Monadelphous bags Ichthys LNG contract extension

Australian engineering firm Monadelphous has secured contract extensions to continue to provide offshore services for the Inpex-operated Ichthys LNG project.

Monadelphous said in a statement on Thursday it has won both of the available two-year extensions to its long-term offshore maintenance services contract with Inpex Operations Australia, a unit of Japan’s Inpex.

According to Monadelphous, the new contract is worth about $350 million.

The original contract, which was secured in 2017, was for an initial period of six years with a further two two-year extension options.

Monadelphous said the scope of work includes operational, campaign and shutdown maintenance services, and brownfield projects implementation associated with the Ichthys CPF and the FPSO.

The Ichthys Explorer central processing facility and the Ichthys Venturer floating production storage and offloading facility are located in the Browse Basin some 450 kilometers from Broome, Western Australia.

Natural gas arrives to the LNG plant at Bladin Point from the giant Ichthys field via an 890 kilometers long export pipeline.

Inpex recently shipped the 500th cargo of LNG from its Ichthys terminal since the start of operations in 2018.

The facility located near Darwin has two trains and a nameplate capacity of 8.9 mtpa, but it is expected to reach a production of about 9.3 mtpa this year due to debottlenecking.

Ichthys LNG is a joint venture between operator Inpex and major partner TotalEnergies.

Also, other partners include Australian units of CPC, Tokyo Gas, Osaka Gas, Kansai Electric Power, Jera, and Toho Gas.

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