How do you appeal to a former rock star? Grow an algae mohawk Nov 13, 2009
But try telling that to the drab grey flatback turtle of Barrow Island, which is almost all that stands between Australia and $50 billion in gas revenue from the massive Gorgon project. Even its very genus name natator depressus talks itself down. (Sydney Morning Herald -- Opinion)
Chevron's Gorgon Gas Project to Award Up to $3.6 Billion in Work Contracts Oct 29, 2009
The plan is to sign up three or four additional contractors in the next few months, Gorgon General Manager said in an interview yesterday at its Barrow Island site off northwestern Australia ... GE Oil & Gas won a A$433 million contract partly for technology that will allow the storage of carbon dioxide at Barrow Island, it said Oct. 22 ... Gas will be piped to Barrow Island for processing from wells 130 to 200 kilometers (81 to 124 miles) off the coast. (Bloomberg -- Australia & New Zealand)
Woodside Keeps Pluto LNG Growth Plans as Chevron Snares Apache, Kuwait Gas Oct 23, 2009
A final investment decision for Wheatstone is set for 2011, according to Chevron, which is also the operator of the A$43 billion Gorgon LNG venture on Barrow Island off the Western Australian coast, the countrys largest resources project. Talks With Hess. (Bloomberg -- Australia & New Zealand)
GE Latest to Win Gorgon Project Work as Contract Awards Near $10 Billion Oct 22, 2009
GE Oil & Gas said today its A$433 million contract is partly for technology that will allow the storage of carbon dioxide at Gorgons Barrow Island site ... Thiess, part of Sydney-based , won a A$500 million contract to build temporary facilities on Barrow Island ... The company said it will build 48 fabricating modules on Barrow Island. (Bloomberg -- Australia & New Zealand)
Hyundai Heavy Wins Record $2.06 Billion Contract for Gorgon LNG Facilities Oct 21, 2009
The company will build 48 fabricating modules on Australias Barrow Island to start producing LNG from 2014, it said today in a regulatory filing ... The Barrow Island modules will process gas piped in from wells in 11 fields 130 to 200 kilometers (81 to 124 miles) off the coast. (Bloomberg -- Asia)
Chevron in new natural gas find Oct 19, 2009
The project off Barrow Island will be run by Chevron and its partners Royal Dutch Shell and Exxon Mobil. Bookmark with. (BBC News -- Business)
Chevron Announces New Gas Find off Australia Oct 19, 2009
The company and its partners are developing the field, one of the world's largest, with a plant constructed on Barrow Island. The first gas is expected to be delivered in 2014. (ABC News -- Wire)
Chevron Says Gas Discovery to Underpin Gorgon Project Off Australian Coast Oct 19, 2009
Chevrons executive vice president for exploration and production, said last month that the partners would consider within a year whether to add two production units at the Barrow Island project, which will initially have three LNG-making trains. Woodside Competition. (Bloomberg -- Australia & New Zealand)
Chevron, Exxon Carbon Victory Is Price Australia Pays to Be `Superpower' Sep 19, 2009
The three oil companies said Sept. 14 they will proceed with the liquefied natural gas development, the continents biggest single investment, at Barrow Island off the northwest coast ... Since 1986, there were eight tremors of a magnitude greater than 3 within 100 kilometers of Barrow Island, data show ... A 1906 earthquake about 400 kilometers east of Barrow Island had an estimated magnitude of 7. (Bloomberg -- Australia & New Zealand)
Chevron seals Aussie deal Sep 15, 2009
Chevron and its partners will build a terminal for cooling and shipping natural gas on Barrow Island, a nature preserve covered in dry grass and termite mounds. But Barrow Island already holds oil wells, which have been pumping petroleum for more than 40 years ... Barrow Island sits within easy shipping distance of liquefied natural gas customers in China, India, Japan and South Korea. (San Francisco Chronicle -- Business)
* Energy giants sign Aussie LNG project Sep 15, 2009
Australian Prime Minister Kevin Rudd, left, and Chevron managing director Roy Krzywosinski inspect the site of the proposed Gorgan gas project at Town Point on Barrow Island off the West Australian coast on Sept. 1 ... Gorgon, the worlds largest LNG plant, will be built on Barrow Island, a nature reserve about 70km off Western Australia ... Rudd also praised Gorgons environmental credentials, saying plans to pump excess emissions into rock 2km beneath Barrow Island would make it the worlds... (Taipei Times, Taiwan -- World Business)
Gorgon work begins with $10b in contracts Sep 14, 2009
The Barrow Island project is Australia's largest single resources development and the world's biggest LNG operation. Chevron general manager Roy Krzywosinski told the official signing ceremony that $10 billion in contracts and purchase orders would be arranged in coming months. (Sydney Morning Herald -- Business)
Gorgon gas project gets final approval Sep 14, 2009
