Chevron’s Rosebank Projecte enters Front End Engineering & Design (FEED) phase Chevron Corporation announce that its U.K. subsidiary has entered front-end engineering and design (FEED) on the Rosebank oil and gas project in the West of Shetland region. The Chevron-operated Rosebank project is located approximately 80 miles (130 kilometers) northwest of the Shetland Islands, in water depths of approximately 3,700 feet (1,100 meters). The project will include a floating production, storage and offloading vessel, production and water injection wells, subsea facilities, and a gas export pipeline. “Rosebank is an important project for Chevron and the West of Shetland region, which holds a significant portion of the U.K.’s undeveloped oil and gas resources,” said Brenda Dulaney, managing director, Chevron Upstream Europe. The Rosebank Field, discovered in 2004, is estimated to contain total potentially recoverable oil-equivalent resources of 240 million barrels. The Rosebank development is a joint venture between Chevron’s subsidiary Chevron North Sea Limited with a 40 percent equity interest; Statoil (U.K.) Limited (30 percent); OMV (U.K.) Limited (20 percent) and DONG Exploration & Production (UK) Limited (10 percent).
According to a report in the Caracas Daily Journal, Chevron has found enough natural gas in Venezuela’s Orinoco Delta platform to warrant the country’s first LNG train. But Venezuela’s lacking gas infrastructure and indecisive construction plans have led some in the industry to wonder if Chevron will be forced to delay production. The Delta platform license issued by the energy ministry to Chevron last year stated that the company could submit a proposal to build pipe-lines from its fields
Global Industries, Ltd. announced its subsidiary Global Industries Limited Mauritius has executed a contract to undertake platform and pipeline installation work in the Gulf of Thailand for Chevron Offshore (Thailand) Ltd., a subsidiary of ChevronTexaco Corporation. This work forms part of ChevronTexaco’s Minimum Facilities Project (MFP) to expand oil and gas production in Thailand. Global will be responsible for installing five wellhead platforms and four pipelines as well as performing
Despite initial contentions that there were only two major oil spills in the wake of Katrina, details released by the U.S. Coast Guard indicate that the problem is much larger. According to the USCG, oil pollution containment and recovery operations continue in Southeast Louisiana resulting from the destructive force of Hurricane Katrina. The following information on each spill is current as of 5 p.m., September 15.
Angola's new liquefied natural gas (LNG) export project aims to charter out its entire tanker fleet for at least a couple of months after a major rupture on a flare line crippled output at the $10 billion plant last month. The project partners led by U.S. oil major Chevron have approached shipbrokers to charter out all seven LNG carriers dedicated to Angola's liquefaction facility, three sources said. One of the tankers has already been chartered to a shipper and is due to load a cargo
Responders continued to monitor and prepare salvage, firefighting and pollution contingencies for a tug and barge that allided with a pipeline near Bayou Perot 30 miles south of New Orleans Wednesday. All crew members were able to exit the tug; the captain reportedly suffered second to third-degree degree burns. ES & H, the oil spill response organization, is on scene and has mobilized 7,218 feet of containment boom and 6,000 feet of 18-inch containment boom, one cabin boat
Horizon Offshore, Inc. in association with its Nigerian affiliate, Horizon Offshore (Nigeria) Ltd., has been awarded a portion of Chevron Nigeria Ltd.'s Escravos Offshore Pipeline and Structural Installation 2-year Program (with an option for an additional year). Works will begin in late December 2002 or early January 2003. Horizon's pipelay barge, the Brazos Horizon, mobilized from the Gulf of Mexico and has arrived in Nigerian waters. The company has established
AMEC, an international engineering and project management company, announced that its Australian-based joint venture, Clough AMEC, has been awarded a contract by Chevron Australia Pty Ltd to provide engineering services for their oil production facilities at and . The facilities are located offshore , about 990 miles (1,600 km) north of . The value of the contract has not been announced. The scope of work for this contract is diverse and will be executed in a remote environment
Chevron Corporation today announced its Australian subsidiaries have signed a binding Sales and Purchase Agreement (SPA) with SK LNG Trading Pte Ltd (SK). Under the SPA, SK LNG Trading, which is part of a leading industrial conglomerate in South Korea, will receive 4.15 million tons of LNG over a five-year period starting in 2017. During the time of this agreement, over 75 percent of Chevron’s equity LNG from Gorgon will be committed to customers in Asia.
