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Shell Floating LNG Technology, Greater Sunrise Project

Maritime Activity Reports, Inc.

May 7, 2010

 Photo courtesy Shell International BV.

Photo courtesy Shell International BV.

Shell’s Floating Liquefied Natural Gas (FLNG) technology has been selected as the Sunrise Joint Venture’s preferred option for developing the Greater Sunrise gas fields in the Timor Sea. Subject to final detailed agreements, government approvals and a final investment decision Shell will operate the FLNG facility and manage the design and build phases of the FLNG project for the Sunrise Joint Venture participants.

The Sunrise project would be the second deployment of Shell’s proprietary FLNG design, following Shell’s Prelude FLNG development in the Browse basin, offshore Western Australia. The Sunrise FLNG facility would produce around four million tonnes per annum of LNG as well as condensate.

The Sunrise Joint Venture participants comprise Shell (26.6%) Woodside (33.4%), ConocoPhillips (30%) and Osaka Gas (10%).

LNG

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