An illustration of the completed Prelude FLNG. Photo: Royal Dutch Shell
The 600,000 tonnes Prelude FLNG facility, the largest offshore facility ever constructed, is nearing completion at the Samsung Heavy Industries (SHI) shipyard in Geoje, South Korea.
Once completed, the floating liquefied natural gas (FLNG) facility will be moored off Western Australia for a period of 20 to 25 years where it will be used to chill natural gas produced at the Prelude field to –162°C (-260°F), shrinking its volume by 600 times so it can be exported to customers in Asia.
Once operational, the Prelude FLNG facility will produce at least 5.3 million tonnes (mtpa) per annum of liquids: 3.6 mtpa of LNG, 1.3 mtpa of condensate (equivalent to 35,000 bbl/d) and 0.4 mtpa of liquefied petroleum gas (LPG).
U.S. President Donald Trump and Chinese President Xi Jinping on Thursday took steps to de-escalate their trade war, swapping some U.S. tariff reductions and tighter export controls for a pause in Beijing's new restrictions on rare earth minerals and magnets and a resumption of its purchases of American soybeans.
Marilyn Hubalde still remembers the first time she heard the thunderous chop of military helicopters swooping over this northernmost outpost of the Philippines, less than 90 miles from Taiwan. It was April 2023, when Filipino and American troops descended on the cluster of 10 emerald green islands of Batanes province for amphibious warfare drills.
By Weilun Soon (Bloomberg) — An India-bound tanker filled with Russian crude reversed course and is now idling in the Baltic Sea, a sign of potential disruption in oil trade between...
October 30, 2025
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