Perth: Anglo-Dutch oil major Royal Dutch Shell is considering using floating liquefied natural gas (LNG) production technology for a gas field off Western Australia, a company executive said.
Shell said last July it had made a sizeable gas discovery at the Prelude-1 well in its 100 per cent-owned Browse basin permit WA-371-P offshore Western Australia.
“Floating LNG is a leading candidate for the Prelude field,” Linda Cook, Executive Director Gas & Power at Shell, said.
Shell said it sees increasing opportunities in Russia despite growing state control of the energy sector.
Russia will have to increasingly call on Western technology and expertise to fully exploit its oil fields and meet growing domestic and foreign demand, Het Financieele Dagblad cited Shell’s Russia head Chris Finlayson as saying.