Shell gives pre-earnings updates on LNG as well as impacts of Texas winter storm on several divisions
Royal Dutch Shell, one of the largest LNG and natural gas upstream players, has updated its expectations for first-quarter earnings, including the negative impact of the Texas freeze-up and the effects of spot LNG price volatility and other factors.
Shell FLNG tie-back
Dec 30 (LNGJ) - Royal Dutch Shell has confirmed a significant natural gas and condensate discovery within the Shell-owned title AC-P64 in the Browse Basin off the northwest coast of Western Australia with feed-gas potential for the Prelude floating LNG hull deployed in the basin.
“This discovery is located 160 kilometres northeast of the Shell operated Prelude FLNG facility and presents an opportunity for a future tie-back to Prelude,” said Shell. “It supports Shell’s growth plans for more and cleaner energy, with LNG being the predominant focus for Shell in Australia,” said the Anglo-Dutch major.
French LNG storage firm GTT given services contract for 10 tanks on Prelude FLNG hull
Gaztransport and Technigaz (GTT), the French LNG maritime storage company, was awarded a services contract for the 10 membrane cargo containment tanks on board the Royal Dutch Shell Prelude floating LNG hull deployed offshore northwest Australia.
