POSH Terasea has won a deal to project manage, tow and position Shell’s Prelude FLNG (Floating, Liquefied Natural Gas) platform from South Korea to its offshore gas field in Australia.
The Prelude is the world’s largest offshore gas facility ever constructed and the deal will see the company tow the Shell Prelude FLNG over 3,000 nautical miles from the Samsung Shipyard in Geoje to Australia where it will be deployed.
It will then position the FLNG before it begins production at the Prelude gas field in the Browse LNG Basin, 200km off the northwest coast of Australia. POSH Terasea will be in charge of the overall towage project management.
President Eric Ng, said: “Towing and positioning a Floating Facilities that is about four times the size of a football field from Korea to a gas field in Australia will be a massive and complex undertaking.
“We are excited to be entrusted to play such a critical role in this milestone development and look forward to successfully delivering on yet another project.”
A total of five vessels will be deployed for the project including four large Anchor Handling and towage vessels as well as the BHP Anchor Handling Supply Vessel, the POSH Champion.
The deal was awarded to the company after a competitive bidding process.
The Shell Prelude FLNG facility is 488 metres long and 74 metres wide and has a fully loaded displacement capacity of about 600,000 tons.
It has around 260,000 tonnes of steel in the facility alone, around five times the amount of steel used to build the Sydney Harbour Bridge.
POSH Terasea is a joint venture between PACC Offshore Services Holdings and Terasea Ltd, which is in turn a joint venture between Seabridge Marine Services and Ezion Holdings Limited.
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