EPCIC contractor achieving first cargo in February 2026, and the NGUYA FLNG O&M contract extending collaboration into operations and maintenance. Wison also holds the Baleine Phase 3 FPSO EPCIC contract with Eni and Altera Infrastructure, with all gas allocated to Côte d'Ivoire's domestic market. The 35-month NGUYA FLNG execution benchmark reflects the strength of the Eni-Wison working relationship.
• ABBstrategicTechnology or Integration · 23 December 2025Wison signed a strategic agreement with ABB as part of the Wison Technology Seminar 2025 to enhance low-carbon technologies and digitalization efforts in the company's floating energy infrastructure solutions.
• EmersonstrategicTechnology or Integration · 23 December 2025Wison signed a strategic agreement with Emerson as part of the Wison Technology Seminar 2025 to enhance low-carbon technologies and digitalization efforts, likely in the area of automation and control systems for floating energy facilities.
• Schneider ElectricstrategicTechnology or Integration · 23 December 2025Wison signed a strategic agreement with Schneider Electric as part of the Wison Technology Seminar 2025 to enhance low-carbon technologies and digitalization, likely covering energy management and power distribution systems for FLNG and FPSO facilities.
• InprocessstrategicTechnology or Integration · 23 December 2025Wison signed a strategic agreement with Inprocess as part of the Wison Technology Seminar 2025 to enhance low-carbon technologies and digitalization, potentially related to process safety and digital transformation for floating energy infrastructure.
• Siemens EnergycoreTechnology or Integration · 11 September 2025Wison New Energies and Siemens Energy signed a strategic MoU at the Gastech exhibition in Milan to co-develop optimized configurations of Siemens' gas turbine packages and motor compressor packages for Wison's floating LNG and FPSO projects. The partnership includes a frame agreement toolbox designed to streamline technical and commercial processes and reduce project lead times, supporting Wison's standardized FLNG and FPSO design portfolio.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• SBM Offshore: Global leader in FPSO leasing, design, and EPCIC execution for offshore oil and gas. Directly comparable to Wison on FPSO newbuild delivery, harsh-environment designs, and integrated EPCIC delivery model serving IOCs and NOCs.
• MODEC: Japanese FPSO EPCIC specialist with a large installed base of floating production units worldwide. Closely comparable to Wison's FPSO/FPU scope and project-based EPCIC revenue model targeting international energy operators.
• TechnipFMC: Major subsea and offshore EPC player with extensive FLNG and FPSO execution experience, including the Coral South FLNG and Prelude FLNG projects. Overlaps with Wison on FLNG topsides/process design and integrated EPCIC delivery.
• Saipem: Italian offshore engineering and construction company with strong FLNG/FPSO EPC track record, including Shell's Prelude FLNG. Comparable to Wison on complex floating infrastructure EPCIC execution for international oil majors.
• BW LNG: Singapore-based owner-operator and project developer of FSRUs and LNG infrastructure. Comparable to Wison's FSRU (S188) delivery and growing floating LNG infrastructure focus, though BW LNG is more of an owner-operator than EPCIC contractor.
• Principle Power: Developer of the WindFloat semi-submersible floating wind platform, the most commercially deployed floating wind technology globally. Directly comparable to Wison's w.semi™ floating platform for deepwater offshore wind applications.
• Höegh LNG: Norwegian FSRU owner-operator with a fleet of floating storage and regasification units. Comparable to Wison's FSRU design and delivery heritage (S188 FSRU) and to its floating LNG infrastructure positioning.
• Keppel Shipyard: Singapore-based shipyard with established FLNG and FPSO conversion/newbuild track record. Closely comparable to Wison's yard-based EPCIC model for floating energy infrastructure, though Keppel focuses on conversions whereas Wison is more greenfield/newbuild.

Emerging players

• Stiesdal Offshore Technologies: Danish developer of the TetraSpar floating wind platform and other offshore wind technologies. Comparable to Wison's w.semi™ as an emerging floating wind substructure specialist targeting European deepwater markets.

Broad incumbents

• Aker Solutions: Norwegian offshore engineering, subsea, and floating wind company with broad EPC capabilities and exposure to floating wind platforms. Comparable to Wison at the broader portfolio level (offshore EPC, floating wind substructures, FPSO-adjacent work) rather than as a direct FLNG competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCHpzGg7sFyivBQwVK96coYg
• LinkedInlinkedin.com/company/1225775

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wison New Energies Co., Ltd.