Sep. 2012 - Chevron continues a successful run in the Greater Gorgon area offshore Western Australia with the announcement of positive results from the Satyr-2 exploration well. The company has confirmed that the well intercepted a net gas column of 128 feet. Satyr-2 was drilled to a depth of 12,454 feet by the Atwood Eagle (DW semisub) in permit WA-374-P. This marks Chevron's fifteenth discovery in Australia since mid-2009. Chevron's Gorgon natural gas project is the largest of almost a dozen terminals planned or under construction along the country's coast.

Jul. 2012 - Chevron has made a natural gas discovery in the Greater Gorgon area of the Carnarvon Basin, offshore Western Australia. The Pontus-1 exploration well encountered approximately 97 feet (30 meters) of net gas pay. The well is located in the WA-37-L permit area in the Greater Gorgon Area gas fields, approximately 40 miles (65 kilometers) northwest of Barrow Island. The well was drilled in 690 feet (210 meters) of water to a total depth of 16,581 feet (5,054 meters). Chevron Australia is the operator of WA-37-L and holds a 47.3% interest in the permit. Exxon Mobil and Shell Development Australia both hold 25%, Osaka Gas holds 1.25%, Tokyo Gas holds 1% and Chubu Electric Power holds approximately 0.42%.

Jul. 2012 - GE Oil and Gas has been awarded a $600 million service contract to maintain the compressor trains and associated equipment at Chevron's Gorgon LNG project off the northwestern coast of Australia. Under the 22-year agreement, GE will provide Chevron with scheduled maintenance, monitoring and diagnostics of the installed equipment and access to local engineers. GE will also manage inventory and supply initial spare components. GE's first contract performance manager will start working in Perth in October 2012.

Jan. 2012 - Chevron has successfully appraised the Satyr-3 well in the Exmouth Plateau area of the Carnarvon Basin, offshore Western Australia. The Satyr-3 well encountered about 243 feet (74 meters) of net gas pay. Satyr-3 reached a depth of 13,369 feet (4,075 meters) in a water depth of 3,688 feet (1,124 meters) by the Atwood Eagle (DW semisub). The well is located 113 miles (182 kilometers) north of Exmouth in the WA-374-P permit area.

Jul. 2011 - Chevron awarded Subsea 7 a contract for the Gorgon project offshore Western Australia. The work scope includes installation and tie-in of heavy lift structures in the Gorgon and Jansz fields, in a water depth of up to 4,429 feet (1,350 meters). The project scope includes engineering, spools fabrication, transportation, installation and pre-commissioning of 20 subsea structures and foundations; 15 heavy spools; 48 tie-in spools; 39 electrical and 18 hydraulic flying leads; and 5 infield umbilicals and 2 associated distribution units. Project management and engineering will commence immediately with offshore operations scheduled to commence in 2013. The Gorgon natural gas project is operated by Chevron with a 47% interest. Partners in the project include Exxonmobil (25%), Shell (25%), Osaka Gas (1.25%), Tokyo Gas (1%), and Chubu Electric Power (.417%).

Jul. 2011 - Chevron awarded Subsea 7 a contract, worth nearly US $80 million, for the Gorgon project, offshore Western Australia. The work involves the transportation and installation of subsea umbilicals and structures from Barrow Island - 35 miles (56 kilometers) off the northwest coast of Western Australia, to the Gorgon and Jansz fields. The Gorgon and Jansz umbilicals are 37 miles (59 kilometers) and 84 miles (135 kilometers) in length, respectively and will be installed in water depths of up to 4,429 feet (1,350 meters). Project management and engineering will commence immediately with offshore operations scheduled to commence in early 2013. The Gorgon natural gas project is operated by Chevron with a 47% interest. Partners in the project include Exxonmobil (25%), Shell (25%), Osaka Gas (1.25%), Tokyo Gas (1%), and Chubu Electric Power (.417%).

Jul. 2011 - Chevron Australia awarded CB&I a contract for the mechanical, electrical and instrumentation work on the Gorgon project on Barrow Island, Western Australia. The work scope includes the structural, mechanical, piping, electrical, instrumentation and commissioning support for the construction of three LNG trains (with a total volume of 15 million tones per annum), including associated utilities and a domestic gas processing and compression plant. The contract, worth an estimated US $2.3 billion, is scheduled for completion in 2015. CBI Kentz JV, a joint venture between CB&I and Kentz, will perform the work. The project will develop the Greater Gorgon gas fields, located between 81 miles (130 kilometers) and 124 miles (200 kilometers) off the northwest coast of Western Australia. Chevron is the operator of the project, holding a 47% interest.

