
Royal Dutch Shell has decided to go ahead with its Prelude floating liquefied natural gas (FLNG) project in Australia, which will see it build the world's first FLNG facility.
The platform will be moored around 200 kilometres off the Australian coast and will liquefy gas from offshore fields onboard by cooling.
Shell will now commence detailed design and construction of what will be the world's largest floating offshore facility, in a ship yard in South Korea.