Located almost 300 kilometers offshore in deep waters, the Browse gas project is intended to backfill the NWS as supply from existing fields declines. The capital expenditure for this offshore energy development could reach $25 – $30 billion between 2019 and 2063, based on energy analysts’ projections.
The addition of Browse will enrich Inpex’s Australian energy portfolio, which already includes Ichthys LNG , where it acts as operator, and participating interests in the Prelude FLNG, Darwin LNG , Van Gogh , and Ravensworth projects.