Tuesday 20th Nov, 2018

SPECIAL REPORT: Western Australia

Ichthys Venturer sails away from South Korea en route to offshore Western Australia
Ichthys Venturer sails away from South Korea en route to offshore Western Australia

THE INPEX-operated Ichthys LNG Project’s floating production, storage and offloading facility, Ichthys Venturer, sailed away recently from waters near its construction site in Okpo, South Korea, marking the start of its journey to Western Australia.

The 336 metre long offshore facility began a 5600km voyage that is to take about a month to complete, from South Korea towards its ultimate destination in the Browse Basin, 220km off the north coast of Western Australia.

“The sail away of the massive Ichthys Venturer marks another significant stride forward for the Ichthys LNG Project,” said Ichthys Project managing director Louis Bon.

“My thanks extend to the teams around the globe who completed around 50 million man hours of work to safely construct and commission the state-of-the-art FPSO,” he said.

“The Ichthys Venturer has been designed to withstand cyclonic conditions and is one of the largest and most advanced offshore facilities of its kind in the world.”

Ichthys Venturer has a storage capacity of 1.12 million barrels of condensate and will have a continuous operating life of 40 years, setting new benchmarks for durability.”

The facility is to be moored permanently in waters 250 metres deep, where it is to undergo hook-up and commissioning, along with the Ichthys Explorer central processing facility (CPF), located 3.5km away.

When operational, the FPSO is to process and store condensate from the Ichthys LNG Project’s CPF before periodically offloading this condensate to export carrier vessels.

INPEX Corporation is understood to be Japan’s largest exploration and production company.

INPEX is currently involved in about 70 projects across more than 20 nations, including as operator of the Ichthys LNG Project in Australia.

The Ichthys LNG Project is a project led by INPEX alongside partner TOTAL and the Australian subsidiaries of CPC Corporation Taiwan, Tokyo Gas, Osaka Gas, Kansai Electric, JERA and Toho Gas.

It involves liquefying natural gas lifted from the Ichthys Gas-condensate Field off the Western Australian coast at an onshore gas liquefaction plant built in Darwin and producing and shipping about 8.9 million tonnes of LNG and about 1.65 million tons of LPG per year.

From the print edition August 3, 2017

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