In addition to working alongside its project partners as operator of
Ichthys LNG, INPEX is currently engaged in various oil and natural gas developments in Australia.
Reportedly, McDermott's Australia has also awarded two AHTS vessels contracts to assist with the mooring operations of the INPEX-led
Ichthys LNG Project's Central Processing Facility and FPSO.
The negative outlook reflects the current difficult operating environment for the company and execution risk still remaining on the
Ichthys project.
Noting that the operation was completed in just two days, Managing Director of
Ichthys LNG project Louis Bon said, "The CPF is now berthed quayside at the shipyard where work is continuing to lift and install the living quarters and integrate and commission all equipment in preparation for the CPF's sail away."
The connectors made by Francis Brown for the
Ichthys project in Australia's Northern Territory
The ceremony was attended by INPEX president Director Australia Seiya Ito and
Ichthys Project Managing Director Louis Bon.
Kansai Electric has a 20-year supply agreement to import 1 million mt/year of coalbed methane-based LNG from the APLNG project from 2016, and it has a 15-year contract to buy 800,000 mt/year of LNG from 2017 from the
Ichthys project, both on a FOB basis.
* The
Ichthys LNG Project is a joint venture between INPEX CORPORATION of Japan (operator of the project) and Total S.A.
Moody's considers the
Ichthys and Abadi LNG projects as particular points