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…
An Ocean Power Technologies' PB3 PowerBuoy has been deployed off the coast of Kozu-shima Island in Japan as part of its first lease agreement with Mitsui Engineering and Shipbuilding (MES). The PB3 was shipped to Japan in February and arrived in Tokyo on 18 March…
Thailand's PTT Exploration and Production (PTTEP) has signed a memorandum of understanding (MoU) with Japan Oil, Gas and Metals National Corp. (JOGMEC), for cooperation in research and technology development in the oil and gas business, aiming…
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…
Wood Group and Technip have recently completed 11 years of engineering and project management services on the Chevron Australia - operated Gorgon Project, Australia’s largest single-resource development. In collaboration, Wood Group and…
Chevron has temporarily halted production at its Gorgon liquefied natural gas (LNG) and condensate project on Barrow Island, off the northwest coast of Western Australia due to mechanical issues. According to Chevron Australia, the propane…
Chevron’s Gorgon project could put Australia s on track to be the largest liquefied natural gas (LNG) exporter in the world at 11.5 Bcf/d, according to the US Energy Information Administration (EIA). Gorgon…
Chevron Corp. has begun production from its liquefied natural gas (LNG) and condensate at the Gorgon Project on Barrow Island off the northwest coast of Western Australia. The first LNG cargo is expected to be shipped next week. “We expect…
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…
US supermajor Chevron announced in its Q3 results that it expects to make further workforce reductions in the realm of 6000-7000 in an effort to cut costs. The company’s earnings this quarter were better than anticipated, according to analysts Simmons & Co…
In a battle between the Australian Tax Office (ATO) and Chevron in the Australia federal court, the US supermajor lost and will have to pay more than US$232 million (A$322 million) in back taxes, in addition to fines. Wheatstone…
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…
Japan’s Agency of Natural Resources and Energy has chosen Tokyo-based operator Inpex to drill an exploratory well in the country’s offshore waters in the Sea of Japan. Exploratory drilling will take place from May to August 2016, 80-86mi…
