Chevron, partners take FID on Jansz-Io compression project

A unit of US energy giant Chevron and the Gorgon LNG joint venture participants have taken a final investment decision on the $4 billion Jansz-Io compression project offshore Western Australia.

The Jansz-Io compression (J-IC) project will help gas recovery at the giant 15.6 mtpa Gorgon LNG project as the offshore field ages.

Nigel Hearne, Chevron Eurasia Pacific Exploration and Production president, said J-IC represents Chevron’s most significant capital investment in Australia since the sanctioning of the Gorgon Stage 2 project in 2018.

“Using world-leading subsea compression technology, J-IC is positioned to maintain gas supply from the Jansz-Io field to the three existing LNG trains and domestic gas plant on Barrow Island,” Hearne said.

Moreover, he said this would maintain an “important source of clean-burning natural gas to customers that will enable energy transitions in countries across the Asia Pacific region.”

A modification of the existing Gorgon development, J-IC will involve the construction and installation of a 27,000-tonne normally unattended floating field control station.

In addition, the work also includes installing approximately 6,500 tonnes of subsea compression infrastructure and a 135km submarine power cable linked to Barrow Island.

Chevron expects construction and installation activities to take about five years to complete.

J-IC follows the Gorgon Stage 2 project, which is nearing completion of the installation phase, to supply gas to the Gorgon plant from four new Jansz-Io and seven new Gorgon wells.

The Chevron-operated Gorgon project is a joint venture between the Australian subsidiaries of Chevron (47.333 percent), ExxonMobil (25 percent), Shell (25 percent), Osaka Gas (1.25 percent), Tokyo Gas (1 percent) and JERA (0.417 percent).

Most Popular

Excelerate buys GasLog LNG carrier

US FSRU player Excelerate Energy has purchased a 2007-built steam liquefied natural gas (LNG) carrier from GasLog Partners, a part of Greek LNG shipping firm GasLog, according to brokers.

NextDecade, Bechtel agree $9 billion EPC deals for two Rio Grande LNG trains

US LNG firm NextDecade and compatriot Bechtel have finalized EPC contracts worth $9.09 billion for the construction of the fourth and fifth trains and related infrastructure at the Rio Grande LNG facility in Texas.

Atlantic LNG shipping rates jump to $49,750 per day

Atlantic spot LNG shipping rates rose to $49,750 per day this week, while European prices also jumped compared to the previous week.

More News Like This

Chevron: Wheatstone LNG ships 1000th cargo

The Chevron-operated Wheatstone LNG plant in Western Australia has shipped its 1000th cargo of liquefied natural gas since 2017.

Chevron: production at first Wheatstone LNG train reduced due to maintenance

Production at the first liquefaction train of Chevron's Wheatstone LNG plant near Onslow has been reduced due to maintenance, a Chevron Australia spokesperson told LNG Prime on Tuesday.

Tokyo Gas to buy US shale gas stake from Chevron

Japan’s city gas supplier and LNG importer, Tokyo Gas, has agreed to buy a stake in a US shale gas development from energy giant Chevron.

Energy Transfer, Chevron ink long-term Lake Charles LNG deal

Energy Transfer LNG, has entered into a 20-year LNG sale and purchase agreement (SPA) with Chevron U.S.A., according to...