PERTH, Western Australia, 14 April 2018 – Chevron Australia and its joint venture participants today announced a decision to proceed with future offshore development at the Chevron-led Gorgon natural gas facility off the northwest coast of Western Australia.

Chevron Australia managing director Nigel Hearne said Gorgon Stage Two is part of the original development plan for Gorgon and includes the expansion of the subsea gas gathering network required to maintain long-term natural gas supply to the 15.6 million tonne per annum (MTPA) LNG plant and domestic gas plant on Barrow Island.

“Our world-class natural gas facilities have transformed Chevron into a leading and reliable supplier of cleaner-burning natural gas to customers in the region. Through ongoing collaboration, we need to invest in both the infrastructure and the local skills and capability required to maintain our long-term energy position and contribute to the jobs of the future,” said Hearne.

This planned future development phase at the Gorgon natural gas facility involves new wells in the Gorgon and Jansz-Io fields, and accompanying offshore production pipelines and subsea structures. The development fits within Chevron’s previously announced annual investment range of $18-20 billion through 2020.

“Benefits are expected to flow through to Australian industry, arising from local project management, drilling and completion activities and subsea infrastructure installation,” Hearne added. The Chevron-operated Gorgon Project is a joint venture between the Australian subsidiaries of Chevron (47.3 percent), ExxonMobil (25 percent), Shell (25 percent), Osaka Gas (1.25 percent), Tokyo Gas (1 percent) and JERA (0.417 percent).

Chevron is one of the world's leading integrated energy companies and through its Australian subsidiaries, has been present in Australia for more than 60 years. With the ingenuity and commitment of thousands of workers, Chevron Australia leads the development of the Gorgon and Wheatstone natural gas projects; manages its equal one-sixth interest in the North West Shelf Venture; operates Australia’s largest onshore oilfield on Barrow Island; and is a significant investor in exploration.

Contact: Kathryn Ackroyd  +61 (8) 9485 5344 (Perth)