Worlds' Largest Vessel Built In South Korea For Shell Oil - Larger Planned [View all]

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"Yes we will move bigger and move into more extreme environments," Bruce Steenson, Shell's general manager of integrated gas programmes and innovation told Reuters last week. "We are designing a larger facility ... That will be the next car off the rails."

Prelude, which analysts says may cost over $12 billion to build and which is due to be producing by 2017, is a potential game changer for the oil and gas industry.

If it is an economic success, gas fields worldwide that are too far out to sea and too small to develop any other way could become viable for LNG production.

Making the first-ever FLNG unit even more of a focus as it takes shape in Samsung Heavy Industries' Geoje shipyard in South Korea, the prototype vessel's most likely first copy model of similar size will now be for the Browse project - another venture for gas off Australia.

http://www.reuters.com/article/2013/12/03/ship-lng-record-idUSL5N0JE3HE20131203

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