Chevron Products Company, a Chevron U.S.A. Inc. division, unveiled a new line of Clarity Synthetic EA Hydraulic and Gear Oils for the marine industry and other applications where leaks or accidental discharge are a concern. These products meet the new EPA Vessel General Permit (VGP) requirements for environmentally acceptable lubricants (EALs). Clarity Synthetic EA Hydraulic and Gear Oils are designed to give maximum protection and provide seal compatibility in hydraulic equipment and industrial gear applications on vessels and equipment where performance is critical. This includes marine applications such as: stern tubes, thrusters, controllable pitch propellers, stabilizers, rudder bearings and other mechanical equipment subject to immersion. These products may be used in other hydraulic and gear applications requiring high performance lubricants. The oils are high viscosity index (VI) synthetic products that provide premium performance and long oil life, while allowing for operation over a wide temperature range. Clarity Synthetic EA Hydraulic Oils are designed to the performance requirements of synthetic antiwear hydraulic oils, while providing VGP compliance in case of leaks or incidental discharge to the environment. Chevron will offer three grades of Clarity Synthetic EA Hydraulic Oils (ISO 46, 68 and 100) for use in hydraulic systems as recommended by: ISO 15380 HEPR, DIN, Denison and Eaton-Vickers
Chevron has signed agreements with the fuel products distribution and lubricants company of Turkey, Petrol Ofisi in Istanbul, that will result in improved supplies of marine lubricants to ship operators and managers operating in Turkey. This alliance covers production, logistics and delivery service of the full range of Chevron’s marine lubricant product line in Turkey for the first time. Pedro Cardenes, General Manager Finished Lubricants - Marine said
ShipServ announced that Chevron Shipping Company and Seabulk International have contracted to conduct their procurement business via ShipServ’s TradeNet trading platform. ShipServ established a foothold in North America, by adding a number of blue chip clients and breaking into new sectors such as LNG, cruise ships etc. Chevron Shipping, San Ramon, California, signed on its tanker fleet currently at 25 ships, including the, Northwest Swan
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.
Live water systems free of sea life are one reason why the Chevron fleet runs more efficiently and economically than others. Since 1995, a number of Chevron Shipping Company's crude oil tankers have been operating smoothly with electrochlorination systems, the generators of hypochlorite that in turn prevent the fouling of live water cooling systems. Hypochlorite is the active ingredient required for bio-fouling control
Chevron Corporation's China subsidiary signs production sharing contracts for exploration blocks in the Pearl River Estuary, South China Sea. Chevron's agreement is with China National Offshore Oil Corporation (CNOOC). Under the PSC agreements, Chevron China Energy Company will hold a 100 percent interest in blocks 15/10 and 15/28 in the Pearl River Mouth Basin. During the exploration phase Chevron China Energy Company will be the operator of the two shallow water blocks
Chevron has reaffirmed its opposition to the anti-dumping and countervailing duty petitions filed against imports of crude oil from Mexico, Venezuela, Saudi Arabia and Iraq. The company's position was presented in a second letter from Chevron Chairman Kenneth Derr to the U.S. Department of Commerce. A coalition of independent oil producers petitioned the Department of Commerce to determine whether Mexico, Venezuela, Saudi Arabia and Iraq are illegally "dumping" crude oil into the U.S
Crowley Maritime Corporation christened the ninth in a series of 10 new 185,000 barrel ATBs at the VT Halter Marine shipyard in Pascagoula. The Innovation and barge 650-9 will be chartered to Chevron, to safely transport petroleum products throughout the Gulf of Mexico. During the ceremony, Joan Pennella, wife of Crowley Vice Chairman and Executive Vice President Bill Pennella, christened the 10,728-horsepower tug Innovation; while Lynn Brewer, wife of Burl Brewer
Chevron commences operations with drillship, 'Pacific Santa Ana', in deepwater, Gulf of Mexico Chevron Corporation announced that the Pacific Santa Ana, a deepwater drillship built to Chevron's specifications, has arrived in the Gulf of Mexico to work for Chevron under a five-year contract with a subsidiary of Pacific Drilling S.A. It is the first drillship designed with the capacity to perform dual gradient drilling (DGD).
