Overview
- Chevron approved the final investment decision for Gorgon Stage 3 to connect the Geryon and Eurytion fields to Barrow Island facilities via six new wells about 100 kilometers offshore.
- Project spending is cited as AU$3 billion, or about US$2 billion, with outlets differing on whether to frame the headline figure as A$3 billion or $2 billion.
- Chevron says the backfill will help maintain long‑term production, including around 300 terajoules per day for the Western Australian domestic market.
- Construction, installation and commissioning are expected to support roughly 800 jobs, according to the company.
- Gorgon’s capacity stands at 15.6 million tonnes per year, with Chevron operating a 47% stake alongside partners Exxon and Shell at about 25% each plus smaller holders; environmental groups criticized the decision over climate impacts.