Chevron doubtful about fourth train for Gorgon gas project

Chevron's Chief Financial Officer has casts doubts on the fourth train expansion of the Gorgon gas project. Patricia E. Yarrington said that the cost structure is different today than it was in 2009 when the first three trains were taken to final investment decision. She said the cost structure has “elevated” and that has put at risk some of Australia’s global competitiveness.

“From a Chevron standpoint, we are going to look at Train 4 and assess it under those new conditions and look at it relative to other opportunities in our portfolio. Obviously Gorgon Train 4 has certain brownfield advantages, but we need to take those advantages, lay in the new macro-conditions that we see in Australia, and take a look at the whole portfolio activity,” she said.

For existing construction work, Gorgon is 70% complete with 14 of the 21 LNG Train 1 process modules installed, three more in transit, and the remainder scheduled to follow rapidly.

Monadelphous wins $141 million Gorgon gas project maintenance contract

Monadelphous has won a one-year extension on the facilities management services contract associated with the Gorgon gas project. The contract extension, valued at approximately $141 million (AUD 150 million), is to continue the operation and maintenance of construction facilities and utilities on Barrow Island. This is the second 1-year extension to the original 3-year contract, which was awarded in November 2009. More than 200 people will continue to be employed under the contract.

Theiss wins $212m Gorgon gas project contract

Thiess has won a new contract worth $212 million for work on Chevron's $52 billion Gorgon project in Western Australia.
Thiess will deliver ‘miscellaneous civil works’ at the liquefied natural gas (LNG) project over the next two years under the new contract, it said today.
The company already holds contracts for other work at Gorgon and Chevron's Wheatstone LNG project, also in WA.

$US15 billion cost blowout at Gorgon gas project

The strong Australian dollar and extra logistics have caused a massive blowout in the cost of the Gorgon gas project.

DeepOcean wins Gorgon gas project trenching contract

DeepOcean UK has been awarded a trenching contract by Subsea 7 to carry out work on the Chevron-operated Gorgon gas project in Australia.

DeepOcean will be responsible for the project management, engineering and associated trenching works of approximately 70km of main umbilical for the Gorgon and Jansz-Io field developments.