Inpex Company News
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Santos Contracts Valaris Rig for Van Gogh Phase 2
Tuesday, March 03, 2020Santos Ltd. reported a final investment decision on the Van Gogh Infill Development Phase Two Project offshore Western Australia.
Offshore Australia Block Goes to Inpex
Friday, July 12, 2019A unit of Inpex has won an exploration permit for Block AC/P66 in Australia's North West Shelf.
35-Year Onshore Abu Dhabi Concession Goes to Inpex
Monday, March 18, 2019INPEX will invest up to US$176 million in Abu Dhabi's Onshore Block 4. PHOTO SOURCE: ADNOC
Darwin Seeks To Shed Frontier Image To Become World-Class LNG Export Hub
Friday, July 27, 2018Australia's tropical city of Darwin wants to establish itself as a world-scale energy export hub.
Shell, Inpex Near Finish Line in Race to Export North Australian LNG
Tuesday, April 24, 2018Shell and Inpex are on the final stretch of a years-long race to export gas from offshore northern Australia, where both have spent billions of dollars building the world's biggest maritime vessels to grab a slice of Asia's booming LNG market.
Australia's Ichthys Project to Import LNG to Cool Plant Ahead of Start-up
Monday, April 23, 2018Japan's Inpex Corp and its partners have bought a cargo of LNG to cool their Ichthys LNG plant in Australia ahead of a potential start-up.
Japan's Inpex Delays Ichthys LNG Project; Posts Loss On Canada Gas Project
Monday, March 26, 2018Inpex says it has delayed the start-up of the Ichthys LNG project in Australia.
Japan's Inpex Sticks To End-March Start-Up Target For Ichthys LNG Project
Friday, March 09, 2018Inpex says it has started trial operations at its Ichthys LNG and condensate export facility.
Inpex Halts Construction At Australian LNG Site After Worker Dies
Thursday, November 30, 2017Inpex halted construction work at an onshore site in Australia for the huge Ichthys LNG project after a worker died in an accident there.
Japan's Inpex Says Ichthys LNG Project On Track For March Start
Wednesday, November 08, 2017Inpex is on track to begin production at its offshore Ichthys liquefied natural gas project in Australia.
Statement: Indonesia To Extend Inpex's Masela LNG Contract By 27 Years
Thursday, October 19, 2017Indonesia has agreed with Inpex to extend the company's contract to operate the Masela natural gas field by up to 27 years.
Ichthys LNG Subsea Contract Goes to Wood Group
Wednesday, September 06, 2017INPEX Operations Australia has awarded Wood Group a 5-year contract to provide subsea engineering services for the integrity of the Ichthys LNG Project.
Australia's $180B LNG Megaproject Boom Enters Final Stretch
Monday, August 14, 2017The last massive component of Australia's $180 billion LNG construction boom arrived, stepping up a race between Shell and Inpex to start chilling gas for export in 2018.
Inpex Says Floating Unit For Australia LNG Project To Set Sail Soon
Monday, July 10, 2017A massive floating component for Inpex Corp's $37 billion Ichthys LNG project in Australia will soon sail from the South Korean shipyard.
Lukoil Finds Oil at Iraq Well
Wednesday, February 22, 2017Lukoil reveals that it has hit oil at the Eridu 1 exploration well in southern Iraq's Block 10.
Japan's Inpex Sticks To Australia Ichthys LNG Output Target
Friday, February 10, 2017Inpex Corp is sticking to its plans to start up its huge Australian Ichthys liquefied natural gas (LNG) export plant in July-September this year, despite trouble over the completion of a power station.
Inpex, ADNOC Agree to Extend Offshore Abu Dhabi Joint Development Project
Monday, January 16, 2017Inpex Corporation agrees with the Abu Dhabi National Oil Company (ADNOC) to extend the duration of the joint development of the Satah and Umm Al Dalkh oil fields offshore Abu Dhabi in the United Arab Emirates.
Total, Shell, Eni Eligible to Bid for New Iran Oil, Gas Projects
Tuesday, January 03, 2017The National Iranian Oil Company (NIOC) revealed that several European oil and gas companies will be eligible to bid for the country's new oil and gas projects.