Chevron Corporation reported that it has completed a record setting production test on the Jack #2 well at Walker Ridge Block 758 in the U.S. Gulf of Mexico. The Jack well was completed and tested in 7,000 ft. of water, and more than 20,000 ft. under the sea floor, breaking Chevron's 2004 Tahiti well test record as the deepest successful well test in the Gulf of Mexico. The Jack #2 well was drilled to a total depth of 28,175 ft.
The two gas trading hubs in the south of France will merge on April 1, power trading group Powernext said on Tuesday, marking a first step towards a unified French gas platform aimed at preventing the large price swings currently seen in the market.
Kenya will start construction work next month on a long-delayed new port to be built on its northern coast, next to the historic trading town of Lamu, the presidency announced on Monday. The Lamu Port-South Sudan-Ethiopia Transport (LAPSSET) project is intended to include a port, new roads
Sour service fluids from wells place significant demands on pipeline material, particularly in deeper water. This can present major technical and financial challenges for pipeline operators as the fluids can cause fractures and cracks which affect pipeline performance and reliability
A tanker has loaded 600,000 barrels of crude oil from storage at the Libyan port of Hariga, an oil official said on Wednesday. The oil also said that crude supplies from the Sarir oilfield were still disrupted following a pipeline blast.
German energy company E.ON signed a 20-year deal with Gulf South Pipeline Co for shipment of natural gas for a planned export facility in Texas. According to the deal, EGC, the trading arm of E.ON will be the shipper of liquefied natural gas (LNG) at the planned Coastal Bend Header
India-Australia vessels booked despite higher freight costs; Chevron moving 1-2 cargoes a month to Australia. Indian diesel cargoes are being shipped to Australia in a rare move as rising competition from new Middle East refineries has made it more difficult to land the fuel in India's core
Chevron Corporation today named Jeanette L. Ourada as their new corporate vice president and comptroller effective April 1. Ourada succeeds Matthew J. Foehr, who will retire after 33 years with the company. Ourada, 49, will oversee corporate-wide accounting, financial reporting and analysis
Chevron Corp halted its 2015 share repurchase program on Friday, a move to conserve cash amid tumbling oil prices. The company's shares extended loses on the news, falling nearly 4 to $99 after being down 2.6 percent before the buyback halt was announced.
Ankara hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Taner Yildiz, Turkish Minister of Energy and Natural Resources. The parties discussed the main issues of constructing a new gas pipeline across the Black Sea towards Turkey.
Nebraska's Supreme Court ruled against a challenge to the Keystone XL oil pipeline's route through the state on Friday, clearing the way for the Republican-controlled U.S. Congress to try to force President Barack Obama to approve the project.
Pieter Schelte Heerema, one of the largest ships in the world with a length of more than three football fields, arrives at the port of Rotterdam for the last works before it is operational. Pieter Schelte Heerema, one of the largest ships in the world
Statoil has today, 7 January, awarded the service contracts for seven bases for the company in Norway. These contracts have been awarded to NorSea Group AS, Saga Fjordbase AS and Asco Norge AS. The contracts awarded include terminal and warehouse services as well as storage and
Chevron Corporation announced an oil discovery at the Anchor prospect in the deepwater U.S. Gulf of Mexico. Anchor is Chevron’s second discovery in the deepwater Gulf in less than a year. “The Anchor discovery, along with the previously announced Guadalupe discovery
Republicans take full control of the U.S. Congress this week with an agenda of trying to force approval of the Keystone XL oil pipeline and push back on President Barack Obama's sweeping policy shifts on Cuba and immigration. After years of battles over the budget and other issues
A leak on a major Russian oil pipeline caused a spill in the Black Sea near the port of Tuapse on Wednesday where officials said stormy weather was hampering efforts to assess and respond to the mishap. "Some quantity of oil has spilled into the sea," Sergei Proskurin