Name and Location
Ichthys liquefied natural gas (LNG) project, Australia.

Client
The project is a joint venture (JV) between Inpex (72.805%) Total (24%), and the following, which are subject to approval by the Australian government: Tokyo Gas (1.575%), Osaka Gas (1.2%) and Toho Gas (0.42%).

Project Description
The Ichthys LNG project is expected to produce 8.4-million tons of LNG and 1.6-million tons of liquefied petroleum gas (LPG) a year, along with about 100 000 bbl/d of condensate at peak. Gas from the Ichthys field, in the Browse basin off the coast of Western Australia, will undergo preliminary processing offshore to remove water and raw liquids, including condensate.

The gas will then be exported to the onshore processing facilities in Darwin by means of an 889 km pipeline.

Key offshore facilities will include a central processing facility; a floating production storage-offloading vessel; umbilicals, risers and flowlines; and a gas export pipeline.

Onshore facilities include a two-train LNG plant at Blaydin Point on Middle Arm peninsula, Darwin, Northern Territory; LPG and condensate processing plants; storage tanks for LNG, LPG and condensate; administration facilities; utilities and services; power generation infrastructure; and a product offloading jetty.

Value
$34-billion.

Duration
Production is expected to start by the end of 2016.

Latest Developments
Aker Solutions has signed a contract with a subsidiary of McDermott for the delivery of subsea tie-in connectors to the Ichthys LNG project valued at NKr500-million. The connectors will be used to connect flowlines to subsea structures, manifolds and export riser bases.

The scope of work includes the delivery of 6 to18 inch horizontal and vertical diverless tie-in connectors to be included in the McDermott umbilicals, risers and flowline scope for the project.

Early in 2012, Aker Solutions was awarded the contract for engineering, procurement, fabrication and supply of static and dynamic umbilicals, totalling 63 km for Ichthys. The company has also been awarded a contract to supply a mono ethylene glycol reclamation plant for this project.

The tie-in connector project will be executed by Aker Solutions' headquarters at Fornebu, Norway. Manufacturing will be handled by the strategic supply chain network and the expected delivery date is between 2013 and 2014.

Key Contracts and Suppliers
JKC JV, comprising JGC Corporation; KBR, Chiyoda Corporation (onshore LNG facility); Samsung Heavy Industry (central processing facility); General Electric (subsea production system); McDermott, in cooperation with Heerema (subsea flowline construction and installation); Mitsui-Europipe, Sumitomo and Nippon Steel-Metal One (gas export pipeline manufacture); Mitsui-Bredero Shaw (gas export pipeline – concrete coating); Saipem (gas export pipeline – pipelay); Mitsubishi Heavy Industries (compressors and motors) and Macmahon-John Holland JV (site development civil works).

On Budget and on Time?
Too early to state.

Contact Details for Project Information
Inpex (Tokyo office) public relations, tel +81 3 5572 0233.
JGC Corporation, email ir@jgc.co.jp.
KBR, tel + 1 713 753 2000.
Chiyoda Corporation, tel + 81 45 521 1231, fax +81 45 503 0200.
Samsung Heavy Industry, tel +82 2 3457 7285.
General Electric corporate VP communications and public affairs Gary Sheffer, tel +1 203 373 3476 or email gary.sheffer@ge.com.
McDermott, tel +1 281 870 5000.
Heerema, tel + 31 71 579 9000 or fax +31 71 579 9099.
Sumitomo Corporate Communications Department, tel +81 3 5166 3100.
Saipem, tel +39 02 5201 or fax +39 02 520 44415.
Mitsubishi Heavy Industries, tel +81 45 200 6193, fax +81 45 200 7189.
Macmahon Holdings, tel +61 8 9232 1000 or fax +61 8 9232 1001.
John Holland, +61 8 8984 3322 or fax +61 8 8947 2175.
Aker Solutions senior VP investor relations, Lasse Torkildsen, tel +47 67 51 30 39 or email lasse.torkildsen@akersolutions.com.