Chevron Greenlights Gorgon LNG Expansion
Chevron Corp will proceed with the second stage of its giant Gorgon liquefied natural gas (LNG) export plant off the northwest coast of Western Australia, the company said on Saturday.Chevron and its joint venture partners plan to sink 11 new wells in the Gorgon and Jansz-Io fields and build offshore pipelines and subsea structures to pipe the gas to the nearby 15.6 million tonne a year LNG plant on Barrow Island.The $54 billion Gorgon project came on stream in March 2016 but suffered numerous unplanned shutdowns in its early stages.Chevron declined to put a cost on stage two of the project…
Chevron Strike Gas Offshore Western Australia
Natural gas deposits discovered in two locations by Chevron Australia's deepwater drilling exploration program in the Carnarvon Basin. The Pinhoe-1 exploration discovery well encountered approximately 197 feet (60 meters) of net gas pay in the Barrow and Mungaroo Sands. Pinhoe-1 is located in the WA-383-P permit area, located approximately 124 miles (200 kilometers) north of Exmouth off the Western Australia coast. The well was drilled in 3,048 feet (929 meters) of water to a total depth of 13,396 feet (4,083 meters). The Arnhem-1 exploration discovery well confirmed approximately 149 feet (45.5 meters) of net gas pay in the upper Mungaroo Sands. Arnhem-1 is in the WA-364-P permit area, located approximately 180 miles (290 kilometres) north of Exmouth off the Western Australia coast.
Fairstar Contracts For Gorgon LNG Project
Fairstar Heavy Transport NV (FAIR) has been awarded two transportation contracts by Chevron Australia Pty Ltd and Kellogg Joint Venture - Gorgon. The contracts were signed by representatives of both companies on May 31, 2010. Under the terms of the agreements, Fairstar will provide two of its Semi Submersible Heavy Transport Vessels for the transportation of modules and related project materials from various construction sites throughout Asia, to the Gorgon Project’s LNG Plant being constructed on Barrow Island off the northwest coast of Australia. The two contracts are for a minimum term of one year per contract and can be extended at the option of Chevron and Kellogg Joint Venture for an additional four month period.
Chevron, China Huadian Sign LNG Supply Deal
Chevron Corporation's wholly-owned subsidiary, Chevron U.S.A. Inc., has today signed a non-binding liquefied natural gas (LNG) supply Heads of Agreement (HOA) with China Huadian Green Energy Co., Ltd. When the agreement is finalized, China Huadian Green Energy is expected to receive up to 1 million metric tons per annum (MTPA) of LNG over 10 years starting in 2020. "This is an important step in the commercialization of Chevron's natural gas holdings in Australia and the establishment of our global liquefied natural gas portfolio…
Technip, Wheatstone Project Processing Platform
Technip has been awarded, by Chevron Australia Pty Ltd, a front end engineering design (FEED) contract for the offshore processing platform associated with the Wheatstone Project in Australia. The upstream (offshore) portion of the project comprises development of gas fields in the WA-17-R and WA-253-P petroleum titles located on the Northwest Shelf offshore Western Australia at water depths of 70 to 200 meters. Subsea gas gathering systems will transport production to the processing platform where the gas and condensate will be respectively dehydrated, dewatered, compressed and exported through a 200 kilometers export pipeline to the onshore gas plant located at Ashburton North, 12 kilometers west of Onslow, on the Pilbara coast of mainland Western Australia.
Chevron LNG Plan Advances
According to reports, Chevron Corp. cleared a hurdle in its quest to develop the multibillion-dollar Gorgon LNG project off Australia's western coast after agreeing to support environmental programs to protect a vulnerable species of turtle and other wildlife. The Gorgon venture, which is led by San Ramon-based Chevron, will provide about $26 million to conserve the flatback turtle, the state of Western Australia said. Four of the projects, including Gorgon, are overseas. The one domestic project among the top five is in the Gulf of Mexico, Cooper said. The cost of the project could range from $11.8b to $14.2 billion, according to published reports. Chevron owns 50 percent of the venture, and Shell and Exxon each have 25 percent.
Chevron, SK LNG Trading Ink Deal for LNG Supply
Chevron Corporation today announced its Australian subsidiaries have signed a binding Sales and Purchase Agreement (SPA) with SK LNG Trading Pte Ltd (SK). Under the SPA, SK LNG Trading, which is part of a leading industrial conglomerate in South Korea, will receive 4.15 million tons of LNG over a five-year period starting in 2017. During the time of this agreement, over 75 percent of Chevron’s equity LNG from Gorgon will be committed to customers in Asia. “This agreement is an important step in the commercialization of Chevron’s significant natural gas holdings in Australia…
Chevron Mulls LNG Supplies to China
Energy giant Chevron has signed a preliminary agreement with China's ENN LNG Trading company to supply liquefied natural gas (LNG) from its $54 billion Gorgon LNG project in Western Australia. Chevron plans to supply a unit of ENN Energy Holdings Ltd. with as much as 500,000 metric tons of LNG a year from Australia's largest gas project, Gorgon. It follows Chevron’s initial agreement in late December to sell as much as 1 million tons of LNG a year to China Huadian Green Energy Co.
