Japan's JERA has signed a deal with the new operator of the Sakhalin-2 energy project in Russia to maintain long-term deliveries of liquefied natural gas (LNG), a spokesperson for the country's biggest power generator said on Friday.Russian President Vladimir Putin signed a decree in June taking charge of the project, creating a new legal entity to deal with for buyers and shareholders, which include Shell and Japanese trading houses Mitsui & Co and Mitsubishi Corp…
Engineering company McDermott and Baker Hughes have completed the installation of subsea infrastructure at the Ichthys liquefied natural gas (LNG) field in northern Australia.The work was conducted for Inpex as part of the contract McDermott and Baker Hughes secured in 2019…
Japan's Mitsui OSK Lines, Toho Gas, and Hokuriku Electric Power will buy a stake of 25% in Formosa International Investment from Australia's Macquarie Group to enter Taiwan's offshore wind power business.The Japanese firms said the deal takes them into the overseas offshore wind power market…
A tanker carrying liquefied natural gas (LNG) has been floating off Australian waters for nearly two weeks as production at Ichthys project ramps up, industry sources told Reuters.The tanker 'Symphonic Breeze' has been moored at Darwin anchorage…
Denmark based drilling rig operator Maersk Drilling said on Wednesday it has secured a long-term contract for its ultra-deepwater semisubmersible Mærsk Deliverer, for drilling at the Ichthys gas and condensate field in the Browse Basin offshore Western Australia…
French energy company Total said it has agreed to sell a 4 percent stake in its Australian Ichthys liquefied natural gas (LNG) project to Japanese partner Inpex for $1.6 billion, following cost overruns.'This transaction is part of our constant portfolio review to optimize our capital allocation…
Inpex Corporation announced the departure of its first shipment of condensate from the Inpex-operated Ichthys LNG Project.The cargo departed from the Project’s massive offshore floating production, storage and offloading facility - the Ichthys Venturer –moored in the Browse Basin…
The Ichthys Venturer floating production, storage and offloading (FPSO) facility has arrived in Australian waters today (14 August), as Inpex gears up to begin hook-up and commissioning activities. The Ichthys Venturer at the DSME shipyard…
The INPEX-operated Ichthys LNG Project’s floating production, storage and offloading (FPSO) facility Ichthys Venturer has set sail for Australia. The 336m-long long ship-shaped, offshore facility has started a 5600km voyage that will take about one month to complete…
Inpex's Ichthys Explorer, the world's largest semisubmersible platform safely arrived in the Australian waters of the Browse basin, marking a milestone for the Ichthys LNG project. The Ichthys Explorer…
Although Australia has some of the most progressive fiscal regimes for offshore oil and gas, the country is being short-changed in LNG exports, which is on the verge of further expansion this year. Audrey Raj reports. Shell’s…
Audrey Raj speaks to Japanese gas giant INPEX about its US$34 billion Ichthys LNG development and the key components that make up the offshore production facilities of the project. The monoethylene…
Samsung Heavy Industries Co. (SHI) has awarded Clough a contract for hook-up services on the Ichthys LNG Project Central Processing Facility (CPF). The scope of work includes the preparation and execution of offshore hook-up activities and assistance to commissioning…
Japan’s INPEX Corp. announced an updated expected production start-up schedule and raised the anticipated production capacity of the Ichthys LNG project, offshore Western Australia. Ichthys layout…
Offshore oil and gas mega projects are increasing in scale and cost. Some 41% of ExxonMobil’s 2015 capital spending for projects under construction in 2015 is likely to be directed to one project alone. Neda Djahansouzi, Energy Researcher…