Saipem hired for FEED services on Ichthys LNG

Italian oilfield services provider Saipem has confirmed a contract award to conduct booster compression module (BCM) front end engineering and design (FEED) services for the Inpex-operated Ichthys LNG energy development in Australia.

Saipem said on Wednesday it is planned to install the BCM onto the Ichthys Explorer central processing facility.

The scope of work comprises the BCM front end engineering and includes the option to provide a lump sum price to execute the full EPC scope from detailed design through to fabrication and load-out.

Saipem E&C Offshore Area Manager North Pacific/East Indian Ocean, Gianalberto Secchi, said: “This contract furthers our sustainable presence in this strategic market”.

In related news, McDermott has also recently been awarded a contract to provide FEED services for the Ichthys project.

The award is also for a booster compression module FEED with optional engineering, procurement and construction (EPC) for the project.

Located about 220 kilometres offshore Western Australia and 820 kilometres southwest of Darwin, the Inpex-operated Ichthys field covers an area of around 800 square kilometres in water averaging depths of around 250 metres.

It is a joint venture between Inpex group companies (the operator), major partner Total, and the Australian subsidiaries of CPC Corporation Taiwan, Tokyo Gas, Osaka Gas, Kansai Electric Power, JERA and Toho Gas.

A Final Investment Decision for Ichthys LNG was reached in 2012 and production started in July 2018.

The Ichthys field is estimated to contain more than 12 trillion cubic feet of gas and 500 million barrels of condensate.