Royal Dutch Shell Plc  .com Rotating Header Image

FLNG

Shell’s LNG-Producing Monster Ship, Prelude

Screen Shot 2013-11-16 at 09.15.51 Screen Shot 2013-11-16 at 09.16.49

On Geoje Island, off the coast of South Korea, as many as 5,000 workers have been building the largest vessel ever constructed. With a deck the size of seven football fields and containing three times as much steel as the Golden Gate Bridge, the Prelude will spend years anchored above a natural gas field off Australia, pumping fuel from under the seabed and turning it into a liquid that can be shipped to Asian customers.

Led by Royal Dutch Shell (RDS/A), the project could transform the global gas industry. Until now, liquefied natural gas projects, which chill the fuel until it turns into a liquid that can be transported on tankers, have relied on giant onshore plants. Putting an LNG facility on top of a ship will open up dozens of fields once considered too remote or too small to be viable. “It’s a very crucial technology,” says Shell Chief Executive Officer Peter Voser, who rates approving the project as the single most important decision he’s made while running the Anglo-Dutch company. “This will be a solution that works for many, many fields.” read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Royal Dutch Shell flags Australian cost pressure

By Ross Kelly

SYDNEY–A senior Royal Dutch Shell PLC RDS.B -0.08% executive said Wednesday the cost of building energy projects in Australia is becoming “very worrisome” as the European oil giant prepares to decide whether it will spend billions more dollars in the resource-rich nation.

Shell has already committed almost US$30 billion to Australian gas-export projects being built over the next five years. The company’s Australian head, Ann Pickard, said the figure is poised to become US$50 billion if final decisions are made on other projects that Shell has on the drawing board. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.