The statement outlines INPEX's core commitments in Australia and was resolved by the company's Board of Directors at a recent meeting in Darwin in the Northern Territory, where
Ichthys LNG's onshore gas liquefaction plant is located.
Specifically, Scott highlights KBR's NASA awards, SENSE program offering "over $1B alone", four LNG projects, and LOGCAP-V opportunities, with added anticipated cash infusion coming from the company's
Ichthys LNG arbitration project in Australia that he expects to be used to pay down debt.
Also, the INPEX- led
Ichthys LNG Project has extended the AHTS Far Sword (2006, UT 712L, 16,000 BHP) contract with additional 17 months starting from 31 March 2018.
"The company's weakened profitability, combined with rising adjusted debt related to the company's major
Ichthys project, in turn will weaken its key credit metrics over at least the next 18-24 months and likely past this point," adds Chhaya.
(INPEX) announced that the INPEX-operated
Ichthys LNG project launched its central processing facility (CPF) on Sept.
Inpex Corp, Japan's biggest oil and gas developer, said the start-up of its
Ichthys liquefied natural gas (LNG) project in Australia would be delayed until July-September 2017, from end-2016 due to construction hold-ups.
Members of the Australian HSE team visited FES International's North East headquarters last month to present the award, which recognises excellence in health and safety performance in relation to their
Ichthys project.
The family-run company, which is based in Stockton, has produced 50 umbilical connectors for a storage vessel working on the
Ichthys project - the largest oil and gas development in Australia's Northern Territory.
Tokyo, Apr 4, 2014 - (JCN) - The INPEX-operated
Ichthys LNG Project has announced a major milestone for its Central Processing Facility (CPF).
Kansai Electric plans to use the two new vessels mainly for transporting LNG from the Australia Pacific LNG and
Ichthys LNG projects in Australia, the officials said.
(MHI) received an order for a 'Sayaendo' series new-generation liquefied natural gas (LNG) carrier to transport LNG procured by INPEX CORPORATION from the
Ichthys LNG Project* in Australia.