Royal Dutch Shell has announced its Floating Liquefied Gas (FLNG) technology will be used by the Sunrise joint venture for Timor Sea gas field development.
It will be the second time the FLNG solution has been deployed, with a previous pilot operation running in the Browse basin, off the shore of Western Australia.
The Sunrise consortium is made up of Shell, which has a 26.6 per cent share, Osaka Gas (ten per cent), Woodside (33.4 per cent) and ConocoPhillips (30 per cent).
Ann Pickard, executive vice-president of Shell's upstream business in Australia, said: "Sunrise is a significant resource, but is remote and technically challenging, so Shell's FLNG technology provides the best technical and commercial development option."
According to the organisation, the Sunrise facility is expected to produce four million tonnes of liquefied natural gas every year.
Recently, the firm released its first-quarter financial results for 2010, with chief executive officer Peter Voser saying they have "improved considerably" when compared with last year.
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