Chevron’s (NYSE:CVX) flagship carbon capture and storage (CCS) scheme, designed to catch emissions at the Gorgon liquefied natural gas (LNG) project offshore Australia, has operated at just over half its expected capacity in the previous financial year, according to the latest project update.
Subsea opportunities will be plentiful in Asia Pacific over the coming years as international oil companies (IOCs) and national oil companies (NOCs) advance a backlog of projects, while offshore wind developers accelerate activity across the region.
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) reported that it has won a contract worth 656.1 billion KRW ($553.4 million) from Chevron to build an offshore facility for the Jansz-Io gas field development offshore Australia.
EnerMech has appointed Garry Ford as regional director for Asia Pacific as the group looks to drive further growth and strengthen its existing oil and gas operations across the region.
Chevron (NYSE:CVX) has suspended production from Train 1 at its giant Gorgon liquefied natural gas (LNG) export plant in Australia since 16 November following the detection of a minor gas leak.
Carbon capture and storage (CCS) will play an important role in decarbonising liquefied natural gas (LNG), but the pace of progress remains too slow, writes Gavin Thompson, Asia Pacific vice chair, Wood Mackenzie.
Chevron has chosen Australian engineering company Worley to provide engineering and construction management services at the US giant’s recently sanctioned $4 billion Jansz-Io Compression (J-IC) project offshore Western Australia.
Baker Hughes will supply subsea compressions manifold technology for the Jansz-lo Compression (J-IC) project that will boost gas production at Chevron’s Gorgon project offshore Australia.
Chevron is receiving heavy flak and potential fines for failing to meet emissions reduction targets at its troubled carbon capture and storage (CCS) scheme that forms a crucial element of the Gorgon liquefied natural gas (LNG) export project in Australia. Its partners include Shell and ExxonMobil.
The Chevron-led Gorgon LNG venture in Australia will proceed with a $4 billion investment for the Jansz-Io compression development that will keep customers in Asia supplied with gas for decades. Significantly, the subsea compression project, needed to move the gas from the deep seas to shore, will be the first of its kind outside of Norway.
Chevron’s Gorgon liquefied natural gas plant shut a production train for about a month, at least the eighth outage since operations started 14 months ago at the most-expensive project in the company’s history.
Oil major Chevron said production remains suspended at its liquefied natural gas (LNG) Gorgon export facility in Australia following a gas leak nearly two weeks ago.
Oil major Chevron said it remains on track to load its second cargo from its Gorgon project in coming days following a gas leak that lead to an evacuation of workers.
Oil major Chevron said it expects to resume production from its Gorgon LNG project later this month after repairs were required at the massive plant after only one shipment.
Chevron’s chief executive has told Australia it must cut its operating costs if it wants to lift productivity and attract new investment in the energy sector.
Chevron Corp. temporarily halted output at its $54billion Gorgon liquefied natural gas project in Australia due to mechanical problems just two weeks after making the first shipment to Japan.