Samsung Heavy Dealt Another Blow as Shell Cans 3 FLNG Order

Source:Splash
2016.04.29
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Samsung Heavy Industries has suffered another huge blow to its dwindling orderbook with Royal Dutch Shell cancelling plans for three FLNGs worth a combined US$4.6bn.

Woodside Petroleum this March ditched the Browse LNG project in Australia with partners, including Shell and BP.

Samsung Heavy still has two FLNGs on its books for Shell and Petronas.

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