Shell Australia attempts to bring Prelude FLNG back online SUPERMAJOR Shell has begun the process of re-starting production from its fields connected to the Prelude Floating LNG vessel offshore Western Australia, however is facing difficulties eight months after the facility was shut down over engineering problems. "It is a big deal, and it's also a big embarrassment, and that's one of the reasons why you're not hearing much from Shell," he said. The Prelude project will be fired up 475 kilometres north-east of Broome, ready to liquefy natural gas straight from the ocean floor and ship it around the world. It hasn’t worked since February 2 when it was shut down after a run of alarming safety incidents, culminating in a power failure. In a brief statement sent to Offshore Engineer, a Shell spokesperson said Monday that the Prelude project had restarted LNG cargo shipping.. July 25, 2017, Prelude arrives in Australia - a new era for the LNG industry. The Prelude FLNG project, which shipped its first cargo in June 2019 and had not reached its full nameplate capacity, has been temporarily shut since February 2020. Tim Treadgold is a resources industry analyst who writes for US business magazine Forbes, and says Shell is trying to keep Prelude's predicament under wraps. Jessica Jaganathan Prelude shutdown OPERATION of the world’s largest offshore facility, Shell’s embattled Prelude floating LNG vessel, has descended into chaos with Prelude FLNG, the world’s largest floating LNG (FLNG) vessel, will not restart full production until 2021, according to Shell Work has been underway to restart production at Prelude FLNG since Shell suspended commercial operations at the facility offshore Broome in Western Australia in February 2020 following a series of technical issues. The moves relayed to Boiling Cold by a number of industry sources were confirmed by Shell this morning "Work continues to restore full operations on Prelude," a Shell spokesperson said. Editor's note (August 21, 2020): An earlier version of this story stated only one LNG shipment had occurred from the Prelude platform. Impressive failure at Prelude hits Shell’s bottom line. The story has been updated to reflect the additional information it provided. Shell's Prelude FLNG, world’s largest offshore LNG facility, experienced Shutdown in Australia Netherlands based global energy giant 'Shell' faced an electrical trip from the main power generation system resulting in operations shut down on the facility Curtin University energy economist Roberto F Aguilera said Mr Treadgold's assessment was too pessimistic. It shipped its first LNG cargo in June last year following start-up delays. When Woodside pulled the pin on James Price Point in 2013 as forecast costs went stratospheric, Shell was already building Prelude in a Korean shipyard. This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced. With Asian spot LNG prices diving to a record low this week as the coronavirus epidemic sweeping China dents demand from the world's second-largest importer of LNG, the impact of the production cut at Prelude is expected to be minimal, trade sources said. In a statement, Shell did not specify how many shipments of LNG had taken place, but said "regular offtake of LNG, LPG and condensate cargoes" had occurred up until January. "That has given a serious hit to the project, but the same is true of LNG all over the world.". "It was not just the technical electrical problems, but also industrial action, and then the pandemic which had that devastating effect on natural gas and LNG demand," he said. The other two notifications of dangerous occurrences at … Royal Dutch Shell said on Thursday its Prelude floating liquefied natural gas (FLNG) project off Australia, off line since early February, is working on restarting operations but would not resume full production this year. It's a unique technology, very complex," Dr Aguilera said. Prelude FLNG Shut Down Jessica Jaganathan. The FLNG facility is expected to stay moored at the Prelude gas field offshore Western Australia for 25 years. Being a significant project in Shell’s portfolio, Prelude FLNG is a path-breaking facility for the emergence of floating LNG. Dr Aguilera said that with many projects deferred globally, LNG prices are set to rise when world economies emerge from the pandemic downturn. "It wouldn't surprise me at all if at some stage Prelude is towed back to where it was built in Korea.". The Federal Government's National COVID Coordination Commission has a lot of gas industry players involved, and it appears to be showing in its policy recommendations. June 29, 2017, Prelude FLNG begins its journey to Australia. May 8, 2013, Shell lays keel for world's first floating LNG project. Prelude FLNG is the largest ... was shut down in February this year due to "an electrical trip". China is