Annabelle Farmer March 1, 2021
Chevron Corporation [NYSE: CVX] closed the trading session at $106.07 on 07/02/21. The day’s price range saw the stock hit a low of $105.04, while the highest price level was $106.40. The company report on July 2, 2021 that Jansz-Io Compression Project to Proceed.
Project ensures long-term gas supply from Gorgon to customers in Australia and Asia.
Chevron Corporation (NYSE: CVX) announced that its wholly owned subsidiary Chevron Australia Pty Ltd. (Chevron Australia) as operator and the Gorgon joint venture participants will proceed with the approximately $4 billion (AU$6 billion) Jansz-Io Compression (J-IC) project.
The stocks have a year to date performance of 25.60 percent and weekly performance of -1.15 percent. The stock has been moved at 25.60 percent over the last six months. The stock has performed -1.41 percent around the most recent 30 days and changed 1.49 percent over the most recent 3-months.
Jansz-Io Compression Project to Proceed | Oil and Gas Technology oilandgastechnology.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilandgastechnology.net Daily Mail and Mail on Sunday newspapers.
- Chevron : Jansz-Io Compression project euro-petrole.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euro-petrole.com Daily Mail and Mail on Sunday newspapers.
Chevron to proceed with $4B Jansz-Io subsea compression project
Chevron announced that its wholly owned subsidiary Chevron Australia Pty Ltd. (Chevron Australia) as operator and the Gorgon joint venture participants will proceed with the approximately $4-billion (AU$6 billion) Jansz-Io Compression (J-IC) project.
Jansz-Io will be the first gas field outside Norway where the subsea compression technology comes to use. It is located around 200 kilometers off the Australian north-west coast at a water depth of approximately 1,350 meters (4,429 feet).
The J-IC Project objective is to unlock low pressure reserves from the Jansz-Io reservoir and maintain plateau production rates to the Gorgon Project facilities on Barrow Island (BWI).