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CHEVRON PRODUCTS

Chevron Introduces New Line: Clarity Synthetic EA Oils

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 Announces Alliance with Petrol Ofisi

logoChevron.jpg

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’s e-procurement Solutions Expand

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


Crowley Christens ATB Innovation

Photo courtesy Crowley Maritime Corp.

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


South China Sea Energy Exploration by Chevron

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 Ships First LNG From Gorgon Project

LNG shipment Courtesy Chevron

Chevron Corporation (NYSE: CVX) today announced that its first shipment of liquefied natural gas (LNG) from the Gorgon Project has departed Barrow Island off the northwest coast of Western Australia. The cargo will be delivered to one of Chevron's foundation buyers, Chubu Electric Power, for delivery into Japan. The Asia Excellence loading the first Gorgon liquefied natural gas (LNG) cargo for delivery into Japan. The first cargo highlights the company's growing leadership as an LNG supplier


Chevron Strikes Big in Deepwater GOM

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.


Improving Fuel Efficiency and Maintenance Time Within The Chevron Fleet

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 Sanctions Stampede Project

Project map

  Chevron Corporation announced today that its subsidiary, Union Oil Company of California (Union), has reached a final investment decision to proceed with the development of the Hess Corporation-operated Stampede project in the deepwater U.S. Gulf of Mexico. Stampede is a deepwater subsea development, which will be tied-back to a newly constructed Tension Leg Platform. The project design capacity will be 80,000 barrels of crude oil per day


Chevron Starts Oil Production in Gulf of Mexico

 Tubular Bells floating production facility is a classic spar hull with traditional three-level topsides.

 Chevron Corporation announced today that the Hess Corporation-operated Tubular Bells deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production. The field is located 135 miles (217 km) southeast of New Orleans, in approximately 4,300 feet (1,310 m) of water in the Mississippi Canyon area. The discovery well was drilled in 2003, and project construction began in October 2011.


Unipec, Largest Dirty Tanker in Spot Charterer

Table Source: Poten & Partners

 China’s Unipec remained the top spot charterer of dirty tankers and VLCCs in the first half of 2016, according to Poten & Partners.   In stock of the spot market activity in the dirty tanker market  nothing (much) has changed between 2015 and 2016.  


Ecuador Pays $112 mln Award to Chevron

Courtesy Chevron Corporation

Ecuador has paid $112 million to energy company Chevron Corp over a four-decade-old contract dispute, even though it remains in disagreement, the head of the central bank has said. A Hague arbitration court awarded the U.S. company $96 million in 2011 in a dispute stemming from a 1973 deal that


LNG-Prices Slide, Middle East Boosts Imports

Photo: Cryptome

 The new new supply of liquefied natural gas (LNG) from Russia's Sakhalin plant and weakening demand from Egypt helped snap a months-long rally. Hence Asian spotLNG prices fell this week, reports Reuters.   Meanwhile, countries in the Middle East and North Africa led by Egypt


MISC Enters Thai Offshore O&G Market

Pairoj Kaweeyanun, President of Chevron Offshore Thailand, Ltd., and Tuan Syed Hashim Syed Abdullah, Vice President Offshore Business of MISC Berhad, after the signing of agreement between Chevron Offshore (Thailand) Ltd. and MISC Offshore Floating Terminals (L) Limited. (Photo: MISC Berhad)

    Energy related maritime solutions and services provider MISC Berhad (MISC) has made inroads into Thailand’s offshore oil and gas market for the first time.   MISC’s wholly-owned subsidiary, MISC Offshore Floating Terminals (L) Limited (MOFT) signed a contract for


QP, Chevron Ink Offshore Moroccan Deal

Courtesy Qatar Petroleum

Qatar Petroleum has reached an agreement with Chevron Morocco Exploration Ltd., a subsidiary of Chevron Corporation, to acquire a 30% participating interest from Chevron’s 75% share in three deep-water offshore leases in the Kingdom of Morocco.


Wood Group Extends North Sea Chevron Contract

Photo Wood Group

Wood Group has secured an extension to continue to support Chevron Upstream Europe across four offshore assets in the North Sea. Wood Group PSN (WGPSN) will deliver operations and maintenance services to the Alba Northern platform, Alba floating storage unit, Captain floating production


GTT Wins LNG Simulator Order

Image: GTT Training

 GTT Training, subsidiary of Gaztransport and Technigaz (GTT), has announced that it has received a contract to supply its G-Sim LNG simulator software to L-3 DPA Inc. and Chevron.   The contract involves the development of a new LNG Carrier model based specifically of the new LNG


Maiden Gorgon LNG Cargo Heads to Japan

The Asia Excellence loading the first Gorgon liquefied natural gas (LNG) cargo for delivery into Japan. The first cargo highlights the companys growing leadership as an LNG supplier. (Photo: Business Wire)

 The first shipment of liquefied natural gas (LNG) from the Australian Chevron's monster $55 billion Gorgon Project has departed Barrow Island yesterday aboard the 2015-built LNG carrier Asia Excellence, US-based energy giant Chevron Corporation said.  


LNG Names New MD

Developing a LNG export terminal. Image: Liquefied Natural Gas Limited

 Australia's Liquefied Natural Gas Limited (LNGL) has appointed Chevron executive Greg Vesey to replace company founder Maurice Brand as managing director and chief executive.   Brand will continue on with LNG as an executive director until his retirement in June next year


Chevron Suffers Loss, Plans Job Cuts

Photo: Chevron Corp

 Chevron Corp. reported a first-quarter loss as slumping oil prices continued to drag down revenue. The company said that it is "on target" to lay off a total of 8000 workers by the end of 2016, up from a previously stated goal.  


Indonesian Approved $1.5 bln of O&G Projects from Jan-Apr

Courtesy Skkmigas  SPECIAL TASK FORCE FOR UPSTREAM OIL AND GAS BUSINESS ACTIVITIES REPUBLIC OF INDONESIA

Indonesia's upstream oil and gas regulator, SKK Migas, approved development plans for 18 oil and gas projects from January to April, with a total investment of $1.496 billion, it said in a statement on Sunday. SKK Migas estimated the cumulative oil and condensate production from the 18 projects


Australia's Gorgon LNG Export Facility to Resume Ops

Chevron has begun to restart its Gorgon liquefied natural gas (LNG) export facility in Australia following its unplanned shutdown in April, the U.S. energy major said on Wednesday. "We confirm start-up activities are underway on Gorgon train one with a plan to safely resume production in


Chevron to Lease Chouest's Brazil Vessel Base

Chevron plans to sign a 5-year agreement to lease berthing space for its vessels from U.S. oil service company Edison Chouest Offshore, Chouest's head of Brazilian operations said on Tuesday.   Chouest's 950-million-real ($275 million) base is located at Prumo Logistica's Port of Acu


Refiners Cold, Oil Unsold amid Nigerian Chaos

Refineries from India to the United States are backing away from buying Nigerian oil amid heightened uncertainty about deliveries as the country squares up to militants in the restive Delta region.   Their reluctance to buy is limiting the prices Nigeria can get for its oil even as there is


Gas Plant Fire Halts US Gulf Coast Platforms

At least two offshore oil platforms halted operations on Tuesday in the U.S. Gulf of Mexico after a fire at a natural gas processing plant in Mississippi shut a crucial pipeline that brings output onshore, several companies said.   The fire at Enterprise Products Partners plant in






 
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