Shell Australia's Prelude floating liquefied natural gas (FLNG) facility, the first deployment of Shell's FLNG technology, arrived in Australian waters on Tuesday, the company announced.
Prelude FLNG will see a 488 meter-long floating facility extracting and liquefying gas at sea, before it is exported to customers around the globe.
Shell expects to see cashflow from the project during 2018.
Shell awarded a majority of Prelude contracts to Australian contractors, including that awarded to Australian engineering company Monadelphous for maintenance and modification services valued at $200 million, according to Shell Australia's Chairman Zoe Yujnovich.
The project will employ 260 local workers on board the facility during operations and create over 1,500 jobs during the hook-up and commissioning phase of the project, Shell said.
(Anadolu Agency)