Ichthys Project Brochure-spreads

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    Ichthys LNG Project

    IchthysProject

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    Our partners

    The lchthys LNG Project is a joint venturebetween Operator INPEX, major partnerTOTAL and the Australian subsidiaries ofTokyo Gas, Osaka Gas, Chubu Electric Powerand Toho Gas.

    This world-class project has captured theimagination of the oil and gas industry and theIchthys team has attracted professionals from

    all over the globe to work in Project locationsfrom Perth to Geoje, Yokohama, Batam,Darwin, Singapore and Aberdeen.

    Drawing on vast industry experience, jointventure partnerships, a financially secureProject, strong values and the confidence thatwe can meet the challenges ahead INPEXAustralia has assembled a world-class team todeliver the Ichthys LNG Project.

    Timeline

    1998: Acquisition of exploration permitWA-285-P by INPEX CORPORATION.

    2000-2001: INPEX drills three exploratorywells in WA-285-P, confirming the IchthysField has promising resources of natural gasand condensate.

    2006: Long-standing business partner and

    oil and gas super major TOTAL acquires a 26per cent participating interest in the Project.

    2008: Darwin is announced as the preferredonshore location for the lchthys LNG Projectonshore processing facilities.

    2011: The Projects Environmental ImpactStatement is approved.

    2012: A Final Investment Decision gives thegreen light for the US$34 billion Project,followed by the securing of US$20 billion in

    project financing the biggest ever arrangedon the international financial markets.

    2013: Work commences on fabrication ofall major onshore and offshore facilities and889 kilometres of pipe is manufactured.Manigurr-ma village opens near Darwin, toaccommodate up to 3,500 workers duringpeak construction.

    2016: First production is scheduled to startby late 2016 with an expected operationallife of at least 40 years.

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    Working the field

    To extract gas and condensate

    from the lchthys Field, wells will

    be drilled in the Browse Basin.

    Subsea production systems,

    which sit on top of the wells and

    control the flow of hydrocarbons,

    will connect to a series of

    umbilicals, risers and flowlines

    taking gas and condensate to a

    floating, semi-submersible central

    processing facility nearby.

    Offshore processing

    Natural gas and condensate

    from the Fields subsea wells

    will undergo initial processing

    on the large, floating central

    processing facility (CPF), which

    will be permanently moored near

    the Field. The CPF will extract

    condensate and water and

    remove impurities at the earliest

    opportunity to make the gas and

    some condensate suitable for

    transmission through the gas

    export pipeline.

    Most condensate will be

    transferred from the CPF to

    the nearby floating production,

    storage and offloading facility

    (FPSO) for offshore processing.

    Condensate export

    The floating production, storage

    and offloading facility (FPSO) will

    be moored about 3.5 kilometres

    from the CPF. It will process and

    store condensate from the CPF

    and periodically offload stabilised

    condensate to shuttle carriers for

    export directly to market.

    The FPSO is designed to hold

    more than one million barrels

    of condensate and like the

    CPF has the capacity to

    accommodate a workforce

    of about 150.

    Connecting the fieldto Darwin

    A gas export pipeline (GEP) will

    deliver gas and some condensate

    from the CPF to the onshore

    processing facilities at Bladin

    Point near Darwin so that it

    can be prepared for export.

    At 889 kilometres, the lchthys

    LNG Project GEP will be one

    of the longest subsea pipelines

    ever built.

    Onshore processing

    The onshore processing facilities

    near Darwin will cool gas from

    the pipeline and transform it into

    liquid to reduce its volume for

    transport. Onshore facilities will

    include: two LNG trains, LPG

    and condensate plants, product

    storage tanks, administration

    facilities, utilities and a jetty.

    A peak workforce of more than

    4,000 is needed to complete

    the onshore facilities at Bladin

    Point, which are currently under

    construction. The majority of

    the temporary construction

    fly-in-fly-out workforce will live

    in the purpose-built Manigurr-ma

    Village near Darwin that was

    opened in 2013.

    LNG and LPG transport

    The lchthys LNG Project will

    require three LNG carriers

    and one LPG carrier to export

    product from Darwin Harbour

    each week as well as one or two

    condensate carriers each month.

    The LNG carriers are heavily

    insulated to keep gas liquefied

    as it is transported to market.

