KBR said its JKC joint venture with JGC Corp. and Chiyoda Corp. has signed the formal contract for engineering, procurement and construction (EPC) activities on the Ichthys LNG project in northern Australia.
The venture partners signed this EPC contract, valued at $15 billion, with Ichthys LNG project owners INPEX and Total.
The Ichthys LNG project is a joint venture between INPEX (76%, the operator) and Total (24%).
Gas from the Ichthys field in the Browse Basin, approximately 200 kilometers 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 kilometer subsea pipeline.
The Ichthys project is expected to produce 8.4 million tpyof LNG and 1.6 million tpy of LPG, along with approximately 100,000 bpd of condensate at peak.
We are pleased to support INPEX and Total in delivering what will be one of the worlds largest LNG facilities, said Mitch Dauzat, president of gas monetization for KBR.
This is a visionary project that will bring benefits both to Japan, through a long-term supply of cleaner energy, and to Australia, through economic growth and community development, he added. We are excited to have the opportunity to play a key role in this world-class project.