Thu Jul 03 12:07:00 CDT 2008
-- Shell invites floating LNG tenders
Royal Dutch Shell PLC has issued a formal invitation to three consortia to tender for the front-end engineering and design plus engineering, procurement, and construction of a 3.5 million tonnes/year floating LNG facility. The likelihood is that Shell will use the facility to develop its Prelude gas find in the Browse basin off Western Australia. Prelude has estimated reserves of 1-2 tcf of gas.