BP, Chevron Back $2 Billion North West Shelf Development Phase
- Greater Western Flank Phase 2 to tap 1.6 trillion cubic feet
- Project due to start gas production in second half of 2019
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BP Plc, Chevron Corp. and the other partners in Australia’s largest oil and gas venture approved a $2 billion expansion in the project, the fourth major gas development at the North West Shelf in the past seven years.
The Greater Western Flank Phase 2 off the north-west coast will develop 1.6 trillion cubic feet of gas from six fields, the operator of the North West Shelf, Woodside Petroleum Ltd., said Friday in a . This project will start production in the second half of 2019, Woodside said.