Daewoo Shipbuilding constructs and launches the world's largest and most advanced FPSO.

2017-07-21 09:00

On July 18, Daewoo Shipbuilding's floating production, storage, and offloading vessel built for Japanese company Inpex oil tanker (FPSO) "Ichthys Venturer" officially departed for Australia.

Inpex confirmed on July 19 that the "Ichthys Venturer" had safely departed on Tuesday evening. The FPSO left Daewoo Shipbuilding's Okpo shipyard last weekend for final preparations, commissioning, and inspections in nearby South Korean waters before its departure.

Louis Bon, General Manager of the Ichthys Project, stated that the "Ichthys Venturer" is designed to withstand hurricane conditions and is one of the world's largest and most advanced FPSOs. This FPSO can store 1.12 million barrels of condensate and operate continuously for 40 years, setting a new benchmark for FPSO lifespan.

The "Ichthys Venturer" will be towed to the Ichthys field in the Timor Sea, approximately 220 kilometers from the west coast of Australia. The entire voyage is about 5,600 kilometers, and the tow is expected to take one month. Upon arrival at its destination, the FPSO will be moored underwater at a depth of 250 meters for connection and commissioning.

The "Ichthys Venturer" is 336 meters long and 59 meters wide. Once operational, it will process and temporarily store condensate produced by the Ichthys Project's Central Processing Facility (CPF) "Ichthys Explorer," regularly offloading the condensate to buyer's tankers.

The "Ichthys Explorer" processing platform was built by Samsung Heavy Industries, delivered in April this year, and arrived at the Ichthys field on May 29 after a 34-day tow. It has completed mooring and is currently undergoing connection and commissioning work.

It is understood that the FPSO was originally scheduled for delivery in 2015. However, sources revealed that cracks in the "Ichthys Venturer" turret equipment led to delivery delays and increased costs. A source stated that Inpex recently hired up to 300 welders to resolve the issue, and many sources believe that equipment cracks were the primary reason for the delayed delivery.

The Ichthys field, located in the Browse Basin in Western Australia, is estimated to hold approximately 12 trillion cubic feet of natural gas and over 500 million barrels of condensate, and is expected to commence production next year.

BoComm Leasing orders an additional 6 product tankers from a Korean shipyard

What is the intention behind CSIC's pioneering pawnshop?

COOKIES

Our website uses cookies and similar technologies to personalize the advertising shown to you and to help you get the best experience on our website. For more information, see our Privacy & Cookie Policy

COOKIES

required

These cookies are necessary for basic functions such as payment. Standard cookies cannot be turned off and do not store any of your information.

analyze

These cookies collect information, such as how many people are using our site or which pages are popular, to help us improve the customer experience. Turning these cookies off will mean we can't collect information to improve your experience.

Feature

These cookies enable the website to provide enhanced functionality and personalization. They may be set by us or by third-party providers whose services we have added to our pages. If you do not allow these cookies, some or all of these services may not function properly.

advertise

These cookies help us understand what you are interested in so that we can show you relevant advertising on other websites. Turning these cookies off will mean we are unable to show you any personalized advertising.

WeChat Official Account

Video account

Douyin account

Business License