The Ichthys LNG Project: big, bold and beautiful

2013 ◽  
Vol 53 (2) ◽  
pp. 430
Author(s):  
Antoine Serceau
Keyword(s):  
Joint Venture ◽  
Oil And Gas ◽  
Capital Expenditure ◽  
Investment Decision ◽  
Weather Conditions ◽  
Subsea Pipeline ◽  
Central Processing ◽  
Pipeline Project ◽  
Construction Activity ◽  
New Construction

The Ichthys LNG Project is one of the most complex oil and gas developments attempted. It is three mega-projects in one: an onshore project, an offshore project, and a pipeline project. The onshore project is being developed in Darwin and involves two processing trains rated to produce a total of 8.4 million tonnes of LNG per year. Offshore, the central processing facility (CPF) will feature the world's largest semi-submersible platform. A substantial floating, production storage and offtake (FPSO) vessel, designed to hold more than one million barrels of condensate, will be stationed nearby. Both the CPF and FPSO will be permanently moored in an area notorious for cyclonic weather conditions and will be designed to withstand even the most extreme weather conditions for more than four decades. An 889 km subsea pipeline will link the Ichthys Field, 200 km off the Western Australian coast, to the onshore facilities in Darwin. This represents the longest subsea pipeline in the southern hemisphere and fifth longest in the world. A final investment decision for the project was announced in January 2012. This triggered intense construction activity and created hundreds of new construction jobs in Darwin and more globally. More than 4,000 direct jobs will be created at the peak of construction. An approved capital expenditure of $US34 billion by INPEX and the Ichthys Project joint venture participants shows a tremendous commitment to Australia. Since the discovery of the gas-condensate field in 2000, the Ichthys road has been one of identifying and overcoming geographical, political, technical, physical, financial, and commercial challenges. The Ichthys Project is a global effort, drawing on worldwide expertise to overcome these challenges and work towards first gas in late 2016.

Ichthys Project update

2014 ◽  
Vol 54 (2) ◽  
pp. 477
Author(s):  
Louis Bon
Keyword(s):  
Oil And Gas ◽  
Investment Decision ◽  
Weather Conditions ◽  
Central Processing ◽  
Production Platform ◽  
The Us ◽  
Pipeline Project ◽  
Construction Activity ◽  
New Construction ◽  
Western Australian

The US$34 billion Ichthys LNG Project is one of the most complex oil and gas developments attempted. It is effectively three mega-projects in one: an onshore project, an offshore project, and a pipeline project. The Ichthys Project represents: the largest semi-submersible platform in the world; the first semi-submersible production platform in Australia; the largest Japanese investment outside Japan; the largest single French investment in Australia; the biggest ever project financing; the longest subsea pipeline in the southern hemisphere; and, the second largest resource Project in Australia, by CAPEX. The onshore project is being developed in Darwin and involves two processing trains rated to produce a total of 8.4 million tonnes of LNG a year. Offshore, construction of the central processing facility (CPF) and floating, production storage, and off-take (FPSO) vessel is underway. Both facilities will be permanently moored and are designed to withstand the most extreme weather conditions for more than four decades. An 889-km pipeline will link the Ichthys Field, 200 km off the Western Australian coast, to the onshore facilities in Darwin. The project’s final investment decision was announced in January 2012. This triggered intense construction activity and created hundreds of new construction jobs in Darwin and more globally. Since the discovery of the gas-condensate field in 2000, the Ichthys journey has been one of identifying and overcoming geographical, political, technical, financial, and commercial challenges. The project is a global effort, drawing on worldwide expertise to overcome these challenges and work towards first gas in late 2016.

Early engagement with NOPSEMA

2014 ◽  
Vol 54 (2) ◽  
pp. 510
Author(s):  
Claude Cahuzac
Keyword(s):  
Joint Venture ◽  
Investment Decision ◽  
Good Communication ◽  
Central Processing ◽  
Processing Facility ◽  
Safety Case ◽  
Engagement Process ◽  
First Time ◽  
Voluntary Basis

The Ichthys LNG Project includes a central processing facility (CPF) that is the world’s largest semi-submersible platform. The Ichthys CPF is also the first semi-submersible in Australian waters. Given the novelty of the development concept, the complexity of the design, and the scale of the facilities, the Ichthys Project joint venture participants INPEX and Total wanted to gain a better understanding of what the Australian regulators would be looking for as part of the approval process prior to committing to a final investment decision (FID). On a voluntary basis, the project launched an early engagement with NOPSA (later NOPSEMA) in 2011 to review the design safety case for the CPF. This was the first time such an early engagement process had been undertaken by the regulator. A significant benefit of the early engagement process for both parties was good communication and feedback leading to the establishment of a mutually beneficial long-term relationship. The early engagement process identified no show stoppers at that stage. Feedback from the regulator was incorporated in the detailed engineering. The Ichthys Project considers that the early engagement process with NOPSEMA was positive and constructive. It contributed to an FID being taken in January 2012. INPEX continues to engage proactively with NOPSEMA.

