Prelude News

Woodside Says Constructively Addressed Several Worker Concerns

Aug 22, 2023

Woodside Energy has 'constructively addressed' several concerns of workers at Australia's largest LNG facility, its CEO said on Tuesday, a day before crucial talks with unions aimed at averting any industrial action that could disrupt global supplies of the super-chilled fuel…

Workers Start Strike Vote at Chevron's LNG Facilities in Australia

Aug 18, 2023

Chevron faces the prospect of work stoppages or even an all-out strike at Australia's second-largest liquefied natural gas (LNG) plant at Gorgon and at its Wheatstone operations after voting opened on Friday for a union ballot. Australia is one of the largest exporters of LNG to the world…

Chevron, Woodside in Talks to Avert Strikes in Australia

Aug 10, 2023

Chevron and Woodside Energy Group said on Thursday they are holding talks with unions to avert threatened strikes at gas facilities that together supply about 10% of the global LNG market.Concerns over potential industrial action at three Australian LNG operations - North West Shelf…

Floatel Secures 6-Month Contract for Floatel Triumph in Australia

Aug 01, 2023

Offshore accommodation rig provider Floatel International said Tuesday it had secured a contract for its Floatel Triumph semi-submersible unit in Australia.Floatel said that the contract was with 'a major Australian operator.' Under the six-month firm contract…

Samsung Heavy Industries Unveils Next-Generation FLNG

May 02, 2023

Samsung Heavy Industries (SHI) has unveiled a proprietary model nearshore FLNG concept which has been certified by DNV at OTC 2023 in Texas.The shipyard says it developed the Multi-purpose LNG Floater-Nearshore (MLF-N) in response to market…

Prelude Loads First Tanker Since Output Suspension

Jan 17, 2023

The first liquefied natural gas (LNG) tanker to berth at Shell's Prelude floating LNG site off Western Australia since it was shut down after a fire has begun loading, Refinitiv data shows.The Methane Becki Anne vessel berthed at the Prelude plant on Jan…

Report: Output from Shell's Prelude FLNG Shut Again

Dec 22, 2022

Shell has stopped production at its Prelude floating LNG plant off Western Australia after a fire.A Shell spokesperson told Reuters on Thursday that the fire at the giant FLNG unit 'was rapidly extinguished.'The 488-meter-long, Shell-operated…

Shell Posts $9.5B Profit, Plans to Boost Dividend

Oct 27, 2022

Shell Thursday posted a third-quarter profit of $9.45 billion, easing from the previous quarter's record high due to weaker refining and gas trading, as it announced plans to sharply boost its dividend by year end when its CEO departs.Shell also extended its share repurchasing program…

Shell, Unions Reach Deal to End Strike at Prelude FLNG

Aug 23, 2022

Shell and unions representing workers at its Prelude floating liquefied natural gas (FLNG) facility have reached a wage deal to end a long-running strike and restart production at the site off northwest Australia, they said on Wednesday.Shell shut the 3…

Shell's Giant Prelude FLNG Unit to Remain Shut for Longer as Pay Dispute Continues

Aug 18, 2022

Unions at Shell Plc's Prelude floating liquefied natural gas (FLNG) site off Australia have extended industrial action to Sept. 1 over a long-running pay dispute, the company said on Thursday. Shell shut down the 3.6-million-tonne-a-year site…

Shell Delays Prelude LNG Maintenance Due to Industrial Action

Aug 08, 2022

Shell Plc said on Monday it is deferring planned maintenance work at the Prelude floating liquefied natural gas (FLNG) facility that was due to go ahead in September because of industrial action at the site off northwest Australia.'As a result…

Workers on Shell's Prelude FLNG Extend Industrial Action Over Pay Fight

Jul 20, 2022

Workers at Shell Plc's Prelude floating liquefied natural gas (FLNG) facility off northwestern Australia have extended industrial action to Aug. 4 over a prolonged pay fight, the Offshore Alliance said on Wednesday.Shell last week began shutting down the 3…

Shell Says Prelude LNG Shipments Disrupted Until at Least Mid-July

Jun 28, 2022

Shell Plc said on Wednesday liquefied natural gas (LNG) shipments from its Prelude floating facility off northwest Australia would be disrupted for at least two weeks due to work bans by unions fighting for better pay.Loading disruption at the 3…

Shell Unable to Supply LNG Cargoes From Prelude FLNG Until July 21

Jul 12, 2022

Shell on Monday told customers it would be unable to supply liquefied natural gas (LNG) cargoes from its Prelude facility off northwestern Australia due to industrial action over a pay fight, which has been extended to July 21.Shell has stopped…

Japan's Inpex Increases Full-year Profit Guidance on Stronger Oil, Gas Prices

Aug 08, 2022

Japan's biggest oil and gas explorer Inpex Corp on Monday lifted its full-year net profit forecast by 17% as strong prices of oil and natural gas boosted its first-half earnings while a weaker yen also lent support.A rapid recovery in demand…

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