J. Ray McDermott on the Gorgon Project
J. Ray McDermott, S.A. (J. Ray) announced that its subsidiary P.T. McDermott Indonesia (PTMI) has been awarded a contract by the Kellogg Joint Venture-Gorgon on behalf of Chevron Australia Pty. Ltd, operator of the Gorgon Project. The estimated value of the contract if the work is completed per contract terms is in excess of $150m. More than 60 pre-assembled racks and units with an estimated combined weight of approximately 25,000 tonnes will be constructed at J. Ray’s Batam Island fabrication facility in Indonesia. J. Ray will provide services for project management, fabrication engineering, procurement and material management, construction, commissioning assistance, quarantine compliance, loadout and seafastening.
Technip Awarded a Large Subsea Installation Contract in Australia
Technip has been awarded a subsea contract by Chevron Australia Pty. Ltd. for the Wheatstone Project, one of Australia’s largest resource projects. The contract, valued at approximately €245 million, covers the development of the Wheatstone and Iago fields, located in the Carnarvon Basin, offshore Northwestern Australia. This contract includes project management, design, fabrication and installation of subsea isolation valve; production tee protection structures, spools(1) and jumpers(2); transport and installation of manifold, foundation structures and pipeline; termination structures; and supply and installation of 41 kilometres of umbilicals. Technip’s operating center in Perth, Australia, will manage the overall project with engineering to begin immediately.
AOPL Wins Contract
Atwood Oceanics, Inc. announced that its wholly owned subsidiary, Atwood Oceanics Pacific Limited (AOPL), has been awarded a contract by Chevron Australia Pty. Ltd. to provide a newly constructed Mobile Offshore Semisubmersible Drilling Unit for a firm three year period, with an option to extend the firm period to six years. The contract provides for an operating dayrate of approximately $470,000, if the firm commitment is three years and approximately $450,000, if the option is exercised to extend the firm commitment period to six years. Both dayrates are subject to adjustment pursuant to cost escalation provisions of the contract. To provide the drilling rig required by this contract, AOPL has executed a construction contract with Jurong Shipyard Pte. Ltd.
Clough AMEC - Chevron Australia Contract
AMEC, an international engineering and project management company, announced that its Australian-based joint venture, Clough AMEC, has been awarded a contract by Chevron Australia Pty Ltd to provide engineering services for their oil production facilities at and . The facilities are located offshore , about 990 miles (1,600 km) north of . The value of the contract has not been announced. The scope of work for this contract is diverse and will be executed in a remote environment. It covers multi-discipline professional engineering studies, design and support services, commissioning, operation, and maintenance of onshore and offshore hydrocarbon extraction and processing facilities and associated pipelines.
AMSG Wins Contract to Upgrade Vessel Tracking
A contract to upgrade the ‘nerve center’ for shipping at the Barrow Island port proves the resources sector is continuing to fuel big opportunities for Australian firms. Australian Maritime Systems Group (AMSG) has been awarded a contract by Chevron Australia to design and install a new Vessel Tracking Service (VTS) system to manage shipping to and from the Chevron-operated Gorgon Project on Barrow Island, 60km off the north-west coast of Western Australia. AMSG Managing Director John Sugarman said the new Vessel Tracking System will utilize state-of-the-art radar and software systems.
Chevron and ENN Sign Gorgon LNG Agreement
Chevron Corporation announced that its Australian subsidiaries have signed a non-binding Heads of Agreement (HoA) with ENN LNG Trading Company Limited (ENN) for the delivery of liquefied natural gas (LNG) to China from the Chevron-operated Gorgon natural gas project in Australia. When the deal is finalized, ENN is expected to receive up to 0.5 million metric tons per annum (MTPA) of LNG over 10 years, with deliveries starting in 2018 or the first half of 2019. “This is one more step in the development of our Australian gas business and our global LNG portfolio…
Rhonda I. Zygocki Retires from Chevron
Chevron Corporation announced today that Rhonda I. Zygocki, executive vice president, Policy and Planning, has elected to retire from the company after 34 years of outstanding service effective Feb. 1, 2015. The company also said it is making new reporting assignments for several executives. "Over the course of her career, Rhonda made many significant contributions to our business and distinguished herself as one of our most versatile and proven leaders," said John Watson, Chevron's chairman and chief executive officer. Zygocki is a native of St. John's, Newfoundland, Canada. She began her career in petroleum engineering with Chevron Canada Resources in Calgary after graduating in 1980 from Memorial University of Newfoundland with a bachelor's degree in civil engineering.
