Chevron Awards A$2.7 Billion Gorgon Contract To Kellogg JV
September 14 2009 - 11:42PM
Dow Jones News
Chevron Corp. (CVX) has awarded a A$2.7 billion contract for
engineering and construction work on the A$43 billion Gorgon gas
project to the Kellogg joint venture.
The Kellogg partners are KBR INC. (KBR) with 30%, JGC Corp.
(1963.TO) with 30%, Clough Ltd. (CLO.AU) with 20% and Hatch
Associates Pty. Ltd. with 20%.
KBR said the engineer, procure and construction manage, or EPCM,
contract is for the construction of a liquefied natural gas plant
on Barrow Island off the northwest coast of Western Australia state
and for a 300 terajoule per day domestic gas plant.
The LNG facility will feature three processing trains, each with
capacity of 5 million metric tons a year, gas processing and
treatment facilities, product storage, and offsite utilities and
accommodation.
The plant is to be constructed in modules offsite and then
assembled on site to minimize impact on the environmentally
sensitive island, KBR said.
"Our continued involvement with this large, modularized
grassroots LNG project demonstrates KBR's commitment to providing
our customers with leading LNG project execution and allows KBR to
build on its LNG expertise and experience in Australia," KBR Group
President of Hydrocarbons John Rose said in a statement.
Chevron and its partners in Gorgon - Exxon Mobil Corp. (XOM) and
Royal Dutch Shell PLC (RDSB.LN) - signed off on the giant gas
project on Monday and aim to ship first gas by 2014.
-By Alex Wilson, Dow Jones Newswires; 61-3-9292-2094;
alex.wilson@dowjones.com