The 488-m hull of Royal Dutch Shell PLC’s Prelude floating LNG (FLNG) plant was floated from the dry dock at the Samsung Heavy Industries yard in Geoje, South Korea, where Prelude is being built. The company laid the keel for the vessel in May. Shell’s first deployment of FNLG technology, Prelude FLNG will be the largest floating facility in the world once it’s complete and is expected to produce 3.6 million tonnes/year of LNG. The facility will operate for 25 years in a remote basin 475 km northeast of Broome, Western Australia, developing the Prelude and nearby Concerto gas fields in permit WA-371-P with total reserves of 3 tcf of gas and about 120 million bbl of condensate. Prelude FLNG is designed to withstand a category 5 cyclone. Shell said the facility will enable the development of gas resources ranging from clusters of smaller more remote fields to potentially […]