Fugro bags Abadi LNG gig from Inpex

Dutch firm Fugro said it had secured a “significant” marine survey contract from a unit of Japan’s Inpex for the latter’s planned Abadi liquefied natural gas (LNG) project in Indonesia.

Under the deal with Inpex Masela, Fugro will perform geophysical and geotechnical surveys needed to support front-end engineering design for offshore production facilities, the submarine pipeline to the onshore LNG terminal, and CO2 injection infrastructure.

Geo-data will be acquired using Fugro’s deepwater autonomous underwater vehicle Echo Surveyor 8 and a robotic seafloor drill, deployed from Indonesian support vessels, according to Fugro.

Fugro expects to start work in the second quarter of 2024.

The firm did not provide the price tag of the contract.

The Inpex-operated project has seen many changes over the years and initially, the development of the Masela offshore block involved a floating LNG plant, while it now includes a 9.5 mtpa onshore LNG plant with an estimated cost of about $20 billion.

Inpex said in December 2023 it had received written approval for the revised plan of development for the Abadi LNG project, which includes a CCS component.

Prior to that, Shell completed the sale in October of its 35 percent stake in Indonesia’s Masela PSC, which includes the planned Abadi LNG project, to Pertamina Hulu Energi and Petronas Masela.

Indonesia’s Pertamina now owns a 20 percent stake and Malaysia’s Petronas has a 15 percent stake in the PSC.

Inpex holds 65 percent operating interest in Masela PSC and is the operator of the Abadi LNG project.

Most Popular

US sanctions four LNG carrier owners

The Department of State said in a statement on Wednesday that it continues to designate entities involved in the...

Shell CEO on 2025 LNG market outlook: ‘I don’t have a crystal ball’

Sawan was asked during Shell's third-quarter earnings call on Thursday if he could share his views on the 2025...

MOL’s large LNG carrier fleet expands

The Jaanpese shipping firm said in its results report it had 100 LNG vessels at the end of September...

More News Like This

Inpex restarts second Ichthys LNG train

"I can confirm that Train 2 restarted operations on October 9," the spokesman said. Inpex said on August 22 that the second...

Inpex to reduce output at first Ichthys LNG train due to inspections

"Train 1 is currently operating safely. However, as Train 1 is using the same equipment (heat exchangers) as Train...

Inpex says to restart second Ichthys LNG train in October

"Ichthys LNG’s Train 2 is scheduled to be restarted in October 2024," the spokesman said. Inpex said on August 22...

Inpex halts production at one Ichthys LNG train

"I can confirm that Train 2 at Ichthys LNG was temporarily halted on the evening of August 20," the...