Chevron okays $4bn Jansz-Io Compression project
Chevron Corp on July 1 said it will proceed with the approximately $4bn Jansz-Io Compression (J-IC) project in Western Australia. Chevron Australia is the operator and a partner in the Gorgon joint venture.
A modification of the existing Gorgon development, J-IC will involve the construction and installation of a 27,000 metric ton floating field control station, approximately 6,500 mt of subsea compression infrastructure and a 135 km submarine power cable linked to Barrow Island. Construction and installation activities are estimated to take approximately five years to complete, Chevron said.
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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. “This will maintain an important source of clean-burning natural gas to customers that will enable energy transitions in countries across the Asia Pacific region.”
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, ExxonMobil, Shell, Osaka Gas, Tokyo Gas and Jera.