Ichthys FPSO Keel Laying Commences at DSME's Okpo Yard in South Korea

Inpex Corporation announced Wednesday that the company-operated Ichthys LNG Project in the Browse Basin offshore Western Australia has celebrated a key milestone for its Floating Production, Storage and Offloading (FPSO) facility.

The first block of the keel was placed during a ceremony in the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea, where the FPSO is being constructed.

Speaking at the event, Managing Director Ichthys Project Louis Bon said the keel laying was significant as it is the structure around which the FPSO would take form.

“In a year that will see many major milestones for the Ichthys LNG Project, this is a very big moment,” he said.

“The FPSO is the facility that will be used for condensate dewatering, stabilization, storage and export – so its importance cannot be overstated.

“With only a few years until first production, all of our major offshore facilities are taking shape.”

Following tradition and placing a newly minted Australian gold coin under the keel block for good luck, Bon said the milestone was the major next step in bringing together the fabricated blocks of the FPSO.

In traditional shipbuilding, keel laying was celebrated because it signified that work was starting on a vessel. In the case of Ichthys, modular construction means that most pieces of the FPSO will have been incorporated in blocks before keel laying, for faster sequencing.

These blocks will be combined to create mega blocks, which are then lifted, skidded and welded at the DSME dock to form parts of the FPSO and are outfitted and erected separately.

Once complete, the facility will be towed 3,479 miles (5,600 kilometers) to the Ichthys Field in the Browse Basin, offshore Western Australia, where it will be permanently moored to the seabed for the life of the Project.

The 1,102 foot by 193 foot (336 meter by 59 meter) FPSO is designed to hold more than one million barrels of condensate, which will be offloaded periodically to crude oil tankers and shipped directly to market.

Work is underway for all major Ichthys LNG Project offshore facilities, including the Central Processing Facility, subsea structures and the Gas Export Pipeline.


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