Jun. 2011 - Chevron announced that the Atwood Osprey semisub has arrived in Australia to commence drilling and completion operations for the company. The rig will complete a queue of development wells as part of the Gorgon project. Gorgon is slated to commence production in 2014. The development is located about 43 to 87 miles (70 to 140 kilometers) off the northwestern coast of Western Australia. Chevron is the operator of the project, holding a 47% interest.

May. 2011 - Chevron Corporation has signed a Sales and Purchase Agreement with JX Nippon Oil and Energy Corporation for a portion of Chevron's offtake of LNG from the Gorgon project. Under the binding agreement, JX Nippon Oil and Energy will receive .3 million tons per annum (MTPA) of LNG for 15 years. Gorgon is under development and slated to commence production in 2014. The development is located about 43 to 87 miles (70 to 140 kilometers) off the northwestern coast of Western Australia. Chevron is the operator of the project, holding a 47% interest.

Feb. 2011 - Chevron has made an additional discovery in the Orthrus-2 well located in the WA-24-R permit area in the Carnarvon Basin offshore Western Australia. The well was drilled to a total depth of 14,098 feet (4,297 meters). Combining both appraisal and exploration objectives, the well encountered nearly 243 feet (74 meters) of net gas pay, of which 102 feet (31 meters) of net gas pay was encountered in a deeper, previously unexplored target interval in the Orthrus field. Chevron is the operator of WA-24-P and holds a 50% interest, while Mobil Australia Resources Company holds 25%, Shell Development and BP Exploration each hold a 12.5% interest.

Dec. 2010 - Chevron and Clough Sea Trucks Joint Venture have entered into an agreement for the domestic gas scope of work on the Gorgon Project. The US $300 million contract includes transporting and installing about 56 miles (90 kilometers) of 20-inch pipeline, both offshore and onshore, from Barrow Island to the Dampier Bunbury Natural Gas Pipeline. Clough will manage the project and oversee installation engineering, including HSE quality and quarantine management, from their headquarters in Perth. Engineering and procurement will begin immediately with site works to start and end in 2012.

Oct. 2010 - McDermott was awarded a contract from Vetco Gray Australia Pty Limited for the fabrication of subsea structures and spools for the Gorgon Upstream Project. The scope of work involves the fabrication of various eight-slot, six-slot and four-slot manifolds, including pipeline termination structures, pipeline end terminations, spools, well jumpers, and subsea pig launchers/receivers. Work is scheduled to commence later this year, with completion expected in the last quarter of 2012. The Gorgon project is located about 43 to 87 miles (70 to 140 kilometers) off the northwestern coast of Western Australia.

Jun. 2010 - AGR Drilling Services signed a contract with Van Oord to provide excavation services for the Gorgon Project. The work will utilize the ClayCutter X as the primary excavation tool on the subsea escarpment off the NW Australian coast. By performing the excavation, the Gorgon pipeline can be laid directly to shore. Work should be completed in early 2011. Located about 43 to 87 miles (70 to 140 kilometers) off the northwestern coast of Western Australia in the Carnarvon Basin and on the Northwest Shelf, the Greater Gorgon area incorporates a number of gas fields in waters ranging from 722 to 4,265 feet (220 to 1,300 meters).

May. 2010 - The Kellogg Joint Venture-Gorgon on behalf of Chevron Australia, operator of the Gorgon Project, awarded J. Ray McDermott a contract to construct more than 60 pre-assembled racks and units with an estimated combined weight of roughly 27,558 tons (25,000 tonnes). J. Ray will provide services for project management, fabrication engineering, procurement and material management, construction, commissioning assistance, quarantine compliance, load out and sea fastening. The completed pre-assembled structures will be installed as part of the LNG plant currently under construction on Barrow Island. Work is expected to start in the fourth quarter of 2010, with project completion after two years. Located about 43 to 87 miles (70 to 140 kilometers) off the northwestern coast of Western Australia in the Carnarvon Basin and on the Northwest Shelf is the Greater Gorgon project.

