US independent Hess is targeting a final investment decisionin the middle of next year for the deep-water Equus gas project off WesternAustralia.
The company said a four-year construction and installationperiod will follow, with first production possible in early 2018.
Equus will involve a large semi-submersible productionplatform as the main offshore facility in waters between 1000 metres and 1200metres deep. Hess is negotiating with Chevron, Woodside and the Woodside-ledNorth West Shelf Venture about supplying Equus gas into their LNG plants.Chevron’s