A method of technical diagnostics for offshore structures

1994 ◽  
Vol 16 (2) ◽  
pp. 43-48
Author(s):  
Do Son
Keyword(s):  
Diagnostic Method ◽  
Joint Venture ◽  
Oil And Gas ◽  
Residual Life ◽  
Life Time ◽  
Offshore Structures ◽  
Technical Diagnostics ◽  
Offshore Platforms ◽  
South Vietnam ◽  
Local Destruction

This paper describes the results of measurements and analysis of the parameters, characterizing technical state of offshore platforms in Vietnam Sea. Based on decreasing in time material characteristics because of corrosion and local destruction assessment on residual life time of platforms is given and variants for its repair are recommended. The results allowed to confirm advantage of proposed technical diagnostic method in comparison with others and have been used for oil and gas platform of Joint Venture "Vietsovpetro" in South Vietnam.

scholarly journals Performance of an Advanced Intelligent Control Strategy in a Dynamic Positioning (DP) System Applied to a Semisubmersible Drilling Platform

2021 ◽  
Vol 9 (4) ◽  
pp. 399
Author(s):  
Mohamad Alremeihi ◽  
Rosemary Norman ◽  
Kayvan Pazouki ◽  
Arun Dev ◽  
Musa Bashir
Keyword(s):  
Oil And Gas ◽  
Weather Conditions ◽  
Dynamic Positioning ◽  
System Failures ◽  
Oil Drilling ◽  
System A ◽  
Advanced Control ◽  
Safety And Reliability ◽  
Drilling Operations ◽  
Shallow Seas

Oil drilling and extraction platforms are currently being used in many offshore areas around the world. Whilst those operating in shallow seas are secured to the seabed, for deeper water operations, Dynamic Positioning (DP) is essential for the platforms to maintain their position within a safe zone. Operating DP requires intelligent and reliable control systems. Nearly all DP accidents have been caused by a combination of technical and human failures; however, according to the International Marine Contractors Association (IMCA) DP Incidents Analysis, DP control and thruster system failures have been the leading causes of incidents over the last ten years. This paper will investigate potential operational improvements for DP system accuracy by adding a Predictive Neural Network (PNN) control algorithm in the thruster allocation along with a nonlinear Proportional Integral derivative (PID) motion control system. A DP system’s performance on a drilling platform in oil and gas deep-water fields and subject to real weather conditions is simulated with these advanced control methods. The techniques are developed for enhancing the safety and reliability of DP operations to improve the positioning accuracy, which may allow faster response to a critical situation during DP drilling operations. The semisubmersible drilling platform’s simulation results using the PNN strategy show improved control of the platform’s positioning.

Increasing the level of environmental safety of drilling sludge storages

2021 ◽  
Vol 6 (2) ◽  
pp. 102-109
Author(s):  
Liubomyr Poberezhny ◽  
◽  
Khrystyna Karavanovych ◽  
Volodymyr Chupa ◽  
Rostyslav Rybaruk ◽  
...  
Keyword(s):  
Soil Pollution ◽  
Oil And Gas ◽  
Environmental Safety ◽  
Oil Products ◽  
Oil And Gas Development ◽  
Oil And Gas Fields ◽  
Development Processes ◽  
New Construction ◽  
Drilling Sludge ◽  
Gas Fields

The main sources of soil pollution due to the development of oil and gas fields are analyzed. It is shown that the main sources of oil products entering the soil are sludge accumulators and drilling barns. A new construction of a drilling barn and a scheme of reclamation of the existing ones are proposed. The implementation of such developments will minimize the ingress of oil-containing fluids into the soil and increase the level of environmental safety of oil and gas development processes.

scholarly journals European Option Based R&D Investment Decision Making under Uncertainties

2015 ◽  
Vol 2015 ◽  
pp. 1-6
Author(s):  
Qing Miao ◽  
Boyang Cao ◽  
Minghui Jiang
Keyword(s):  
Decision Making ◽  
Research And Development ◽  
Joint Venture ◽  
Investment Decision ◽  
Optimal Investment ◽  
European Option ◽  
Project Investment ◽  
Research Joint Venture ◽  
Investment Decision Making ◽  
D Investment

This paper establishes the payoff models of the European option for research and development (R&D) projects with two enterprises in a research joint venture (RJV). The models are used to assess the timing and payoffs of the R&D project investment under quantified uncertainties. After the option game, the two enterprises can make optimal investment decision for the R&D project investment in the RJV.

scholarly journals Indemnity and Insurance Clauses in Joint Venture, Farmout and Joint Operating Agreements

1970 ◽  
Vol 8 (2) ◽  
pp. 210
Author(s):  
D.O. Sabey ◽  
J.L. Fingarson
Keyword(s):  
Joint Venture ◽  
Oil And Gas ◽  
Oil And Gas Operations

Many oil and gas operations conducted under a joint venture agreement are accompanied by liabilities for losses and damages, and parties to the joint venture look to the agreement to determine responsibility for such liabilities. The indemnity clause is a common contractual method of allocating liability. In addition to a contractual indemnification, the party being indemnified takes a covenant from the indemnitor that he will obtain insurance against the risk of liability. This article discusses the use of indemnity and insurance clauses in joint venture agreements and analyzes the problems which are most often encountered in the drafting of indemnity and insurance clauses in joint venture agreements.

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