Ichthys LNG Facility
Ichthys LNG is ranked among the most significant oil and gas projects in the world. The energy development is a joint venture between INPEX group companies. It is one of the few energy projects worldwide to incorporate the whole chain of development and production: subsea, offshore, pipeline and onshore.
Due to the magnitude of the project, Inpex solicited TBH to peer review the procurement and contractual structures at EPCM. Our team individually packaged the contractor’s levels to ensure adequate selection and onboarding – this was achieved through our Transaction Management team’s in-depth understanding of procurement and contractual risk structures.
The Ichthys LNG Facility was delivered on time and with the effect of significant cost reductions and sustainable negotiated savings.
To find out more about TBH’s Transaction Management expertise, please visit the Transaction Management page.