A natural gas liquefaction and liquid recovery sequence is proposed for top-side offshore floating liquefied natural gas processing. During liquefaction, a single mixed refrigerant is separated into heavy and light key components, separately compressed after the main cryogenic heat exchanger and then mixed again to make a single mixed refrigerant. The proposed liquefaction cycle has a simple, compact structure and is suitable for power-efficient, offshore, floating liquefied natural gas liquefaction. The natural gas liquid recovery process employs space- and energy-efficient dividing wall columns for the integration of depropanization and debutanization. The columns were optimized by response surface methodology. A compact top dividing wall column configuration could reduce total annual costs. A combined process integrating natural gas liquefaction and liquid recovery is finally proposed.