Shell's (NYSE: RDS.A) Offshore LNG Facility Takes Major Step Forward

Brian Hicks

Written By Brian Hicks

Posted December 3, 2013

Shell’s (NYSE: RDS.A) Offshore LNG Facility Takes Major Step Forward

Shell Prelude FLNG Facility

After months of construction, Shell has successfully floated the giant hull sections of the Prelude offshore natural gas facility. The vessel will be the world’s largest floating natural gas facility, and it will have the capacity to produce 3.6 million tons of liquefied natural gas per year.

Prelude will be Shell’s first floating liquefied natural gas (FLNG) facility, and its target destination is a basin approximately 475 miles north of the West Australian Coast in the Timor Sea. Shell plans to have the facility in this location for 25 years.

Groundbreaking FDA Decision

The cost of genetic sequencing has dropped precipitously, and Next-Generation Sequencing (NGS) devices have received FDA approval. What does that mean? Big returns if you’re investing in companies that make them. Find out where you should be looking in med tech. 

Angel Publishing Investor Club Discord - Chat Now

Brian Hicks Premium


Hydrogen Fuel Cells: The Downfall of Tesla?

Lithium has been the front-runner in the battery technology market for years, but that is all coming to an end. Elon Musk is against them, but Jeff Bezos is investing heavily in them. Hydrogen Fuel Cells will turn the battery market upside down and we've discovered a tiny company that is going to make it happen...

Sign up to receive your free report. After signing up, you'll begin receiving the Energy and Capital e-letter daily.