Australia’s New Ship Simulation Center Opened
A new specialist Ship Simulation Center, based in Atwell Arcade, Fremantle, was officially opened on Thursday, February 9, 2017 by City of Fremantle Mayor Dr. Brad Pettitt. The Australia Ship Simulation Center, owned and operated by HR Wallingford, has moved into new premises from where it will continue to provide expert navigation consultancy and a dedicated pilot training center for Western Australia and the wider region. HR Wallingford UK’s Chief Executive, Dr. Bruce Tomlinson and Dr.
NWS Approve Persephone Project
participants have approved the Persephone Project off the north-west coast of Australia. The Persephone Project is the third major gas development for the NWS Project in the past six years, demonstrating the joint venture’s commitment to maximising the value of Australia’s largest operating oil and gas project. The project will involve a two well, 7km subsea tieback from the Persephone field to the existing North Rankin Complex. The total investment for the project is expected to be approximately A$1.2 billion (Operator’s estimate; 100% cost), with project start-up expected in early 2018. capabilities to unlock undeveloped resources and help maintain offshore supply to the Karratha Gas Plant.
J. Ray McDermott Awarded Australian Project
McDermott International subsidiary J. Ray McDermott, S.A. won a $77 million contract by Woodside Energy Ltd., operator of the North West Shelf Venture's LNG Phase V Expansion project in Australia. Under the contract, J. Ray will undertake construction engineering, procurement, fabrication, assembly and erection of 75 pre-assembled module and pipe rack units totaling nearly 22,000 short tons. Completed modules and pipe racks will be shipped from J. Ray's Batam Island, Indonesian fabrication facility to Western Australia, and transported to the Venture's LNG facilities on the Barrup Peninsula where the new LNG "Train V" is being constructed.
Sembcorp - LNG Carrier Longevity Contract
This contract signifies the first time that a major LNG operator has committed itself to a long-term longevity program to extend its vessels’ future trading life when the vessels progressively reach their 20th year in service. The contract, signed in by Mr. John Charles, Commercial Manager of North West Shelf Shipping Service Company Pty Ltd (NWSSSC) on behalf of IGTC, and Ms Wong Lee-Lin, Executive Director of Sembawang Shipyard Pte Ltd, is the first such contract of IGTC’s Longevity Project, which involves the life extension of 6 LNG carriers over a period of 6 years. Sembawang Shipyard is a subsidiary shipyard in the Sembcorp Marine Group.
Monadelphous Bags Shell FLNG Contract
The engineering group Monadelphous has won a $200 million Shell Australia contract on its Prelude floating LNG project off the Kimberley coast. The contract is for major, long-term maintenance and modifications services for the Prelude Floating Liquefied Natural Gas (FLNG) project in Browse Basin, 475km northeast of Broome in Western Australia. Monadelphous will provide maintenance, brownfield modifications and turnaround services to the LNG process plant, support utilities, hull and non-process infrastructure including accommodation and control rooms.
Sempra Energy to Build Liquid Fuel Terminal in Mexico
Sempra Energy announced that its Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), plans to develop, build and operate a receipt, storage and send-out liquid fuels marine terminal at the La Jovita Energy Hub in Ensenada, Mexico. With an expected investment of approximately USD 130 million, the new Baja Refinados liquid fuels terminal will have an initial storage capacity of 1 million barrels of gasoline and diesel that will increase the fuel supply capacity and reliability in Baja California.
Chevron: Relations CNOOC 'Normalizing'
Relations between Chevron and China's dominant offshore oil and gas producer CNOOC are 'normalizing' seven months after CNOOC bowed to U.S. political opposition and gave up its fight with Chevron to buy Unocal, as reported by Forbes. Chevron, the second-largest holder of oil and gas reserves in the east Asia-Pacific region after PetroChina, is looking to sell more gas to China as it develops its resources in Australia and Indonesia, the report in the Hong Kong paper said. CNOOC pulled its $18.5 billion bid for Unocal in August last year citing 'unprecedented political opposition' in the U.S. Chevron, which began doing business in China in the 1920s, has continuing partnerships with CNOOC in oil and gas production in offshore centres in China and Western Australia.
Chevron Ships First LNG From Gorgon Project
Chevron Corporation (NYSE: CVX) today announced that its first shipment of liquefied natural gas (LNG) from the Gorgon Project has departed Barrow Island off the northwest coast of Western Australia. The cargo will be delivered to one of Chevron's foundation buyers, Chubu Electric Power, for delivery into Japan. The Asia Excellence loading the first Gorgon liquefied natural gas (LNG) cargo for delivery into Japan. The first cargo highlights the company's growing leadership as an LNG supplier.