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Chevron to proceed with $4B Jansz-Io subsea compression project


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). ....

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CME welcomes $6 billion Chevron investment decision


Date Time
CME welcomes $6 billion Chevron investment decision
The Chamber of Minerals and Energy of WA (CME) welcomes today’s announcement by Chevron of a $6 billion investment in subsea compression technology that will help ensure the Gorgon project continues to supply gas to customers in WA and Asia for decades to come.
The final investment decision by Chevron Australia and its joint venture participants will help maintain long-term supply from the Jansz-lo gas field and will enable the future tie-in of other fields within the Greater Gorgon Area.
It would be the biggest capital investment by Chevron Australia since Gorgon Stage 2 in 2018. ....

Paul Everingham , Chevron Australia , Greater Gorgon , Gorgon Stage , Gorgon Project , Executive Paul Everingham , பால் ஏவேறிங்கம் , செவ்ரான் ஆஸ்திரேலியா , நிர்வாகி பால் ஏவேறிங்கம் ,