© 2015 Chevron Corporation. All rights reserved.

Wheatstone Project Update July 31, 2015

1

© 2015 Chevron Corporation. All rights reserved.

Overall Project Progress

2

The Wheatstone Project is more than 65 percent complete.

Slug Catcher

LNG Tanks

LNG Trains Product Loading Jetty

Materials Offloading Facility

Gas Turbine Generators

Condensate Tanks

© 2015 Chevron Corporation. All rights reserved.

Wheatstone Platform Hookup and Commissioning

The 440-person accommodation vessel is connected to the platform to support hookup and commissioning activities now underway.

3

Accommodation Vessel

Wheatstone Platform

© 2015 Chevron Corporation. All rights reserved.

Subsea Activities

Installation of the subsea manifolds is complete, and subsea equipment and flow lines are now being installed on the Wheatstone and Iago gas fields.

4

© 2015 Chevron Corporation. All rights reserved.

At the LNG plant site, equipment and modules continue to be delivered and installed.

LNG Plant Site

5

Train 1

Train 2

© 2015 Chevron Corporation. All rights reserved.

LNG Plant Site

6

The LNG Train 1 cold boxes have been delivered to the site. They will play a central role in the gas liquefaction process, cooling gas to -320°F (-160°C).

© 2015 Chevron Corporation. All rights reserved.

LNG Plant Site

7

The slug catcher header and piping systems have been installed, which will separate condensate from gas at the inlet of the plant before further gas processing.

© 2015 Chevron Corporation. All rights reserved.

Marine Facilities

At the Materials Offloading Facility the breakwater is complete, and the loading platform has been installed on the 0.75-mile (1.2-km) product-loading jetty.

8

Breakwater

Product-Loading Jetty

Loading Platform

© 2015 Chevron Corporation. All rights reserved.

Onslow Social Infrastructure

9

The new water tanks and booster pump are complete, and the Onslow Airport terminal is operational.