CB&I lands Ichthys deal

CB&I of the Netherlands has scooped a large deal from JKC Australia LNG to work on the giant Ichthys project off the north-west of the country.

The Dutch infrastructure giant is to do engineering, procurement and construction of non-cryogenic storage tanks for the project, as well as pre-commissioning.

The total deal value of over $80 million, CB&I said.

The Ichthys oil and gas project will have an initial production capacity of 8.4 million metric tonnes of LNG and 1.6 million metric tonnes of liquefied petroleum gas a year, as well as about 100,000 barrels of condensate a day at peak.

Japan’s Inpex owns a 66.07% operating stake in the project with Total on 30% and LNG buyers Tokyo Gas, Osaka Gas, Chubu Electric and Toho Gas splitting the remaining 3.93%.

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