Chevron Moves Wheatstone Closer to Commercialization


Wheatstone LNG Project
(Click to Enlarge)

Chevron has announced the award of a major front-end engineering and design (FEED) contract for the first phase of the Wheatstone natural gas development in northwest Australia.

Chevron awarded the contract for the first phase of the project -- which consists of two liquefied natural gas (LNG) processing trains each with a capacity of about 4.3 million tons per year and a domestic gas plant -- to Bechtel Oil, Gas & Chemicals, Inc. The facility will be supplied initially from Chevron's 100 percent interest in the Wheatstone Field and the Chevron-operated Iago Field.

The facility will be located at Ashburton North on the mainland of Western Australia.

"Awarding the contract moves the Wheatstone project a step closer to commercialization, assists in realizing our strategy of developing our large natural-gas resource base in Australia and further enhances our position as a leading supplier of LNG in the Asia-Pacific region and internationally," said George Kirkland, executive vice president, Global Upstream and Gas, Chevron Corporation.

"We are committed to moving forward our two big Australian LNG projects -- Wheatstone and the Gorgon development," Kirkland said.

Chevron expects to make a final investment decision on the Wheatstone project in 2011.

Discovered in 2004, Chevron's Wheatstone Field is located in the WA-253-P and WA-17-R permit areas in water depths of around 650 feet (200 meters). The adjacent Iago Field was discovered in 2000 and spans two retention permits, WA-17-R, which is wholly owned by Chevron Australia, and WA-16-R, which Chevron has a majority interest. Together, these fields hold enough natural gas to supply a two-train LNG development.
 

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
US Fort Lupton, CO: Tool Maintenance Technician I - III
Expertise: Mechanical Technician
Location: Fort Lupton, CO
 
United States Broussard: Senior Field Engineer - MWD/LWD
Expertise: Field Development
Location: Broussard, LA
 
Asset Integrity Manager
Expertise: Asset Management|Project Management|QA / QC / Inspection
Location: Pasadena
 
search for more jobs

Brent Crude Oil : $54.46/BBL 0.96%
Light Crude Oil : $51.68/BBL 1.21%
Natural Gas : $3.44/MMBtu 1.99%
Updated in last 24 hours