SOCAR, AIOC Agree to Develop ACG Field
Friday, December 23, 2016SOCAR and AIOC sign a letter of intent for the future development of the Azeri-Chirag-Gunashli (ACG) field, in the Azerbaijan sector of the Caspian Sea.
JOGMEC, Inpex, Marubeni Ink Exploration Deal with Rosneft
Thursday, December 15, 2016JOGMEC, Inpex Corporation and Marubeni Corporation sign a deal with Rosneft Oil Company to carry out joint exploration work in the southwestern offshore area of Sakhalin Island, Russia.
Inpex to Enter Production Phase at Russian Ichyodinskoye Field
Wednesday, December 14, 2016Inpex Corporation will enter the production phase at the Ichyodinskoye oil field, located within the Zapadno-Yaraktinsky Block (ZY block), in Irkutsk Oblast in the Russian Federation.
Kazakhstan's Giant Kashagan Oil Field Begins Commercial Output
Monday, November 21, 2016Kazakhstan's giant Kashagan oil field starts commercial output, a milestone for the repeatedly delayed $55 billion project.
Kazakhstan's Kashagan Produces 201,000 Tons Of Oil In October
Monday, November 14, 2016Kazakhstan's Kashagan oil field produced about 201,000 tons of oil in October, its first full month of operation, data from the Energy Ministry's analytical center showed.
Inpex Hits Gas Offshore Japan
Friday, October 28, 2016Inpex Corporation reveals that gas has been found at an exploration well offshore the Shimane and Yamaguchi prefectures in Japan.
Indonesia Considers Inpex Request To Boost Masela LNG Output Again
Friday, October 21, 2016Indonesia expects to decide within "one or two weeks" on a plan by Inpex Corp to increase proposed output from the Masela natural gas field to nearly four times the level originally slated.
MedcoEnergi Acquires ConocoPhillips' Stake in South Natuna Sea Block
Tuesday, September 20, 2016MedcoEnergi inks agreement to acquire ConocoPhillips' stake in the South Natuna Sea Block B Production Sharing Contract (PSC) offshore Indonesia.
UKJV Confirms Commercial Settlement of Ichthys SMP Project Up to May 31
Tuesday, August 30, 2016UGL-Kentz Joint Venture confirms commercial settlement of Ichthys structural, mechanical and piping (SMP) project in Australia up to May 31.
CEO: Indonesia's Pertamina To Invest $1.5B In Mahakam In 2017
Tuesday, August 23, 2016Indonesia's Pertamina plans to invest around $1.5 billion in the Mahakam gas block in 2017, the chief executive of the state-owned energy company says.
Indonesian Acting Energy Minister Says Abadi LNG Remains a Priority Project
Thursday, August 18, 2016Indonesia's Acting Minister for Energy and Mineral Resources Luhut Panjaitan says the Abadi liquefied natural gas project in the offshore Masela block remains a priority project for the country.
Intertek Clinches Inpex-operated Ichthys LNG Project Contract Off Australia
Tuesday, June 28, 2016Intertek clinches contract to provide quality assurance services into the operational phase of the Inpex-operated Ichthys liquefied natural gas project off northwestern Australia.
Indonesia's Upstream Investment Appeal Fades
Monday, June 20, 2016Indonesia's efforts to boost upstream petroleum investments to mitigate falling production have not made much headway in recent years, further entrenching its reliance on imports.
Inpex Spuds Exploration Well Off Japan's Shimane, Yamaguchi Prefectures
Tuesday, June 07, 2016Inpex spuds an exploration well offshore Japan's Shimane and Yamaguchi prefectures as part of the government's "Hesei 26~28 Drilling Program in Japan".
Australia's UGL Faces More Provisions On Work For Ichthys LNG
Monday, June 06, 2016Australian contractor UGL Ltd warns it may have to book a provision of up to $146 million for losses on its work for the Ichthys liquefied natural gas (LNG) project, knocking its shares down 35 percent.
Inpex, MHI Ink Memorandum on Joint Study of Technological Challenges
Thursday, May 26, 2016Inpex and Mitsubishi Heavy Industries ink memorandum agreeing to jointly study solutions for various technological challenges in the energy sector.