The Gorgon Liquefied Natural Gas project at Barrow Island off the north coast of WA will be the largest resources project in Australia's history, while Premier Colin Barnett said it would make a ''significant contribution towards WA's prosperity over the next 30 years ... At the ceremony, Mr Barnett signed the final development approval that was required under the Barrow Island Act while WA Mines and Petroleum Minister Norman Moore and his Federal counterpart Martin Ferguson granted the... (Sydney Morning Herald -- Business)
Energy giants sign off on huge Australian LNG project Sep 14, 2009
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Green light for Gorgon Sep 14, 2009
The project's joint venture partners announced today they had reached a final investment decision on Australia's largest resources project, and that work would begin immediately on Barrow Island, off the north-west coast of WA. ... "This will be the largest resources project in Australia's history and make a significant contribution towards Western Australia's prosperity over the next 30 years,'' he said. The Gorgon development will consist of gas fields connected to Barrow Island by underseas... (Sydney Morning Herald -- Business)
Chevron signs big Australian natural gas deal Sep 13, 2009
Lloyd Avram, a Chevron spokesman, said the project "underwent a rigorous environmental assessment" that resulted in "stringent conditions." Among Chevron's initiatives are plans to build a giant carbon dioxide injection facility in the area, and special lighting technologies to protect flatback turtles on Barrow Island, a protected nature reserve, where the gas is to be processed. "Gorgon is a key part of Chevron's future," said Avram. (San Francisco Chronicle -- Business)
Chevron Completes $60 Billion Gorgon LNG Sale Accords With Japan, Korea Sep 10, 2009
The project entails construction of an LNG processing plant on Barrow Island with annual production capacity of 15 million tons. Chevron, the operator of the project, holds a 50 percent stake, while Exxon and Shell each own 25 percent. (Bloomberg -- Australia & New Zealand)
Australia agrees $60bn gas deal Sep 10, 2009
Page last updated at 06:46 GMT, Thursday, 10 September 2009 07:46 UK. US oil firm Chevron has signed $60bn (36bn) worth of deals to supply natural gas to Japan and South Korea from its Gorgon project in Australia. (BBC News -- Asia-Pacific)
Whales put dampener on gas plans Sep 2, 2009
But last week Mr Garrett was criticised by environmental groups for giving final approval to the development of another LNG hub on Barrow Island, a nature reserve off the coast further south ... Mr Rudd visited the Barrow Island site yesterday with Chevron executives and the Employment Minister, Mark Arbib. (Sydney Morning Herald -- Australia)
Taskforce to find 70,000 workers for big projects Sep 2, 2009
Yesterday the Prime Minister signalled the creation of a national taskforce while on a visit to Barrow Island, Western Australia, where he gave the final approvals for the $50 billion Gorgon liquefied natural gas project. The Employment Participation Minister, Mark Arbib, said the taskforce would help ensure the necessary skilled labour for the 80 big resource projects on the drawing board. (Sydney Morning Herald -- Australia)
$50b Gorgon LNG project clears final hurdle Sep 2, 2009
Mr Rudd, visiting the Barrow Island site of the huge liquified natural gas (LNG) plant on Tuesday, said the offer of the production licences and other leases draw to a close the three steps of government involvement in the lead-up to the project's go-ahead. This follows the federal and West Australian governments' indemnification of the project's proposed geosequestration measures, which will store carbon dioxide in rock 2000 metres underground, and the environmental approval given by... (Sydney Morning Herald -- Business)
Gorgon Partners Win Production Licences, Removing Obstacle to Investment Sep 1, 2009
The companies won environmental approval last week to build a liquefied natural gas processing plant on Barrow Island, a nature reserve off the northwest coast ... Carbon dioxide generated as the gas is turned into liquid form on Barrow Island will be captured and stored underground, reducing Gorgons greenhouse gas emissions by 40 percent, Chevron says on its Web site ... Gorgon will have the capacity to produce 15 million metric tons of LNG a year at Barrow Island, according to Chevron. (Bloomberg -- Australia & New Zealand)
Battle looms over Kimberley development Aug 30, 2009
The Chevron-operated Gorgon LNG project at Barrow Island, off WA's Pilbara Coast, which Environment Minister Peter Garrett approved this week, is forecast to generate more than $200 billion in sales and $40 billion in tax revenue over 30 years ... The company has been heavily advertising its credentials as a responsible corporate citizen in the lead-up to the Gorgon approval, which was given despite concerns over the project's impact on endangered species, including the flatback turtle, and the... (Sydney Morning Herald -- Business)
Australia okays A$50bn LNG project Aug 27, 2009
The decision clears one of the final obstacles to Chevron, Shell and Exxon Mobil building the venture on Barrow Island, 50km off the west Australian coast ... "Barrow Island is an A-Class nature reserve," Siewert said. (Business Report, South Africa)
* Australia backs LNG deal linked to China and India Aug 27, 2009
