Tag: Chevron
Chevron discovers natural gas offshore Australia
Chevron Corporation has announced the discovery of a well located in the WA-374-P permit area approximately 75 miles northwest of Barrow Island off the Western Australian coast.
The Satyr-2 exploration discovery well confirmed approximately 128 feet of net gas pay.
Chevron acquires Delaware Basin Acreage
Chevron Corporation has announced that its subsidiary, Chevron U.S.A. Inc., has agreed to acquire 246,000 net leasehold acres in the Delaware Basin in New Mexico, a part of the Permian Basin, from Chesapeake Energy Corporation.
Oil producers oppose Seaway request
Oil producers in North America are hoping to ease the disconnect in the crude markets by addressing the reversal of the Seaway pipeline to run to refineries nest the Gulf of Mexico from the central United States.
Chevron appoints Geagea to lead Gas & Midstream
Chevron has named Joseph C. Geagea corporate vice president and president of Chevron Gas and Midstream, effective 1 January 2012. Geagea will succeed John D. Gass who will retire from Chevron after over 37 years with the company.
Chevron to expand Oronite Plant
Chevron intends to double the production capacity of its Chevron Oronite lubricant additives plant on Jurong Island, its biggest in Asia. The final investment decision for the expansion is expected shortly after Q1 next year.
Bennett new VP and treasurer of Chevron
Chevron has appointed Paul V. Bennett as vice president and treasurer, effective 1 May 2011. Having served in several senior corporate and operating financial positions, including oversight of Chevron's credit and receivables operations, Bennett is highly qualified to guide financing strategies for the company's overall corporate capital structure as well as their major development projects. He is broadly experienced in treasury and risk management and in his current position, Bennett played an instrumental role in helping to streamline the Downstream and Chemicals business, transforming it into a more profitable, lower-cost organization.
Two new solar plants for California
Chevron and Irish renewable-energy developer NTR PLC have been given approval by the U.S. government to construct the first two solar-power facilities to be built on federal public land in California.
Australia: major gas field development
On 14 September Chevron announced that the Gorgon gas field, one of the world's largest, will be developed off NW Australia with export contracts already signed with China, India, Japan and South Korea.
Gorgon project to use duplex
Chevron Australia Pty Ltd, a subsidiary of Chevron Corp., has awarded a USD 200 million front-end engineering and design (FEED) contract for the Gorgon LNG project to Kellogg Joint Venture Group (KJVG).
USA: Blind Faith platform installation
Chevron with partner Kerr-McGee has awarded Aker Kvaerner a contract for marine operations for installation of the Blind Faith platform in the Gulf of Mexico.