Mar. 2010 - Aker Solutions received a contract from Chevron to supply 164 miles (264 kilometers) of steel tube umbilicals and associated equipment for the development of the Gorgon project. The steel tube umbilicals will connect the project's subsea production system to an onshore LNG plant on Barrow Island. The equipment will be delivered in 2Q12. Gorgon, operated by Chevron (50%), is located about 43 to 87 miles (70 to 140 kilometers) off the northwestern coast of Western Australia.

Mar. 2010 - BJ Services received a US $80 million contract from Chevron to provide pipeline precommissioning services for the Gorgon project. The engineering and planning phase of the project commenced in January, and the first mobilization is scheduled for 4Q10. Gorgon is located off the northwestern coast of Western Australia in the Carnarvon Basin and on the Northwest Shelf in water depths ranging from 722 to 4,265 feet (220 to 1,300 meters). Chevron serves as the operator of the project.

Mar. 2010 - Adding to a previous award that GE Oil and Gas received in October 2009 to provide Gorgon's LNG refrigeration and CO2 re-injection components, GE received an additional contract to supply five 130 MW Frame-9 Gas Turbines in a modularized solution to meet the power needs of Barrow Island's gas treatment and liquefaction facilities. The Frame-9 turbines will be shipped to Australia between July 2012 and mid-2013. The Greater Gorgon project is located in the Carnarvon Basin offshore Western Australia, and Chevron serves as the operator.

Jan. 2010 - A third gas discovery was made in the Greater Gorgon Area in the Carnarvon Basin offshore Western Australia. The ENSCO 7500 semisub drilled the Yellowglen-1 discovery well to a total depth of 9,050 feet (2,760 meters), encountering a gas column of nearly 450 feet (137 meters). Yellowglen is located in the WA-268-P permit area roughly 150 miles (250 kilometers) northwest of Onslow. Chevron serves as the operator, holding a 50% interest; Shell holds a 25% interest; and ExxonMobil holds the remaining 25% interest.

Jan. 2010 - Chevron and Kyushu Electric Power Company signed an agreement for the delivery of LNG from the Gorgon and Wheatstone projects. Under the agreement, Kyushu expects to receive 0.3 million tons per annum (mtpa) of LNG for 15 years from the Gorgon project and plans to purchase 0.7 mtpa of LNG from the Wheatstone project for 20 years. The agreement also calls for Kyushu Electric to acquire 1.83% of Chevron's equity share in the Wheatstone field and a 1.37% share in the onshore processing facilities. Combined with its equity stake in production, Kyushu will take 0.8 mtpa of LNG from the Wheatstone project. Construction of the Gorgon project started in the second half of 2009 and first gas is planned for 2014. The Wheatstone project started the FEED phase in July 2009, and a final investment decision is expected in 2011.

Jan. 2010 - Neptune Marine received a contract to provide diving, survey and vessel support services for Chevron's Gorgon LNG project. Slated to begin this month, Neptune's work scope forms part of the Gorgon initial works program awarded to Marine and Civil Construction. The program includes the installation of piping and the offshore pump station associated with the temporary desalination plant at Barrow Island, and diving support for the construction of a new supply barge facility. Neptune will also provide provision of: construction support and dive support of vessels and associated crews; offshore diving systems and associated personnel; hydrographic/marine survey equipment and associated personnel; and an offshore construction supervisor to oversee operations onboard the Marine & Civil construction barge. The Greater Gorgon project lies 43 to 87 miles (69 to 140 kilometers) off the northwestern coast of Western Australia and is operated by Chevron.

Jan. 2010 - Chevron and Nippon Oil Corporation signed a Heads of Agreement for the delivery of .3 million metric tons per year (MTPY) of LNG from the Gorgon project for 15 years. Located about 43 to 87 miles (70 to 140 kilometers) off the northwestern coast of Western Australia is the Greater Gorgon area. Chevron is the operator of Gorgon and holds a 47% interest.

Dec. 2009 - Chevron signed a binding long-term Sales and Purchase Agreement with Chubu Electric Power for a portion of Chevron's share of LNG from the Gorgon Project. Under the agreement, Chevron will supply Chubu Electric with 1.44 million metric tons per year of LNG for 25 years, and Chubu intends to purchase .417% equity from Chevron's stake in the project. The Gorgon JV plans to commercialize Greater Gorgon through extensive subsea developments, subsea pipelines and an LNG facility onshore Barrow Island for an estimated US $11 billion.