Natural gas deposits discovered in two locations by Chevron Australia's deepwater drilling exploration program in the Carnarvon Basin. The Pinhoe-1 exploration discovery well encountered approximately 197 feet (60 meters) of net gas pay in the Barrow and Mungaroo Sands. Pinhoe-1 is located in the WA-383-P permit area, located approximately 124 miles (200 kilometers) north of Exmouth off the Western Australia coast. The well was drilled in 3
Chevron Corp has hired an investment bank to identify potential buyers of its 54,000 barrel-a-day refinery in Kapolei on the Hawaiian island of Oahu, a company official said. Deutsche Bank AG was retained to sell the plant, according to another person familiar with the sale
Chevron Corporation announced today that Rhonda I. Zygocki, executive vice president, Policy and Planning, has elected to retire from the company after 34 years of outstanding service effective Feb. 1, 2015. The company also said it is making new reporting assignments for several executives.
Oil and gas explorer and producer Samson Energy Company LLC is selling its offshore Gulf of Mexico assets that could fetch more than $1 billion, according to people familiar with the situation. The Tulsa, Oklahoma-based company has tapped Jefferies LLC, the New York-based investment bank
Cabinda Gulf Oil Company Limited, a Chevron subsidiary in Angola, has extended the current contract for the ultra deepwater semi-submersible Mærsk Deliverer expiring in June 2015 by two years. Mærsk Deliverer has since 2012 been working for Chevron and its partners on the Tombua
Holders of Argentina's defaulted debt and their supporters have warned the country risks being frozen out from international capital markets unless it finds a way to solve its legal problems by the July 30 deadline. But away from the bad-tempered litigation in U.S
Crowley Maritime Corp. said that the third of four tugboats in the Ocean-class series, Ocean Sky, has been christened in Houston. The ceremony served to formally welcome the third dynamic positioning (DP) tugboat to the company’s expanded ocean towing fleet
Bibby Ship Management announced it has secured two new contracts in the offshore oil and gas sector. Bibby Ship Management Singapore has been appointed as the technical and crewing managers for the OSX 2, an FPSO vessel, working in conjunction with overall project managers Tecnomar &
Maersk Drilling has appointed Moira Ming Ying Li as unit director for the Maersk Deliverer rig working for Chevron offshore Angola. She will assume her new role August 15, 2014. Moira is the first female unit director in Maersk Drilling.
Oil companies in Iraqi Kurdistan began withdrawing more staff on Friday in the siege of militants from the Islamic State to the capital of the region, with Afren became the first to announce that he was reducing their production. Shares in London-listed oil and operating in northern Iraq fell for
Hornblower Cruises & Events says it has hired Scott Keever as Manager, Special Projects; details as follows: After graduating from the California Maritime Academy with a Bachelor’s degree in Marine Transportation, Scott began a sea-going career with Chevron Shipping
Gulf of Mexico deepwater oil explorer Venari Resources LLC said on Wednesday it had raised $1.3 billion from original backers Warburg Pincus LLC, Kelso & Co, the Jordan Company and Temasek Holdings, as well as new investors. GIC, Singapore's sovereign wealth fund
Oil traders have begun fixing tankers to take North Sea, West African and Arab crudes to South Africa for storage, hoping for a repeat of the multimillion dollar bonanza they reaped in 2008-2009. Shipping fixtures show that in late July and August, BP , Mercuria
Angolan cargoes for October loading are so far finding buyers slowly, traders said on Friday, while there were further signs that an overhang of September-loading Nigerian cargoes is being absorbed. Most buyers have baulked at the initial offers of Angolan crude
PDVSA would use its own fleet to transport imported crude; Purchases of crude imports would reduce costs; Venezuela has been exporting oil for a century Venezuela is considering importing crude oil for the first time ever and could use a light oil from its partner in OPEC, Algeria
Venezuela's state-run PDVSA has put on hold its plans to export diluted crude oil (DCO) in October as the company reviews production costs that have risen on imports of costly naphtha that it uses to mix with its extra heavy crude, traders told Reuters on Friday.