Website Headline Feb16-Dec17
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Ichthys FPSO arrives in Australian waters

The Ichthys LNG Project’s Floating Production, Storage and Offloading (FPSO) facility has safely arrived in Australian waters after leaving South Korea roughly a month ago.

The 336 m long, 59 m wide, ship-shaped weather-vaning facility, named Ichthys Venturer, will be permanently moored in the Browse Basin, about 220 km off the coast of Western Australia.

“The safe completion of the 5600 kilometre, 26 day tow of the Ichthys Venturer from South Korea to Australian waters is another significant stride forward for the Ichthys LNG Project,” said INPEX Managing Director Ichthys Project Louis Bon.

“The Ichthys Venturer is one of the largest and most advanced offshore facilities of its kind in the world, and it can accommodate up to 200 people.

“The FPSO has been designed to hold 1.12 MMbbl of condensate and operate for 40 years in a cyclonic environment, setting new benchmarks for durability.”

Ichthys Venturer joins the Ichthys LNG Project’s Central Processing Facility (CPF) – the Ichthys Explorer – the world’s largest semisubmersible platform that was safely moored in the Ichthys Field recently.

Once the Ichthys Venturer is moored in the 250-metre deep waters of the Ichthys Field, hook-up and commissioning activities will commence.

The FPSO will process, stabilise and store the condensate delivered from the Ichthys Explorer before periodically offloading it to tankers for export to market.

The Ichthys LNG Project is expected to produce up to 8.9 MMt/a and 1.65 MMt of LPG per annum, along with approximately 100,000 bbl of condensate per day at peak.

Joint venture interests in the project are INPEX (63.445 per cent), TOTAL (30 per cent), CPC (2.625 per cent), Tokyo Gas (1.575 per cent), Osaka Gas (1.2 per cent), Chubu Electric (0.735 per cent) and Toho Gas (0.420 per cent).