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Inpex News

 

INPEX Files $970M Claim Against DSME for Ichthys Venturer FPSO Work

Aug 10, 2022

Japanese oil and gas company INPEX has filed a $970 million claim against South Korean shipbuilder Daewoo Shipbuilding Marine & Engineering, seeking compensation for alleged delays and construction issues related to a 2012 FPSO order.DSME said…

Japan's Inpex Increases Full-year Profit Guidance on Stronger Oil, Gas Prices

Aug 08, 2022

Japan's biggest oil and gas explorer Inpex Corp on Monday lifted its full-year net profit forecast by 17% as strong prices of oil and natural gas boosted its first-half earnings while a weaker yen also lent support.A rapid recovery in demand…

Inpex, Australia's Northern Territory Gov't Sign Net-Zero Agreement

Jul 21, 2022

Japanese oil and gas company Inpex said Friday it had signed a statement of commitment to a net zero emissions future with the government of Australia’s Northern Territory, where the Ichthys LNG Project’s onshore gas liquefaction plant is located…

Inpex Plans Maintenance at Australia's Ichthys LNG from July 1 to Aug. 5

May 20, 2022

Japan's Inpex Corp plans to conduct scheduled maintenance at its Ichthys liquefied natural gas (LNG) plant in Darwin, Australia, from around July 1 to Aug. 5, a company spokesperson said on Friday.The company declined to comment on shipment plans during the maintenance period…

Japan's Inpex Boosts Annual Profit Outlook on Soaring Oil Prices. Shares Abadi Plans

May 11, 2022

Japan's biggest oil and gas explorer Inpex Corp raised its net profit forecast for 2022 by 20% to a record 300 billion yen ($2.3 billion) thanks to higher-than-expected oil prices and a lower yen against the U.S. dollar.Its annual net profit…

INPEX Starts Drilling Operation Offshore Japan

May 06, 2022

Japanese oil and gas company INPEX has started exploratory drilling operations offshore Japan.The company said that the drilling had started offshore Shimane and Yamaguchi prefectures in Japan on May 5, 2022.The project involves conducting exploratory…

EnerMech Lands 5-year Ichthys LNG Inspection and Maintenance Deal with INPEX

Apr 12, 2022

UK-based company EnerMech has won a five-year contract in Australia with Japanese oil and gas company INPEX  for the provision of inspection and maintenance services at Ichthys gas project.Under the contract, of an undisclosed value, EnerMech…

Five-year Charter: MMA Offshore's Platform Supplier Extends Stay at Inpex's Ichthys Field

Feb 10, 2022

Australian offshore support vessel operator MMA Offshore has secured a contract extension with Inpex for its MMA Brewster platform supply vessel.The contract, with Inpex's Australian subsidiary INPEX Operations Australia, is worth A$68 million (USD 48…

Japan's Inpex to Spend Up to $38B in Growth Areas Over 9 years

Feb 09, 2022

Japan's biggest oil and gas explorer Inpex Corp said on Wednesday it will invest up to 4.4 trillion yen ($38 billion) in growth areas over the next 9 years, 1 trillion of which will be spent on decarbonization areas including hydrogen and ammonia…

INPEX Books HAKURYU-5 Semi-submersible Drilling Rig for Japan Offshore Drilling Project

Jan 24, 2022

Japanese oil and gas company INPEX has hired the HAKURYU-5 semi-submersible drilling rig for operations in Japan.The Mitsubishi MD 501 propulsion-assisted semi-submersible drilling rig will be deployed offshore San-in, Japan. JDC did not share any details on the agreed day rate…

Inpex to Drill for Gas Offshore Japan

Jan 18, 2022

Japan's biggest oil and gas explorer Inpex Corp will conduct exploratory offshore drilling off western Japan from March to July in the hope of finding natural gas, the company and a ministry of industry official said.The project, off the Yamaguchi and Shimane prefectures…

Japanese Oil Firm Buys into Dutch Offshore Wind Farms

Dec 16, 2021

Japanese oil and gas company Inpex has agreed to enter a stock transfer agreement with Diamond Generating Europe B.V. a Dutch-registered subsidiary of Mitsubishi Corporation and acquire a 50% stake in the Luchterduinen offshore wind farm and…

D. R. Congo: Inpex Exits Offshore Block it Acquired in 1970

Oct 27, 2021

Japan-based oil and gas firm Inpex has said it has sold its stake in an offshore block in D. R. Congo, from which it produced oil since 1975. An expected significant decline in production is the reason for the sale, Inpex said.Inpex has sold its shares in Teikoku Oil (D…

Indonesia: Inpex to Delay FID for Abadi LNG Project

Aug 10, 2021

Japanese energy company Inpex Corp expects its final investment decision (FID) on the Abadi liquefied natural gas project in Indonesia to be delayed because COVID-19 has disrupted survey work and adjustments may be needed due to climate change…

V-shaped Recovery: Inpex Lifts Profit Guidance for 2021 by 40%

May 13, 2021

Japan's biggest oil and gas explorer Inpex Corp raised its net profit forecast for 2021 by 40% on Thursday thanks to higher than expected oil prices but left its capital expenditure plans unchanged so it can repay more debt.Inpex is now forecasting a net profit of 140 billion yen ($1…

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