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Prelude progresses amid glut

SHELL'S pioneering Prelude project continues to progress with a five-year inspection, maintenance and repair contract handed to DOF Subsea just as delays among its competitors like Gorgon helped trigger a rally in LNG spot, though analysts remain concerned about an overall negative trend.

Anthony Barich
Prelude progresses amid glut

The Norwegian service company's contract includes two two-year options to provide a fulltime underwater services and a multi-purpose supply vessel for Prelude, the largest floating LNG facility to be constructed...

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