| Contract area (block) | Project status | Venture company (established) | Interest owned (*Operator) |
|---|---|---|---|
| GHG Assessment Permit (G-7-AP) |
Under evaluation | INPEX Browse E&P Pty Ltd (Oct. 21, 2013) |
|
In 2022, INPEX acquired a 53 percent interest in the G-7-AP (Bonaparte) greenhouse gas assessment block off the northwestern coast of the Northern Territory of Australia. Viability assessment of safely and permanently storing carbon dioxide (CO2) deep underground is currently underway and if successful, injection is scheduled to commence from 2030. Given this acreage is expected to have a high CO2 storage capacity, we are considering accepting CO2 from both Ichthys LNG and third parties. We are committed to contributing to the realization of a low-emissions CCUS Hub* led by the Northern Territory Government, among other initiatives.
*
Commonwealth Scientific and Industrial Research Organisation (CSIRO) is leading the Development of the Low-emissions CCUS Hub business case, in collaboration with the Northern Territory Government, INPEX and other industry participants.
-
Drilling rig commissioned for appraisal wells
-
3D seismic survey vessel
'Image courteous of Shearwater Geoservices.'