Australia's No.2 LNG export destination by volume, behind Japan. "It would seem unlikely that they would cut their losses after so much effort and so many billions of dollars in investment.". Royal Dutch Shell said on Thursday its Prelude floating liquefied natural gas (FLNG) project off Australia, off line since early February, is working on restarting operations but would not resume full production this year. But even with a vessel that dwarfs the massive LNG ships it is supposed to offload to, cramming an LNG facility, staff accommodation, and all the other services onto Prelude, has been troubled. Shell's Prelude LNG, the world's largest floating liquefied natural gas (FLNG) project, offshore Australia, has resumed LNG cargo shipments, almost one year after a shutdown caused by an electrical trip.. The first shipment of LNG left Prelude in June 2019, while another left shortly before the platform was put into shutdown in February. Shell first announced the Prelude suspension on February 4. An electrical trip at the Prelude floating liquefied natural gas facility off Western Australia has seen Anglo-Dutch supermajor Shell shut down production and evacuate some staff. Prelude, the world's largest floating LNG facility, has the capacity to produce 3.6 million tonnes a year of LNG, 1.3 million tonnes a year of condensate and 400,000 tonnes a year of liquefied petroleum gas (LPG). Shell has extended the shutdown of its beleaguered Prelude floating LNG facility and postponed the Crux development to supply more gas to the giant investment. “LNG cargoes have resumed from Shell’s Prelude FLNG facility. Unfortunately, the Prelude FLNG doesn’t work. "It was hoping to reinvent the way remote gas fields are developed, and you would have to say at this stage that they haven't succeeded.". Prelude is a multi-decade project, and our focus remains on delivering sustained performance over the long-term,” Shell said on Monday. Shell declined to be interviewed by the ABC, but said in a statement that the facility was shut down in February this year due to "an electrical trip". https://www.marinelink.com/news/shells-prelude-flng-restarts-lng-484420 The Prelude FLNG facility is operated by Shell in joint venture with Inpex (17.5 percent), Kogas (10 percent) and OPIC (5 percent). 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The ABC understands NOPSEMA is now assessing Prelude's revised safety management systems, required before work that risks these dangerous leaks resumes. https://www.marinelink.com/news/prelude-flng-wont-restart-482467 The project is jointly owned by Shell, Japan's Inpex Corp , Korea Gas Corp and Overseas Petroleum and Investment Corp, a unit of Taiwan's CPC Corp. (Reporting by Jessica Jaganathan in SINGAPORE and Sonali Paul in MELBOURNE; Editing by Kim Coghill and Tom Hogue), Prelude FLNG - Image by CapTom - MarineTraffic. Shell has indicated that the process to restart operations has begun, but has not yet announced an official production restart date. July 25, 2017, Prelude arrives in Australia - a new era for the LNG industry. Prelude FLNG facility is operated by Shell in … "There is no doubt the facility has had trouble. It is designed to produce 3.6 mtpa of LNG, 1.3 mtpa of condensate and 0.4 mtpa of LPG for export. "LNG cargoes have resumed from Shell's Prelude FLNG facility," Argus reported, citing a company statement. With five times the steel of the Sydney Harbour Bridge and half a kilometre long, it certainly is big. February 5, 2020. Full production is not expected to resume before year-end. "We will be in a stronger position to talk about timing of production and cargo once that has been completed.". Shell's Prelude LNG, the world's largest floating liquefied natural gas (FLNG) project, offshore Australia, has resumed LNG cargo shipments, almost one year after a shutdown caused by an electrical trip.. Shell have never revealed the cost of construction, but even at the estimated figures of $12-17 billion, and with no land-based approvals needed, floating LNG seemed to solve the problems that plagued building new onshore facilities. Prelude was moored over the Browse Basin in November 2017 and production began in December 2018. Located approximately 475 km north-northeast of Broome in Western Australia, Prelude FLNG facility has the capacity to produce 3.6 mta of LNG, 1.3 mta of condensate and 0.4 mta of liquefied petroleum gas. In a brief statement sent to Offshore Engineer, a Shell spokesperson said Monday that the Prelude project had restarted LNG cargo shipping.. Shell's Prelude LNG, the world's largest floating liquefied natural gas (FLNG) project, offshore Australia, has resumed LNG cargo shipments, almost one year after a shutdown caused by an electrical trip.In a brief statement sent to Offshore Engineer… Shell to Write Down O&G Asset Value by Up To $4.5B