Garrett said that the conditions included measures to protect endangered turtles and other species on nearby Barrow Island and to minimize noise and light emissions. It is acceptable for the expansion to go ahead subject to the conditions, he said. (Taipei Times, Taiwan -- Business)
Australia approvesgas megaproject Aug 27, 2009
Government approval of the Gorgon project came with 28 conditions attached, mostly linked to monitoring the status of endangered animals, as Barrow Island, where the project will be developed, is categorized as a Class A nature reserve and is home to listed threatened species such as the flatback turtle. Anticipation of the announcement may have accounted for the recent short-term recovery of the country's equity market, as the Australian All Ordinaries stock index bounced off its Friday close... (Asia Times Online)
Gorgon gets go-ahead as north-west queue forms Aug 27, 2009
THE Environment Minister, Peter Garrett, is set to consider another four major gas projects on Australia's environmentally sensitive north-west coast after approving the massive Gorgon plant on Barrow Island ... Mr Garrett's approval covered plans to bury 40 per cent of the gas plant's carbon emissions in saline aquifers two kilometres below Barrow Island's nature reserve - by far the largest carbon capture and storage experiment in Australia. (Sydney Morning Herald -- Australia)
Gas developers' plan to save world a load of hot air Aug 27, 2009
The Environment Minister, Peter Garrett, might well contemplate this after yesterday giving his conditional approval to clear the way for the unique nature reserve on Barrow Island to become a massive processing hub for the Gorgon gas project ... 5 kilometres beneath Barrow Island is a geological formation where they can bury the greenhouse gas emissions that will be released during the extraction of the vast natural gas reserves. (Sydney Morning Herald -- Australia)
Australia island gas deal sealed Aug 26, 2009
The project on Barrow Island will be run by US oil firm Chevron, and partners Royal Dutch Shall and Exxon Mobil, and will supply gas to China ... Barrow Island is home to a number of endangered, rare and endemic species, including the Barrow Island mouse and the flatback turtle ... "Barrow Island has been the location of industrial activities for some decades," he added, saying he had imposed 28 environmental conditions. (BBC News -- Asia-Pacific)
CBA 'fully apprised' of Storm business model Aug 26, 2009
" The submission says the bank was also well aware of Storms model that used housing equity to support investment loans. "Paul Johnson and Phyllis Sequira (senior executives of Colonial) amongst others were very familiar with the Storm model and were actively encouraging the use of this product from its inception around 2002/03 and onwards, given the increasing volume of home lending that was generated from our clients," the submision says. It names several other bank executives including... (Sydney Morning Herald -- Business)
In Ben We Trust Aug 26, 2009
Moving halfway around the world now, and there's news out of Australia this morning where the government has to the controversial $42 billion Gorgon natural gas project on the Barrow Island Nature Reserve ... According to the BBC, "Barrow Island is home to a number of endangered, rare and endemic species, including the Barrow Island mouse and the flatback turtle.". (Slate)
$50b question: Gorgon carbon claims in doubt Aug 26, 2009
Doubts have emerged over whether the giant $50 billion Gorgon gas project can safely bury its greenhouse gas emissions deep beneath the Barrow Island nature reserve off Western Australia, despite the Prime Minister, Kevin Rudd, backing the plan ... But the Gorgon project has been opposed by environmentalists and the WA Environmental Protection Authority, who say Barrow Island is home to 24 species that exist nowhere else ... The expert panel considered that two fissures beneath Barrow Island,... (Sydney Morning Herald -- Australia)
Gorgon no threat to environment: govt Aug 23, 2009
Mr Garrett has said he'll make his position public on the Barrow Island-based project this week ... "Barrow Island has been dubbed `Australia's Ark' for its unique range of endangered species, with 24 species and sub-species preserved on the island, many of who are extinct or endangered on mainland Australia," Australian Greens senator Rachel Siewert said last week ... Endemic species on the island include the spectacled hare-wallaby, the Barrow Island golden bandicoot, the Barrow Island mouse... (Sydney Morning Herald -- Australia)
Exxon chief won't quibble about how much it adds up to Aug 22, 2009
Much of the project's success will hinge on the sequestration of carbon in saline aquifers under Barrow Island off the West Australian coast. Nothing is risk free in this world. (Sydney Morning Herald -- Business)
Chevron's $41 Billion Gorgon Project to Get Government Decision Next Week Aug 21, 2009
The Australian and West Australian governments have agreed to jointly accept any long-term liability arising from the storage of carbon dioxide at Barrow Island from Gorgon. State Premier made the A$50 billion estimate of Gorgons construction costs in March, a figure that would make it the countrys biggest resources project. (Bloomberg -- Australia & New Zealand)
