Steelhead LNG Initiates Patent Infringement Litigation Against Cedar LNG and Samsung Heavy Industries in Korea

Background

Steelhead LNG (Steelhead) has initiated patent infringement proceedings against Cedar LNG and Samsung Heavy Industries (SHI) in the Seoul Central District Court, Korea. The U.S.-based natural gas company accuses the Korean defendants of infringing on two of its patents for floating liquefied natural gas (FLNG) systems.

Alleged Infringements

The patents in question, US8490622B2 and US8931490B2, cover Steelhead's proprietary FLNG technology. Steelhead claims that Cedar LNG's Bear Head LNG project and SHI's design for the facility infringe on these patents.

Damages and Injunction Sought

Steelhead seeks monetary damages from the defendants for the alleged infringement. The company has also requested an injunction to prevent further use of the patented technology by Cedar LNG and SHI.

SHI's Response

Samsung Heavy Industries has responded to the lawsuit, denying the infringement claims. The company stated that it has developed its own FLNG technology independently and that it respects the intellectual property rights of others.

Industry Significance

The patent infringement lawsuit is a significant development in the FLNG industry. Floating LNG systems are becoming increasingly important as a means of monetizing natural gas resources in remote locations. The outcome of this case could have implications for the development and deployment of FLNG projects worldwide.

Legal Process

The patent infringement lawsuit is likely to be a complex and lengthy legal process. The Seoul Central District Court will hear arguments from both sides and consider evidence before making a decision. The proceedings could take several months or even years to resolve.

Impact on FLNG Market

The outcome of the lawsuit could have a significant impact on the FLNG market. If Steelhead's patents are upheld, it could strengthen the company's position as a leading provider of FLNG technology. Conversely, if Cedar LNG and SHI are successful in defending the lawsuit, it could open the door to wider competition in the FLNG market.