Five-year Ichthys Contract Goes to Wood
Wood has won the brownfield engineering services contract for the INPEX-operated Ichthys offshore facilities, located 220 kilometers off the Western Australia coast and onshore liquefied natural gas (LNG) processing facilities in Darwin, Northern Territory, Wood reported Tuesday.
“We are proud to be offering our diverse capabilities from subsea and topsides to brownfield engineering on this complex project, which has an operational life of at least 40 years,” Robin Watson, Wood’s chief executive, said in a written statement.
According to Wood, the contract – effective immediately – includes the delivery of engineering services to support the execution of brownfield works as well as technical support services. The company said that it will execute the contract, which spans a five-year period and includes a two-year extension option, from its offices in Perth.
On its website, INPEX calls the Ichthys LNG Project “effectively three mega-projects rolled into one.” The estimated US$34 billion development comprises offshore facilities and onshore processing facilities linked by nearly 900 kilometers of pipeline. INPEX anticipates that Ichthys will product up to 8.9 million tonnes per annum (mtpa) of LNG, 1.6 mtpa of LPG and more than 100,000 barrels per day of condensate.
INPEX’s partners in Ichthys include Total, CPC Corp. Taiwan, Tokyo Gas, Osaka Gas, Kansai Electric Power, JERA and Toho Gas.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Gunvor CEO Sees Russian Refining Capacity Taking Hit from Drone Strikes
- These Factors Helped Brent Oil Price Break Above $85
- Sinopec Engineering Posts Higher Annual Petrochemicals Revenue
- Imperial Pipeline in Winnipeg Goes Offline for Three Months
- Gaz System to Acquire Gas Storage Poland
- Subsea7 Secures Contract to Service Woodside's Trion
- Adnoc Inks Supply Deal for Ruwais LNG Project with Germany's SEFE
- EIA Boosts USA Crude Oil Production Forecasts
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- EIA Drops 2024 Henry Hub Gas Price Forecast
- EIA and Standard Chartered Offer Up Latest Oil Price Predictions
- Red Sea Region Sees Another Watershed Incident
- Chevron Oil Project in Kazakhstan to Cost $48.5B
- OPEC Voices Encouragement after IEA Affirms Support for Oil Security
- Biden Govt Bares Strategy for Freight Charging, Hydrogen Fueling Infra
- Rystad Looks at the Buzz Around White Hydrogen
- Ukraine Hits Third Russian Refinery In Escalating Drone Strikes
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Is Peak Oil Demand Close?
- Vessel Sinks in Red Sea After Missile Strike
- JP Morgan, Standard Chartered Reveal Latest Oil Price Forecasts
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Rystad Forecasts Net Production of Top Permian Producers in 2024
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension