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Chevron Corporation (NYSE:CVX), through its subsidiary Chevron Australia New Ventures Pty Ltd (Chevron), has been awarded a greenhouse gas (GHG) assessment permit offshore Western Australia. The permit award provides further opportunity for Chevron to deliver on its strategy of safely delivering lower carbon energy to a growing world.
The G-18-AP permit is offshore from Onslow, Western Australia and covers an area of approximately 8,467 km2 with water depths of 50-1100m. The permit area will be evaluated as part of a hub for storing third party emissions, including those from Chevron's operated LNG assets.
Posted In: CVX