Dec. 2009 - Chevron made another natural gas discovery in the Carnarvon Basin offshore Western Australia with its Satyr-1 well. The ENSCO 7500 semisub drilled the Satyr-1 exploration well in a water depth of 3,510 feet (1,070 meters) to a total depth of 14,960 feet (4,560 meters),encountering 425 feet (130 meters) of net gas pay. Both Satyr-1 and the previously announced Achilles-1 are expected to supply additional natural gas to the nearby Gorgon project. Both wells are situated in the WA-374-P permit area, located roughly 100 miles (161 kilometers) offshore in the Greater Gorgon Area, which incorporates a number of gas fields in waters ranging from 722 to 4,265 feet (220 to 1,300 meters).

Dec. 2009 - The construction of a three-train, 15 million metric ton per year LNG facility for the Gorgon LNG Project commenced on Dec. 1, 2009. Located about 43 to 87 miles (70 to 140 kilometers) off the northwestern coast of Western Australia in the Carnarvon Basin and on the Northwest Shelf, the Greater Gorgon area incorporates a number of gas fields in waters ranging from 722 to 4,265 feet (220 to 1,300 meters). The field's subsea developments will be tied-back to the onshore Barrow Island LNG plant via pipelines and control umbilicals. The project is expected to come on stream in 2014.

Nov. 2009 - Saipem and Leighton Contractors have been awarded an EPC contract from Chevron for the Gorgon LNG jetty and marine structures project. The awarded contract consists of the engineering, procurement, fabrication, construction and commissioning of the LNG jetty for the Gorgon LNG field. The work is targeted for completion in 2013. Located about 43 to 87 miles (70 to 140 kilometers) off the northwestern coast of Western Australia in the Carnarvon Basin and on the Northwest Shelf, the Greater Gorgon area incorporates a number of gas fields in waters ranging from 722 to 4,265 feet (220 to 1,300 meters).

Oct. 2009 - South Korea's top shipbuilder Hyundai Heavy Industries Co. said it has signed a $2.06 billion deal to build core parts of a LNG plant for Australia's Gorgon LNG project. Under the deal, Hyundai Heavy will build the LNG plant's core facilities in Ulsan, South Korea, and deliver them to Barrow Island in Australia by October 2013, the company said in a statement.

Oct. 2009 - Chevron announced a natural gas discovery in the Greater Gorgon area, offshore Australia. The Achilles-1, located in the WA-374-P permit area, was drilled to a total depth of 14,800 feet (4,500 meters) and encountered 325 feet (100 meters) of net gas pay. The well was drilled with the ENSCO 7500, an ultra-deepwater semisubmersible which has now moved on to Chevron's Satyr-1 exploration well. Chevron Australia operates Achilles with a 50% working interest while Shell Dev. (Australia) and ExxonMobil Australia each hold a 25% interest.

Oct. 2009 - Aker Solutions' contract with Chevron has been extended to include the delivery of a monoethylene glycol (MEG) system to the Gorgon project located on the Australian North West shelf. The total contract value for Aker Solutions is approximate US $51 million (NOK 300 million). Located about 43 to 87 miles (70 to 140 kilometers) off the northwestern coast of Western Australia in the Carnarvon Basin and on the Northwest Shelf, the Greater Gorgon area incorporates a number of gas fields in waters ranging from 722 to 4,265 feet (220 to 1,300 meters).

Sep. 2009 - Chevron will proceed with the development of the Gorgon natural gas project offshore Western Australia. Development proposals for the project were approved today by the Western Australian State Premier Colin Barnett, and production licenses were granted by the Australian Minister for Resources and Energy Martin Ferguson AM, MP. The Gorgon Project, operated by the Australian subsidiary of Chevron (50%) in joint venture with ExxonMobil (25%) and Shell (25%), is currently estimated to cost US $37 billion (AU$43 billion) for the first phase of development. First gas is planned for 2014.

