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Prelude FLNG

History
Name: Prelude FLNG
Owner: Shell Australia
Port of registry: Fremantle, Australia
Builder: Samsung Heavy Industries, Geoje Shipyard, South Korea
Cost: >US$10 billion
Laid down: October 2012
Launched: December 2013
Identification: IMO number: 9648714
Status: Under construction
General characteristics
Type: Floating production storage and offloading
Tonnage: 300,000 GT
Displacement: 600,000 tonnes
Length: 488 m (1,601 ft)
Beam: 74 m (243 ft)
Height: 105 m (344 ft)
Crew: 220-240

Prelude FLNG is the world's second floating liquefied natural gas platform as well as the largest offshore facility ever constructed. The Prelude is being built by the Technip / Samsung Consortium (TSC) in South Korea for a joint venture between Royal Dutch Shell, KOGAS, and Inpex. It is 488 metres (1,601 ft) long, 74 metres (243 ft) wide, and made with more than 260,000 tonnes of steel. At full load, it will displace more than 600,000 tonnes, more than five times the displacement of a Nimitz-class aircraft carrier.

The hull was launched in December 2013.

The main double-hulled structure was built by the Technip Samsung Consortium in the Samsung Heavy Industries Geoje shipyard in South Korea. Construction was officially started when the first metal was cut for the substructure in October 2012. The Turret Mooring System has been subcontracted to SBM and has been built in Drydocks World Dubai, United Arab Emirates. Other equipment such as subsea wellheads are being constructed in other places around the world. It was launched on 30 November 2013 with no superstructure (accommodation and process plant).

Subsea equipment is being built by FMC Technologies, and Emerson is the main supplier of automation systems and uninterruptible power supply systems. By July 2015, all 14 gas plant modules were installed.

Prelude FLNG was approved for funding by Shell in 2011.

Analyst estimates in 2013 for the cost of the vessel were between US$10.8 to 12.6 billion. Shell estimated in 2014 that the project would cost up to US$3.5 billion per million tons of production capacity. Competitive pressures from an increase in the long-term production capabilities of North American gas fields due to hydraulic fracturing technologies and increasing Russian export capabilities may reduce the actual profitability of the venture from what was anticipated in 2011.


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