Shell has signed two contracts with the Technip-Samsung Heavy Industries alliance for the Prelude Floating LNG (FLNG) development project offshore Western Australia. These contracts formalise the announcement made by Shell in October 2009 that Prelude is in the engineering and design phase of development. The first contract covers the front-end engineering and design elements specific to the Prelude project, taking into account the composition of the gas, local weather conditions and other site specific factors, said Technip. The second contract details the terms under which the FLNG facility would be built, if the final investment decision for the Prelude project is made, with Technip adding that planning for Prelude is progressing well. In July 2009, a master agreement was signed between Shell and Technip-Samsung to work on the design, construction and installation of multiple FLNG facilities over a period of up to 15 years.
展开▼