FREMANTLE, Australia --Mermaid Marine Australia Pty Ltd has entered a A$100 million ($64 million) agreement with Chevron Australia Pty Ltd to support the Gorgon project from MMA's Dampier supply base.
According to the agreement, Chevron will use the 56,000 sq m (13.8 acre) area to underpin the movement of cargo between Dampier and Barrow Island. The term is for five years with a five year option.
Gorgon is a joint venture of Chevron, ExxonMobil, and Shell. The gas fields are 130-200 km (81 to 124 mi) off the northwest coast of Western Australia.