GE Oil & Gas Awarded $400 Million Contract for Australia’s Gorgon Natural Gas Field

October 2009 Vol. 236 No. 10

GE Oil & Gas announced Oct. 22 that Chevron has awarded the company a competitive bid worth over $400 million to deploy advanced LNG technology for the development of the Gorgon natural gas field. The project also features the world’s largest ever carbon-dioxide (CO2) sequestration technology project.

GE will supply Chevron with equipment to fulfill Gorgon’s LNG production and CO2 sequestration, as follows:

• Three main refrigerant compression trains required for Gorgon’s production of 15 million tons per annum (MTPA) LNG – equating to three shipments a week leaving Gorgon’s purpose-built LNG loading jetty; and
• Six compression trains required to drive Gorgon’s pioneering carbon dioxide sequestration (C02) project.

The Gorgon project’s estimated economic life is 40 years from the time of start-up. In addition to natural gas supply for domestic Australian use, the Gorgon partners have signed sale and purchase agreements for LNG export into Japan, South Korea, India and China.

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