Sydney—Shell’s floating production technology has become the most likely development outcome for the Woodside Petroleumled Browse LNG project in Western Australia after the two companies signed an agreement April 30 on the key principles of using the option. The FLNG option has the potential to commercialize the Browse gas resources in the earliest possible time frame, Woodside CEO Peter Coleman said in a statement April 30, echoing comments made by Shell’s Australia Country Chair Ann Pickard earlier in April.
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