Source: Offshore Magazine – September 2019
‘Stranded offshore gas fields are what they are because of the challenges involved in bringing the resource to market. Shell and Petronas have had some success with floating LNG on mid-size fields off Australia and Malaysia. But other FLNG projects have collapsed after hitting financial and regulatory roadblocks.
MFDevCo has come up with an alternative proposal, ‘Gas-to-Wire’, targeted at stranded offshore gas accumulations that would otherwise stand little chance of development, due mainly to infrastructure constraints.’
Read the full article on the Offshore Magazine website.