KBR declared recently that it has entered into a formal agreement for engineering, procurement and construction (EPC) activities on the Northern Australia-based Ichthys LNG Project, with JKC JV, a joint-venture between Chiyoda and JGC Corporations.
The US$15 B worth EPC contract was signed by JKC JV partners, along with Total and INPEX, the owners of the Ichthys LNG Project.
The Ichthys LNG Project is a partnership between 76% of INPEX and 24% of Total operators. From about 200 km offshore of Western Australia, gas from the Browse Basin-based Ichthys Field will be subjected to preliminary processing offshore in order to eliminate extract condensate and water. Following the removal, a subsea pipeline of 889 km will be employed, through which the gas will be exported to onshore processing facilities in Darwin. In addition to 100,000 barrels of condensate per day at peak, the Ichthys Project is estimated to generate 1.6 MTPA of LPG and 8.4 MT of LNG.
KBR President for Gas Monetization, Mitch Dauzat says that this project, in association with Total and INPEX will result in producing one of the massive LNG facilities. This idealistic project, through community development and economic growth will benefit Australia and through a long-term supply of cleaner energy will be advantageous to Japan. This renowned project’s major operation is carried out by KBR.
KBR is a construction, engineering, and services company. It is well-established and benefits several markets including government services, civil infrastructure, energy, hydrocarbon, power, and minerals, commercial and industrial markets.
Source: http://www.kbr.com/