Sep. 2009 - Australian subsidiaries of Chevron have signed three binding long-term Sales and Purchase Agreements (SPAs) for Chevron's share of LNG from the Gorgon project. The agreements are for a total supply of nearly 3 million tons per annum (MTPA) of LNG to Osaka Gas, Tokyo Gas, and GS Caltex. Chevron will supply Osaka Gas 1.375 MTPA of LNG for 25 years. Osaka Gas will also purchase 1.25% equity in the Gorgon Project. Tokyo Gas will be supplied 1.1 MTPA over 25 years and will purchase a 1% equity stake. Supply from both agreements is expected to commence in the second half of 2014. Chevron expects further sales of Gorgon LNG to be executed in the coming months.

Sep. 2009 - Mines and Petroleum Minister Norman Moore offered the Gorgon Joint Venture production licenses for its biggest gas fields to supply the $50 billion Gorgon LNG project. Moore said the offer of five production licenses would help the Gorgon JV reach a final investment decision. The Minister said the project would boost the State's development and growth and help maintain WA's powerhouse role in the nation's economy. The Io-Jansz and Gorgon fields contain more than 30 Tcf, giving the project an estimated 30-year lifespan.

Aug. 2009 - Premier Colin Barnett has welcomed today's Federal Government environmental approval to enable the development of the Gorgon project on Barrow Island. Barnett said the decision marked the final step in a very long process of State and Commonwealth environmental approval for the project. Following today’s approval there are three key approvals that need to happen: final investment decision by the joint venture partners to go ahead with the Gorgon project, offer of production licenses, premier must give Development Approval for the project under the Barrow Island Act. Located about 43 to 87 miles (70 to 140 kilometers) off the northwestern coast of Western Australia in the Carnarvon Basin and on the Northwest Shelf, the Greater Gorgon area incorporates a number of gas fields in waters ranging from 722 to 4,265 feet (220 to 1,300 meters).

Aug. 2009 - Kentz was awarded a telecommunications package by Chevron for the Gorgon Project in Western Australia. The contract value is approximately US $125 million and includes the design, supply, installation, testing and commissioning of the telecommunications scope on Barrow Island. Located about 43 to 87 miles (70 to 140 kilometers) off the northwestern coast of Western Australia in the Carnarvon Basin and on the Northwest Shelf, the Greater Gorgon area incorporates a number of gas fields in waters ranging from 722 to 4,265 feet (220 to 1,300 meters).

Aug. 2009 - Environment Minister Donna Faragher gave final environmental approval for the proposed Gorgon gas development on Barrow Island. Final approval for the revised and expanded project was granted with strong, new environmental conditions to provide higher levels of protection for regionally significant coral reefs and flatback marine turtles. Located off the northwestern coast of Western Australia in the Carnarvon Basin, the Greater Gorgon area incorporates a number of gas fields in waters ranging from 722 to 4,265 feet deep (220 to 1,300 meters).

Jul. 2009 - Environment Minister Donna Faragher determined appeals against the Environmental Protection Authority's report on the revised and expanded proposed Gorgon gas development on Barrow Island. In determining appeals, Faragher agreed that there was a need for better protection of high value coral adjacent to the project. As such, monitoring will be extended to significant coral reef outcrops outside impact zones. For the flatback marine turtles, the Minister has determined that artificial light emissions should be minimized to protect the local population. For the first time, management of light emissions will be required as a project condition. Other improvements to conditions include: a requirement for the proponent to continue monitoring for subterranean fauna, consistent with EPA recommendations, and noise emissions to be incorporated into the long-term marine turtle management plan and other plans as required.

Apr. 2009 - The Western Australian EPA's revised and expanded proposal on the Chevron-operated Gorgon Project will add a third 5 million metric-tons-per-year of LNG train to the original two-train proposal already approved for Barrow Island. Chevron will continue to assess the conditions as it works toward a final investment decision in the second half of this year. The Gorgon LNG plant will be supplied with gas from the Gorgon field offshore Australia. The Barrow Island LNG facility will separate gas and condensate received from the Greater Gorgon gas fields.

Apr. 2009 - Chevron is asking permission from authorities to expand its Gorgon LNG project capacity to 15 million metric tons a year to address rising industry cost pressures. Western Australia's EPA plans to make a recommendation that Gorgon's capacity be expanded by half, which is subject to a two-week public appeal process. The Gorgon LNG plant will be supplied with gas from the Gorgon field offshore Australia. The Barrow Island LNG facility will separate gas and condensate received from the Gorgon gas fields.