APPEA Urges Australia's NT to Invest in Onshore Gas Projects, Create Jobs
Wednesday, May 25, 2016The Australia Petroleum and Production Exploration Association urges Australia's Northern Territory to invest in onshore gas projects to create new jobs for the state economy.
Japan Energy Spending Cuts Add Urgency to Securing Future Supply
Tuesday, May 17, 2016Energy companies in Japan are slashing investments by more than one-third following the collapse in commodity prices, increasing pressure on Prime Minister Shinzo Abe's government to supplement exploration budgets.
Japan Oil Firms Eye Smaller Investments Amid Low Oil Price
Friday, May 13, 2016Japanese oil companies are planning to cut spending on exploration and refining over the next few years as the plunge in crude prices since 2014 hammers their balance sheets and refining margins.
Inpex Completes Pre-lay of Ichthys LNG Project's Mooring System Off WA
Thursday, May 12, 2016Inpex completes pre-lay of the mooring system for the Ichthys liquefied natural gas project in the Browse Basin, offshore Western Australia.
Japan's Inpex Halves Full-Year Net Profit Estimate on Oil Rout
Tuesday, April 05, 2016Japanese oil firm Inpex Corp halves its full-year net profit estimate due to impairment losses on upstream assets amid the sharp fall in crude oil prices.
ADNOC Says 'Door Is Still Open' For UAE Oil Concession Talks
Monday, April 04, 2016The chief executive of the Abu Dhabi National Oil Company (ADNOC) says in remarks published the door was still open for talks on awarding stakes in its 40-year onshore concession to develop the country's biggest oilfields.
Inpex Asked to Submit Indonesia's Abadi Project POD Using Onshore LNG Plant
Monday, April 04, 2016Inpex receives formal notice from the Indonesian authorities to submit a development plan for the Abadi project based on an onshore liquefied natural gas plant.
Inpex, Shell Say Yet To Decide On Onshore Option For Indonesia LNG Plant
Thursday, March 24, 2016Inpex and Shell are expected to invest in the construction of Indonesia's onshore Masela liquefied natural gas plant.
Indonesia Rejects Inpex's Mega Floating LNG Project, Wants To Stay Onshore
Wednesday, March 23, 2016Indonesia's President Joko Widodo rejects Inpex and Shell's proposal to build the world's largest floating LNG plant in the country's east, saying an onshore plant would benefit its economy more.
Regulator: Japan's Inpex To Cut Indonesian Workforce By 40%
Wednesday, March 16, 2016Inpex will delay sanctioning its Masela Abadi LNG project in Indonesia by at least two years, the Indonesian energy regulator says.
Official: Japan's Inpex Could Save $6B if Indonesia LNG Plant Sited on Land
Friday, March 11, 2016Japan's Inpex and Royal Dutch Shell could save as much as $6 billion if Indonesia builds the Masela Abadi LNG plant on land rather than offshore, according to a maritime affairs official.
Heerema Completes Infield Flowlines Scope for Ichthys LNG Project Off WA
Wednesday, February 24, 2016Heerema Marine Contractors completes the infield flowlines scope for the Inpex-operated Ichthys liquefied natural gas project off Western Australia.
Indonesia Not Decided on Abadi Dev. Scheme Despite Minister's Claim
Wednesday, February 24, 2016Indonesia has yet to decide on the development scheme for the Abadi project in the Arafura Sea despite a claim by a minister that President Joko Widodo has opted for the onshore proposal.
Asia Features Prominently in McDermott's Latest Activities
Tuesday, February 23, 2016Asia features prominently in McDermott's latest activities, with the firm bagging two contracts offshore Western Australia and partnering LTHE for deepwater projects in India.
Statoil to Acquire 35% Stake in Block 15, Uruguay
Monday, February 15, 2016Statoil signs a farm-in agreement with Tullow to acquire a 35% working interest in offshore exploration block 15 in the Pelotas basin, Uruguay.
Flood Of Oil Asset Writedowns Seen Across Asia On Crude Rout
Tuesday, February 02, 2016Investors in Asian oil and gas companies should prepare for a wave of writedowns after a collapse in crude prices.