Public Relations Group, Corporate Communications Unit
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7 July 2014

INPEX Launches Hull of Floating Production, Storage and Offloading (FPSO)
Facility for Ichthys LNG Project
Tokyo, Japan - INPEX CORPORATION (INPEX) announced today it launched the hull of thefloating production, storage and offloading (FPSO) facility for the INPEX-operated Ichthys
LNG Project from the dry dock at the Daewoo Shipbuilding and Marine Engineering (DSME)
shipyard in Okpo, South Korea.
The launch on Sunday, 6 July, saw the 336-metre-long hull – equivalent to more than threesoccer fields in length – floated out of the dry dock and positioned quayside whereconstruction will continue.
Ichthys LNG Project offshore Director Claude Cahuzac said the milestone was an impressive
achievement, with an enormous amount of work carried out since the FPSO’s keel laying
ceremony.
“Pre-fabricated blocks weighing around 60,000 tonnes in total have been lifted into the drydock and assembled to create the full-size FPSO hull we see on the water today,” Mr Cahuzacsaid.

FPSO hull launch at Okpo, South Korea“While the hull is now at its full length from stern to bow and floating, it does not mean theFPSO is complete. We still have some work to do to complete the hull, and even more for theentire FPSO, including the fabrication and integration of the topsides, living quarters and ournext major milestone – the installation of the turret, which is currently under construction inSingapore.”

The FPSO will be moored about 3.5 kilometres from the Ichthys LNG Project’s Central
Processing Facility (CPF). It will process and store condensate from the CPF and periodicallyoffload stabilised condensate to shuttle carriers for export directly to market.
The 336 m by 59 m FPSO is designed to hold more than one million barrels of condensate
and will have the capacity to accommodate a workforce of up to 200 people.
Once complete, the facility will be towed 5,600 km to the Ichthys Field in the Browse Basin,
offshore Western Australia, where it will be permanently moored to the seabed for the life ofthe Project.
The Ichthys LNG Project recently celebrated its most significant construction milestone to dateafter officially marking 50 per cent completion on 25 June 2014.

About INPEX
INPEX CORPORATION is a worldwide oil and gas exploration and production company
based in Tokyo, Japan, with more than 70 active projects across 27 countries. Since 1966,
INPEX has been growing steadily, from its core business areas in Australia and Indonesia tothe Middle East, the Caspian Sea region, the Gulf of Mexico and North and South America.
For more information, visit www.inpex.co.jp/english/index.html.
About the Ichthys LNG ProjectThe Ichthys LNG Project is a Joint Venture between INPEX group companies (the Operator),major partner TOTAL and the Australian subsidiaries of Tokyo Gas, Osaka Gas, Chubu
Electric Power and Toho Gas. Gas from the Ichthys Field, in the Browse Basin offshore
Western Australia, will undergo preliminary processing offshore to remove water and raw
liquids, including condensate. The gas will then be exported to the onshore processing
facilities in Darwin via an 889 km pipeline. The Ichthys LNG Project is expected to produce 8.4
million tonnes of LNG and 1.6 million tonnes of LPG per annum, along with approximately
100,000 barrels of condensate per day at peak.

Detailed Engineering, Procurement andConstruction (EPC) of the Ichthys LNG Project is ongoing and production is scheduled tocommence by the end of 2016. With an expected operational life of at least 40 years, theIchthys LNG Project offers rare multi-generational opportunities to communities, economies,businesses, energy markets and its workforce.
Media Contact: INPEX Tokyo Office, Public Relations Group, Tel) +81-3-5572-0233