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  • Wood Group wins five-year contract supporting INPEX’s Ichthys LNG development
    édité le 06/09/2017 - Plus de news de "Wood" - Voir la fiche entreprise de "Wood"


Wood Group wins five-year contract supporting INPEX’s Ichthys LNG development
Wood Group has secured a new, five-year contract with INPEX Operations Australia Pty Ltd (‘INPEX Australia’) to provide subsea engineering services for the integrity of the INPEX-operated Ichthys LNG Project, offshore Western Australia.

The operations of all subsea assets and the gas export pipeline will be supported under the contract which includes two, one-year extension options and is effective immediately.

It continues Wood Group’s 12-year support of the Ichthys LNG Project development; providing subsea engineering and project management services during the concept, front-end, and detailed engineering phases of the project. This award follows on from the subsea integrity and maintenance services contract successfully completed in 2016.

Bob MacDonald, CEO of Wood Group's Specialist Technical Solutions business, said: “We are proud to support the INPEX-operated Ichthys LNG Project’s successful production from one of the world’s largest liquefied natural gas developments. We have applied our global expertise and technical capabilities to support the development for over a decade.

“Our focus will be applying our detailed knowledge and our extensive global experience of supporting subsea operations, to create value-driven solutions that assure the long-term integrity of the Ichthys LNG Project’s subsea system.”

About the Ichthys LNG Project

The Ichthys LNG Project is a project led by INPEX (Operator, participating interest: 62.245%) alongside major partner TOTAL (participating interest: 30%) and the Australian subsidiaries of CPC Corporation, Taiwan (participating interest: 2.625%), Tokyo Gas (participating interest: 1.575%), Osaka Gas (participating interest: 1.2%), Kansai Electric (participating interest: 1.2%), JERA (participating interest: 0.735%) and Toho Gas (participating interest: 0.42%) that involves liquefying natural gas lifted from the Ichthys Gas-condensate Field offshore Western Australia at an onshore gas liquefaction plant constructed in Darwin, Northern Territory, and producing and shipping approximately 8.9 million tons of LNG and approximately 1.65 million tons of LPG per year, along with approximately 100,000 barrels of condensate per day at peak.

The Ichthys LNG Project is a large-scale LNG project by global standards, and is expected to be operational over a period of 40 years. In 1998, INPEX acquired an exploration permit in the block where the project is located, and following development studies including exploration, evaluation and FEED work, the company announced its final investment decision (FID) in January 2012. Going forward, installation and commissioning work on the offshore facilities will be undertaken and production from the wellhead will commence. Thereafter, the Ichthys LNG Project will, during the current fiscal year (ending March 31, 2018), begin production of condensate, liquefied natural gas (LNG) and liquefied petroleum gas (LPG) in sequence and then ship these products.

About Wood Group

Wood Group is an international energy services company with around US$5bn sales and operating in more than 40 countries. The Group designs, modifies, constructs and operates industrial facilities mainly for the oil & gas sector, right across the asset life cycle. We enhance this with a wide range of specialist technical solutions including our world leading subsea, automation and integrity solutions. Our real differentiator is our range of services, the quality of our delivery, the passion of our people, our culture and values. We are extending the scale and scope of our core services into adjacent industries.

About INPEX

INPEX CORPORATION is Japan’s largest exploration and production (E&P) company, and a mid-tier E&P player just behind the world’s oil majors. INPEX is currently involved in approximately 70 projects across more than 20 countries, including the Ichthys LNG Project in
Australia as Operator. Through sustainably growing its oil and gas development business, INPEX aims to become a top class international oil and gas E&P Company and continue providing a stable and efficient supply of energy to its customers.


Origine : Communiqué Wood

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