Formal $15-billion Ichthys offshore EPC contract in place

Offshore staff

HOUSTON – The JKC joint venture has signed the formal $15-billion contract for engineering, procurement, and construction at the Ichthys LNG Project offshore Australia.

The joint venture consists of KBR, JGC Corp., and Chiyoda Corp. The Ichthys owners are INPEX and Total.

Gas from Ichthys in the Browse basin, approximately 200 km (124 mi) offshore of Western Australia, will undergo preliminary processing offshore to remove water and extract condensate. The gas will then be exported to onshore processing facilities in Darwin via an 889 km (552 mi) subsea pipeline. The Ichthys Project is expected to produce 8.4 MM metric tons of LNG and 1.6 MM metric tons of LPG per annum, along with approximately 100,000 b/d of condensate at peak.



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