Ichthys LNG Project’s giant FPSO sails away
The INPEX-operated Ichthys LNG Project’s floating production, storage and offloading (FPSO) facility–Ichthys Venturer–safely sailed away yesterday evening from waters near its construction site in Okpo, South Korea en route to Australia.
![]() |
| Photo courtesy of INPEX. |
This follows the completion of commissioning and preparation work.
The 336-m long ship-shaped, offshore facility began the 5,600 km voyage that will take approximately one month to complete, from South Korea towards her ultimate destination in the Browse Basin, some 220 km off the north coast of Western Australia.
“Ichthys Venturer has a storage capacity of 1.12 MMbbl of condensate and will have a continuous operating life of 40 yr, setting new benchmarks for durability,” said Louis Bon, Managing Director Ichthys Project.
The facility will be permanently moored in 250-m deep waters, where it will undergo hook-up and commissioning, along with the Ichthys Explorer central processing facility (CPF), located 3.5 km away.
When operational, the FPSO will process and store condensate delivered from the Ichthys LNG Project’s CPF before periodically offloading this condensate to export carrier vessels.
- Freeport LNG export plant in Texas reports shutdown of liquefaction train
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- Five energy market trends to track in 2026, the year of the glut
- Venture Global wins LNG arbitration case brought by Spain's Repsol


Comments