INPEX reports sail-away of FPSO Ichthys Venturer

7/19/2017

TOKYO -- INPEX Corp. (INPEX) announced today that the INPEX-operated Ichthys LNG Project’s floating production storage and offloading (FPSO) facility—Ichthys Venturer—sailed away on July 18 from waters near its construction site in Okpo, South Korea, en route to Ichthys gas-condensate field offshore Western Australia, following the completion of shipyard commissioning and preparation work.

INPEX is currently leading the development of the Ichthys LNG Project as Operator in the Commonwealth of Australia alongside its project partners.

The FPSO will be towed to the Ichthys gas-condensate field approximately 5,600 km distant from Okpo, South Korea over a period of approximately one month, after which it is scheduled to undergo hook-up.

The facility, which is 336 m long and 59 m wide, will undertake the role of temporarily storing condensate separated and produced by the Central Processing Facility (CPF) (Ichthys Explorer) located offshore approximately 3.5 km away and offloading the condensate to buyers’ tankers, and is a key facility of this project that is expected to be operational for 40 years.

The CPF arrived at Ichthys gas-condensate field on May 29 of this year following a 34-day towing operation, and having completed mooring, is currently undergoing hook-up and commissioning work. INPEX will continue to work toward the success of the Project with the understanding and cooperation of all its stakeholders, including its joint venture partners, the local communities, the Australian federal government and the governments of Western Australia and the Northern Territory.

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