Wheatstone

FEATURE: Having gained notoriety in the 1996 movie Jerry Maguire, the phrase ‘show me the money’ will be heard often, and loudly, in business in Western Australia in coming years as capital inflows become capital outflows and funds become harder-than-ever to raise.

Chevron has announced a second cost increase and further delays to its giant Gorgon gas project, with the budget now set at $US54 billion.

Giant liquefied natural gas projects like Gorgon and Pluto dominate coverage of the oil and gas sector, yet there are plenty of other developments under way.

Chevron has predicted that its giant Wheatstone project, which will cost $29 billion to develop and create 6,500 jobs at the peak of construction, will be a game changer for the liquefied natural gas (LNG) industry. (Click through for video.)