Ichthys Gas Field Development Project
Corrs is advising the majority shareholder, INPEX Browse Ltd, on the $24 billion Ichthys Gas Field Development project, representing the largest ever initial investment in an Australian resources project. A final investment decision on the project is expected by the end of 2011.
Corrs has worked with Inpex on various aspects of the project including the Onshore Front-End Engineering Design (FEED) contract. Throughout, Corrs’ role has involved clearly assessing potential legal, regulatory, construction and procurement issues and devising effective structures and contracts to mitigate potential risks.