Prelude FLNG Won't Restart in 2020

Sonali Paul
Friday, October 16, 2020

Royal Dutch Shell said on Thursday its Prelude floating liquefied natural gas (FLNG) project off Australia, off line since early February, is working on restarting operations but would not resume full production this year. 

The troubled Prelude FLNG platform was shut down following an electrical trip and Shell has faced a number of issues over the past few months in trying to restart full production and now does not expect to ship any LNG before next year.

Full production is not expected to resume before year-end. Prelude is a multi-decade project, and our focus is on delivering sustained performance over the long term,” Shell said in a statement.

The company hopes to resume shipping LNG from Prelude in the first quarter of 2021, a person familiar with the situation said.

The $17 billion Prelude project, centered around the world’s biggest floating liquefaction vessel, has been plagued with problems. It shipped its first cargo only last year, more than two years behind schedule, and has yet to achieve steady output at its design capacity of 3.6 million tonnes a year of LNG.

The project is jointly owned by Shell, Japan's Inpex Corp, Korea Gas Corp, and a unit of Taiwan's CPC Corp.

(Reporting by Sonali Paul; Editing by Richard Pullin and Christian Schmollinger)

Categories: Offshore Energy LNG Industry News Activity Floating Production FLNG Australia/NZ

Related Stories

PTTEP Acquires Southeast Asia’s Offshore Block from Chevron’s Hess Unit for $450M

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Seatrium Makes First Turnkey FPSO Delivery to Petrobras

Santos and QatarEnergy Agree Mid-Term LNG Supply

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Woodside and Jera Agree LNG Cargoes Supply for Japan’s Winter Period

Woodside Agrees Long-Term LNG Supply with Petronas Unit

Yinson Production Closes $1B Investment to Drive Further Growth

Keyfield Ventures into Indonesia’s Oil and Gas Market with New Partner

Woodside to Shed Some Trinidad and Tobago Assets for $206M

Current News

PTTEP Acquires Southeast Asia’s Offshore Block from Chevron’s Hess Unit for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

China Rolls Out 17MW Floating Wind Turbine Prototype

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

CNOOC Finds Oil and Gas in South China Sea

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com