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.
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.