LNG

After being at the forefront of LNG onshore projects since the industry's inception, French engineering company Technip has stolen a march on most of its rivals by emerging as the biggest winner so far in the race to develop Floating LNG ventures.

Its 15-year consortium partnership with Samsung Heavy Industries put the Paris-based company in pole position for Royal Dutch Shell's Prelude FLNG project, offshore north-western Australia.

Shell expects to repeat its Prelude FLNG elsewhere in the world using Technip and its South Korean partner, with the Sunrise FLNG project in the Timor Sea seen as another possibility for the concentration of minds by Technip's 750-strong FLNG team.

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