Why is the board of Chevron Corp visiting Australia, all at once?

A cavalcade of five private jets landed at Fiji’s Nadi international airport on Saturday that reportedly carried the upper echelon of the oil giant’s board and management.

The Fiji Sun newspaper reported on Sunday that the jets were ferrying the board of directors of Chevron Corporation to meetings in Australia.

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The paper said the Chevron jets were in Fiji five years ago, so the visit is not a first.

A spokesman for Chevron Australia confirmed that members of the board were visiting Western Australia for a few days.

However, the company did not respond to questions on the purpose of the visit and whether any major decisions were pending.

The interest of the board is understandable, given an interrupted mid-year start to production at its $US54 billion Gorgon LNG plant on Barrow Island which has endured big cost blowouts in the construction phase.

There have also been delays at Chevron’s $US29 billion Wheatstone project in WA

So there’s a lot for the Chevron chairman and chief executive, John S. Watson, to mull over  with the rest of the board (https://www.chevron.com/about/leadership).

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