    Overview

    Effectively three mega-

    projects rolled into one, the

    lchthys LNG Project involves

    some of the industrys largest

    and most advanced offshore

    facilities, significant onshore

    infrastructure and an 889

    kilometre pipeline to unite

    them. The Project has an

    expected operational life of

    at least 40 years.

    The Ichthys LNG Project

    As Australia moves to take its place as one of the worlds biggest

    LNG exporters by 2020, the INPEX-operated Ichthys LNG Project

    stands as one of the countrys most exciting and challenging

    developments.

    The Ichthys Field was the largest discovery of hydrocarbon liquids

    in Australia in 40 years and the Ichthys LNG Project ranks among

    the largest and most significant energy projects in the world.

    The Project includes some of the worlds biggest and most

    advanced offshore facilities, massive onshore processing facilities

    near Darwin in the Nor thern Territory and an 889 kilometre

    pipeline to unite them. Each of these three components is a

    mega-project in its own right and construction is progressing

    strongly, with first production scheduled for the end of 2016.

    When operational, the Ichthys LNG Project is expected to

    produce 8.4 million tonnes of LNG and 1.6 million tonnes of

    LPG per annum, along with approximately 100,000 barrels of

    condensate per day at peak.

    Strategically partnering with leading companies and contractors

    in the oil and gas industry, the Project has attracted the worlds

    best, uniting them with the singular vision of bringing one of

    Australias largest resources projects to life.

    With the security of having delivered the biggest project financing

    ever arranged in the international markets and with sales and

    purchase agreements already in place, the volume and value of

    Ichthys LNG Project reserves will supply customers with energy

    for more than 40 years.

    In Australia, the Project is already delivering considerable benefits,

    including new business opportunities, major new and improved

    infrastructure and expanded economic, employment and training

    outcomes that will continue for generations.

    Browse Basin IchthysDarwin

    The Browse Basin

    Covering 140,000 square kilometres, the

    Browse Basin is one of the worlds most

    exciting and prospective exploration areas, and

    contains some of Australias largest gas fields.

    Located about 220 kilometres offshore

    Western Australia and 820 kilometres south-

    west of Darwin, the Ichthys Field covers an

    area of around 800 square kilometres in water

    averaging depths of around 250 metres.

    The Ichthys Field is estimated to contain more

    than 12 trillion cubic feet of gas and 500 million

    barrels of condensate.

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    Our peopleWith an expected operational life of at least

    40 years, the lchthys LNG Project offers rare,

    multi-generational opportunities to communities,

    economies, businesses, energy markets and its

    own workforce.

    The Project has attracted people who have the will

    power to make things happen. They value courage,

    determination, integrity, diversity, mutual respect,

    collaboration and ingenuity.

    More than 4,000 people are needed for peakconstruction on the LNG facilities near Darwin and

    thousands more are currently working in fabrication

    roles. A growing operations team is actively preparing

    for start-up and searching for the right people to

    join the Project for onshore and offshore post-

    construction roles.

    As the operator of the Ichthys LNG Project, INPEX is

    committed to contributing to the development of

    host countries and communities wherever it

    IchthysProject

    INPEX Australia

    Level 22, 100 St Georges Terrace

    Perth, Western Australia 6000

    T: +61 8 6213 6000

    F: +61 8 6213 6455

    E: [email protected]

    W: INPEX.com.au

    operates. INPEX believes in providing benefits

    to these communities and contributing to their

    sustainable social, economic and environmental

    development.

    Identifying and providing opportunities for local

    businesses and local people, including Aboriginal

    and Torres Strait Islander peoples is part of this

    commitment.

    INPEX has also committed to full, fair and reasonable

    opportunity for Australian industry to take part in

    the Project and is committed to getting it right

    by building effective partnerships through active

    engagement and consultation.

    INPEX promotes a safe and harmonious

    workplace culture in Australia.

    Anzen Dai Ichi Safety Number One is a goal, key

    behaviour, and commitment linked to INPEXs health,

    safety and environmental values.

    The Ichthys LNG Project is a Joint Venture between INPEX group companies (the Operator), major partner

    TOTAL and the Australian subsidiaries of Tokyo Gas, Osaka Gas, Chubu Electric Power and Toho Gas.