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ATCO secures additional Wheatstone work

The additional work is valued at an estimated $A130 million, with work set to commence in March 2015 and scheduled for completion late-2015.

First LNG is expected at the Wheatstone Project in 2016, which is approximately 55 per cent complete, via a 250 MMcf/d onshore domestic gas plant at Ashburton North, WA.

The project is a joint venture between the Australian subsidiaries of Chevron (64.14 per cent), Apache Energy (13 per cent), Kuwait Foreign Petroleum Exploration Company KUFPEC (13.4 per cent) and Kyushu Electric Power Company (1.46 per cent), together with PE Wheatstone Pty Ltd (part owned by Tokyo Electric Power Company, 8 per cent).

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