Exxon, PetroChina $41 Billion LNG Deal May Ease China-Australia Tensions Aug 19, 2009
The decision, which Prime Minister said cleared a major hurdle for the project, will allow the operators to capture CO2 emissions from the gas fields and store them in geological formations 2 kilometers under Barrow Island. Gorgon Project. (Bloomberg -- Australia & New Zealand)
Chevron makes major WA gas find Aug 19, 2009
News of Chevron's discoveries came close on the announcement late on Tuesday that Australia's largest ever trade deal had been struck for the yet-to-be-developed, Chevron-operated Gorgon LNG project on Barrow Island, offshore from Onslow ... Chevron operates Australia's largest onshore oilfield on Barrow Island, which has been producing for about 40 years. (Sydney Morning Herald -- Business)
Gorgon a springboard for WA economic growth Aug 19, 2009
25 million tonnes of LNG a year for 20 years from the Chevron-led Barrow Island project ... "As part of that we (WA) get a share of the revenues coming out of the Gorgon project. 00004000 "It's a great deal for WA." Curtin University Professor of Economic Policy Peter Kenyon said the Gorgon deal could lead WA into a "symbiotic" relationship with China. "One of the things that people have kind of lost perspective with in the economic downturn is that WA is ideally placed in a symbiotic way to be... (Sydney Morning Herald -- Business)
First Australia-India long-term LNG deal reached Aug 11, 2009
WA Environment Minister Donna Faragher announced the latest step in the process towards development of the expanded $50 billion Chevron-led Gorgon LNG project on Barrow Island. The project's environmental approval process is now in the hands of federal Environment, Heritage and Arts Minister Peter Garrett, who visited Barrow Island last week. (Sydney Morning Herald -- Business)
Chevron, Partners May Approve Gorgon by October, WA Premier Barnett Says Jul 30, 2009
State Environment Minister yesterday gave conditional environmental approval to the project, while strongly endorsing conditions to minimize light emissions to protect flatback marine turtles on Barrow Island, where it will be based. Gorgon awaits timely environmental approvals by the state and federal governments, and on getting them, may make a final investment decision in coming months, , a spokeswoman for Chevron, said in an e-mail yesterday. (Bloomberg -- Australia & New Zealand)
Breaking News Jul 29, 2009
WA's environment minister has unveiled more stringent conditions for the multi-billion-dollar Chevron-led Gorgon liquefied natural gas project on Barrow Island. --> Topics. (Sydney Morning Herald -- Opinion)
Leighton Holdings Wins $389 Million Contract at Chevron's Gorgon LNG Site Jul 9, 2009
Leightons Thiess unit will prepare the site and build temporary facilities on Barrow Island should the Gorgon project win government approval and investment backing from its joint venture partners, the Sydney-based company said today in a statement to the Australian stock exchange. The contract comes after Thiess last month signed another A$500 million deal to build a construction village at the site. (Bloomberg -- Australia & New Zealand)
Toll Group wins $180m Gorgon gas contract Jun 29, 2009
Toll Group has entered into an $180 million agreement with Chevron Australia to manage logistical services on the Gorgon gas project on Barrow Island off Western Australia. Toll said it had entered into a three-year agreement with Chevron, the lead joint venture partner in the Gorgon project, off the north-west coast of WA.. (Sydney Morning Herald -- Business)
COLUMN: Applying existing technologies to store CO2 Jun 27, 2009
4) GORGON/OTWAY PROJECT - Barrow Island, Western Australia. 5) South Quinshu Basin Project - China. (Mattoon Journal-Gazette, IL)
Chevron, Woodside Award Contracts, Make Progress at Australia LNG Ventures Jun 20, 2009
Work on Barrow Island will start after Gorgon gets all the needed approvals from the government and venture partners, Hodgson said yesterday ... won the award to build a 3,300-bed construction village on Barrow Island, Hodgson said. (Bloomberg -- Australia & New Zealand)
Iron ore price dip 'to hit WA royalties' May 14, 2009
The state government has also not earmarked any funds in 2009/10 for a liquefied natural gas (LNG) processing hub at James Price Point near Broome or Chevron's Gorgon LNG project on Barrow Island. However, $35 million will be put towards the Australia Marine Complex near Fremantle, which trains companies that support the oil and gas sector. (Sydney Morning Herald -- Business)
Gorgon gas expansion approved Apr 30, 2009
The Environmental Protection Authority has approved Chevron's multi-billion-dollar Gorgon liquefied natural gas project expansion on Barrow Island, despite highlighting serious environmental concerns. In a statement that had been much anticipated by resource industry watchers, WA Environment Protection Authority chairman Paul Vogel today said he opposed more industry on Barrow Island ... "Given the very high environmental and unique conservation values of Barrow Island, which are reflected in... (Sydney Morning Herald -- Business)
