INPEX boosts stake in Ichthys LNG Project with strategic acquisition

INPEX boosts stake in Ichthys LNG Project with strategic acquisition

In a strategic expansion of its energy portfolio, INPEX CORPORATION has announced plans to acquire a 1.575% participating interest in the Ichthys LNG Project from Tokyo Gas Co., Ltd. This acquisition, subject to approval by Australian government regulatory agencies, will elevate INPEX’s stake in the project from 66.245% to 67.82%. Enhancing INPEX’s Position in the […]

Gorgon Stage Two Development : Chevron Australia commences gas production

Gorgon Stage Two Development : Chevron Australia commences gas production

Chevron Australia and the Gorgon joint venture (JV) participants, announced the production of the first gas from the Gorgon Stage Two development located off the northwest coast of Western Australia. This milestone achievement marks a significant expansion of the existing subsea gas gathering network of the Gorgon Project, the largest single resource project in Australia’s […]

MidOcean Energy to buy Tokyo Gas’ stakes in four LNG projects in Australia for $2.15bn

MidOcean Energy to buy Tokyo Gas’ stakes in four LNG projects in Australia for $2.15bn

EIG-managed liquefied natural gas (LNG) company MidOcean Energy has signed an agreement with Tokyo Gas to acquire stakes of the latter in four integrated LNG projects in Australia for $2.15 billion in cash. The transaction includes the acquisition of Tokyo Gas’ interests in the Gorgon LNG project, the Ichthys LNG project, the Pluto LNG project, […]