Public Relations Group, Corporate Communications Unit
Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo 107-6332 JAPANFebruary 17, 2017

INPEX-operated Ichthys LNG Project Holds Naming Ceremonies forOffshore CPF, FPSO Facilities
TOKYO, JAPAN - INPEX CORPORATION (INPEX) announced today that a doublecelebration was held today in South Korean shipyards with the naming of both offshore
facilities belonging to the INPEX-operated Ichthys LNG Project, following the completion ofconstruction of these facilities.
At Daewoo Shipbuilding and Marine Engineering (DSME) shipyard this morning, former
Chief Minister of the Northern Territory of Australia the Hon. Clare Martin officially named
the Project’s floating production, storage and offloading (FPSO) facility “Ichthys Venturer.”In the afternoon at Samsung Heavy Industries (SHI) shipyard, the Hon. Julie Bishop MP,
Australian Minister for Foreign Affairs officially named the Project’s central processing facility(CPF) “Ichthys Explorer.”

FPSO “Ichthys Venturer”

INPEX President & CEO Toshiaki Kitamura said Ichthys was one of the largest conventional
offshore gas development projects in the world.
“Our sincere thanks go to our facilities’ Godmothers, Ms. Martin and Ms. Bishop. On behalfof the Ichthys Joint Venture, INPEX is honored to have their involvement in this milestone
event and is most grateful for the support they have both shown the Ichthys LNG Project.
My thanks extend to all the teams and contractors who completed more than 60 million
man-hours of work to safely construct these remarkable, world-class facilities.”“Our Project’s two gigantic floating facilities will be located in the Ichthys Gas-condensate
Field, located about 220 kilometers offshore Western Australia, for 40 years of continuous
operation, setting new benchmarks for durability,” Mr. Kitamura said.
At 130 meters by 120 meters, the Ichthys Explorer is the world’s largest semi-submersible
platform. The Ichthys Explorer will receive well fluids from an intricate subsea gas gatheringsystem, located at a water depth of approximately 250 meters, within the Ichthys Gascondensate Field.
Most liquids will be transferred from the Ichthys Explorer to the 336 meter-long Ichthys
Venturer for offshore processing and condensate offloading.
Linking the massive Ichthys Explorer to the onshore production facilities is the longest
subsea pipeline in the Southern Hemisphere, 42 inches in diameter and 890 kilometers inlength.

About INPEX
INPEX CORPORATION is Japan’s largest exploration and production (E&P) company,
and a mid-tier E&P player just behind the world’s oil majors. INPEX is currently involved inapproximately 70 projects across more than 20 countries, including the Ichthys LNG
Project in Australia as Operator. Through sustainably growing its oil and gas development
business, INPEX aims to become a top class international oil and gas E&P Company andcontinue providing a stable and efficient supply of energy to its customers. For more
information, visit www.inpex.co.jp/english/index.html.
About the Ichthys LNG Project
The Ichthys LNG Project is a project led by INPEX (Operator, participating interest:62.245%) alongside major partner TOTAL (participating interest: 30%) and the Australiansubsidiaries of CPC Corporation Taiwan (participating interest: 2.625%), Tokyo Gas

(participating interest: 1.575%), Osaka Gas (participating interest: 1.2%), Kansai Electric(participating interest: 1.2%), JERA (participating interest: 0.735%) and Toho Gas(participating interest: 0.42%) that involves liquefying natural gas lifted from the Ichthys Gascondensate Field offshore Western Australia at an onshore gas liquefaction plant
constructed in Darwin, Northern Territory, and producing and shipping approximately 8.9
million tons of LNG and approximately 1.6 million tons of LPG per year, along withapproximately 100,000 barrels of condensate per day at peak. The Ichthys LNG Project is alarge-scale LNG project by global standards, and is expected to be operational over a periodof 40 years. In 1998, INPEX acquired an exploration permit in the block where the project islocated, and following development studies including exploration, evaluation and FEED work,
the company announced its final investment decision (FID) in January 2012.
Media Contact: INPEX Tokyo Office, Public Relations Group, Tel) +81-3-5572-0233