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Floatel To Boost Productivity

MiningLink • January 1, 2020

An extra 1200 workers will be housed by Chevron in a ìfloatelî off Barrow Island in Western Australia, providing extra accommodation for the final stages of construction on its A$61 billion Gorgon LNG project.

Chief financial officer Pat Yarrington informed investors in the US that the extra accommodation would allow for a ìgood boost in productivityî for the mechanical, electrical and instrumentation work required to be finished for the project to begin production within a years time, slightly behind schedule.

Ms Yarrington said in a teleconference on Chevron's September quarter performance, "We have secured ñ I guess I would call it a floatel. We have got the capacity over the next several weeks to bring over time about 1200 additional workers to the island to work on the MEI work that is underway that needs to be done in the next year.î

The schedule for beginning production has slipped from September 2014 to mid-2015, with Ms Yarrington now advising it could be a few months later than that.

"Gorgon production starts in a year from now and ramps up with three trains over subsequent years," she said.

Construction of the project is 87 per cent complete, all offshored development wells are drilled and the first LNG storage tank complete and tested, the second tank will reach the final stage by the end of January.

Australia's biggest resources project, Gorgon, was originally budgeted at $US37 billion when it was given the green light by Chevron and its partners in September 2009, however costs have jumped due to exchange rates, weather delays and some issues with productivity.

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