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Allens advises on Ichthys Project deal

Allens advises on Ichthys Project deal

Allens has advised international oil and gas exploration and production company INPEX Corporation.

Allens has advised international oil and gas exploration and production company INPEX Corporation on the sale of part of its interest in the up- and downstream arms of the Ichthys Project and associated exploration interests, to Osaka Gas, Toho Gas and Tokyo Gas.

The Ichthys Project is the largest oil and gas development in the Northern Territory and will deliver significant social and economic benefits to the Territory and Australia.

According to energy and resources partner Igor Bogdanich, who led the Allens team on the transaction, INPEX's Australian operations, together with its major projects elsewhere in Asia, now form a substantial part of its business.

Partner Tim Lester, who leads the firm's Japan practice and INPEX relationship, said Allens lawyers have strong relationships with their INPEX colleagues.

 

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