Cyclone damage shuts Jadestone's Stag oil field off WA
The London-listed company may not have fully disclosed to the regulator the full extent of damage to its field off the Pilbara coast.
The 8.9 million tonnes a year Wheatstone LNG plant near Onslow operated by Chevron started production in 2017.
The Gorgon and Wheatstone LNG projects are now enjoying cash margins of more than $US30 a barrel at a $US50 price and production from the $111 billion mega-projects is expected to increase.
Chevron's Wheatstone LNG project may need to offset more than one million tonnes of greenhouse gas emissions each year if restrictions that were removed by Colin Barnett in 2013 are reinstated.
Chevron is challenged to meet Wheatstone LNG first LNG target as it continues fixing piping systems on the offshore platform.
Woodside chief executive Peter Coleman hopes the ramp-up of Wheatstone goes well as the Perth-based group braces for a big reduction in its domestic gas sales in 2017
Chevron’s budget and schedule for the Wheatstone LNG project face questions from significant unplanned work underway on the project’s offshore platform.
The cost of Chevron's Wheatstone LNG project has jumped $US5B a week after minor partner Woodside said it expected no changes.
All the info and a bit of comment on WA energy, industry and climate every Friday