It’s been a rewarding and productive start to the year for INPEX, as the business enters its sixth year of operations in Australia.
Earlier this year, INPEX-operated Ichthys LNG celebrated the safe departure of the 500th LNG cargo. With each cargo departing to customers across the globe, economic and social benefits flow back to Australia – and INPEX supports the world’s growing demand for energy security.
As the business moves towards net zero emissions by 2050, Australia remains a focal point for INPEX and could play a critical role in the company’s decarbonisation strategy. Simply put, the focus is on decarbonising Ichthys LNG operations, while establishing the foundations for the next generation of clean fuels, including renewable energy.
As a socially responsible energy company, INPEX is focused on accelerating its response to climate change – including developing renewable energy projects, promoting innovative technologies and investing in its people and the communities in which it operates – for a brighter global future.
Hydrogen study – a collaborative approach
INPEX is conducting an 18-month market study, together with Santos, Xodus and the CSIRO, to explore the potential of a hydrogen market in Darwin. Importantly, this INPEX-led joint study has the potential to support Australia’s cleaner energy future by identifying hydrogen market opportunities in Darwin.
Having played an active role in the Australian business community for many years, INPEX is proud to be supporting the Northern Territory’s desire to develop a clean hydrogen value chain through this study.
Pictured at left – INPEX’s Lindsay Gerrard accepts the Women in Resources Outstanding Tradeswoman / Operator / Technician award from General Manager Onshore Operations, Dave Dann. Pictured at right INPEX General Manager NT, Stuart Knowles.
Carbon Capture and Storage
Carbon Capture and Storage (CCS) is a critical way forward for INPEX and a CCS Hub in Darwin is being considered with the support of the Australian and Northern Territory governments and CSIRO.
The INPEX-led Bonaparte CCS Assessment Joint Venture is currently appraising a large-scale greenhouse gas storage site, in the Petrel Sub Basin, 175 kilometres west of Darwin with extensive stakeholder consultations currently taking place to support this important work.
The International Energy Agency has made it clear that the world won’t get to net zero by 2050 without CCS. This offshore acreage has the potential to contribute to that important goal.
INPEX believes the Petrel Sub Basin could support one of the largest CCS projects in the world, not only for Ichthys LNG – but also for the next generation of clean fuels.
The geology expected in the basin is similar to that of the Sleipner Project in the Norwegian North Sea, which has been successfully and safely storing roughly a million tonnes of CO2 per annum for more than 25 years.
The optimism is shared by many others who have studied the basin including Geoscience Australia, which has identified this as one of the most promising basins in Australia for large- scale storage of CO2.
INPEX is also proud to be contributing to the CSIRO-led Low Emission Hub business case working together with Santos, Woodside Energy, Eni, Xodus and the Northern Territory Government.
Working with the community
INPEX values building strong relationships within the communities it works alongside. INPEX General Manager Northern Territory, Stuart Knowles, said the company couldn’t have developed such a successful energy development in the Northern Territory without the support of stakeholders, across every level of government, local businesses and the community.
“Around 600 Territorians are supporting our operations on a daily basis and as operator of Ichthys LNG, together with the Ichthys Joint Venture, we are proud to be contributing to positive outcomes in the Northern Territory, through jobs, training and social and economic benefits,” Stuart said.
“A big part of what we have achieved is a result of the fantastic people who work with us and I’m really proud of the culture we are fostering as a business.”
Recently, three Territorians working with INPEX were recognised for their exceptional work in both the Group Training NT Awards and the Women in Resources awards.
“I’d like to congratulate Corporate Affairs Advisor, Dianna Lee and Engineering Team Lead, Cordelia Mac on being recognised as finalists in the GTNT and Women in Resources (WiR) awards respectively, and Operations Technician, Lindsay Gerrard on winning the ‘Outstanding Tradeswoman / Operator / Technician’ category at the WiR awards.
“I’m personally very proud of these three incredible Territorians who have also given a lot back to their community through their work with INPEX in terms of volunteering and mentorship,” Stuart said.
