Chevron starts sale of several North Sea oil and gas fields

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Rosebank field is located offshore of the Shetland Islands, UK. Rosebank will have 15 subsea production wells and water injection wells drilled from four subsea manifolds.

Today Chevron is the owner of the Standard Oil trademark in 16 states in the western and southeastern U. To maintain ownership of the mark, the company owns and operates one Standard-branded Chevron station in each state of the area, [18] although its status in Kentucky is unclear after Chevron withdrew retail sales from Kentucky in July The Chevron name came into use for some of its retail products in the s.

The name Calso was also used from to in states outside its native West Coast territory. In , Saudi Arabia granted California Standard a concession to find oil, which led to the discovery of oil in Standard Oil of California and Gulf Oil merged in , which was the largest merger in history at that time.

To comply with U. The refinery is currently owned by Sunoco. Among the assets sold off were Gulf's retail outlets in Gulf's home market of Pittsburgh , where Chevron lacks a retail presence but does retain a regional headquarters there as of , partially for Marcellus Shale -related drilling. Chevron would sell the Gulf Oil trademarks for the entire U.

On May 9, , ChevronTexaco announced it would drop the Texaco moniker and return to the Chevron name. Texaco remained as a brand under the Chevron Corporation. Chevron and the Los Alamos National Laboratory started a cooperation in to improve the recovery of hydrocarbons from oil shale by developing a shale oil extraction process named Chevron CRUSH. In September , Total S. In , Chevron announced to exit South Africa, where it has had a presence for over a century. In October , Chevron announced that it is cutting up to 7, jobs, or 11 percent of its workforce.

As of December 31, , the company had Daily production in was 2. In , Chevron was the fourth largest producer in the region. It also explores and drills the Marcellus Shale formation under several northeastern US states. It also produces natural gas from Western Australia.

Chevron has interests in four concessions in Angola, including offshore two concessions in Cabinda province , the Tombua—Landana development and the Mafumeira Norte project, operated by the company. It is also a leading partner in Angola LNG plant. In Kazakhstan, Chevron participate the Tengiz and Karachaganak projects. As of , the Rosebank oil and gas field west of Shetland was being evaluated by Chevron and its partners.

Chevron drilled its discovery well there in Production is expected in if a decision is made to produce from the field. The geology and weather conditions are challenging. In , Chevron processed 1. Chevron is the non-operating partner in seven joint venture refineries, located in Australia, [66] Pakistan , [67] Singapore , Thailand , South Korea, and New Zealand.

Chevron also owns an asphalt refinery in Perth Amboy, New Jersey; however, since early that refinery has primarily operated as a terminal. Chevron Chemical produced paraquat. Chevron Shipping Company, a wholly owned subsidiary, provides the maritime transport operations, marine consulting services and marine risk management services for Chevron Corporation.

Samuel Ginn , William E. Crain, Kenneth Derr , Richard Matzke and most notably Condoleezza Rice were among those honored, but the ship named after Rice was subsequently renamed as Altair Voyager. The Chevron's alternative energy operations include geothermal, solar , wind, biofuel , fuel cells, and hydrogen.

Chevron operates geothermal wells in Indonesia providing power to Jakarta and the surrounding area. In the Philippines , Chevron also operates geothermal wells at Tiwi field in Albay province, the Makiling-Banahaw field in Laguna and Quezon provinces. It consists of technologies from seven companies, which Chevron is evaluating for large-scale use. As of , the project is the largest of its kind in the world. In , Chevron began reducing its investment in renewable energy technologies, reducing headcount and selling alternative energy-related assets.

Chevron's corporate headquarters are located in a acre campus in San Ramon, California. The company moved there from its earlier headquarters at Market Street in San Francisco, California , where it was located since its inception in Chevron is also planning a new office tower in downtown Houston next to its existing properties at Louisiana Street.

Upon completion, it will be the fourth tallest building in Houston and the first story building constructed there in nearly 30 years.

Condoleezza Rice is a former member of the board of directors, and also headed Chevron's committee on public policy until she resigned on January 15, , to become National Security Advisor to President George W. Texaco and Gulf Oil began operating in the Oriente region of Ecuador in as a consortium. In , the Ecuadorean government signed an agreement with Texaco accepting the clean-up as complete and absolving Texaco of any further responsibility.

That same year, an Ecuadorean scientific team took water and soil samples after Texaco left and found petroleum hydrocarbons at unsafe levels in almost half. The clean up was called "a sham" by critics. Chevron described the lawsuit as an "extortion scheme" and refused to pay the fine. In November , the international arbitration tribunal issued a partial award in favour of Chevron and its subsidiary, Texaco Petroleum Company. The tribunal has found Chevron is not liable for environmental claims in Ecuador.

In March , a United States district court judge ruled that the Ecuadorian plaintiff's lead attorney, Steven Donziger , had used "corrupt means," including "coercion, bribery, money laundering and other misconduct," to obtain the court verdict in Ecuador.

The judge did not rule on the underlying issue of environmental damages. While the US ruling does not affect the decision of the court in Ecuador, it has blocked efforts to collect damages from Chevron in US courts.

In April , AmazonWatch released videos reportedly sent from a whistleblower inside Chevron. The videos purportedly show employees and consultants finding petroleum contamination at sites in the Ecuadorean Amazon that the company claimed was cleaned up years earlier. These videos were confirmed as legitimate by Chevron legal counsel. The company further stated that it is not possible to determine from the videos whether the sites shown are the responsibility of Chevron or its former partner, Petroecuador.

According to Amazon Watch, the videos contain a map confirming that the sites are Chevron's, and contain footage of interviews with villagers known to live in the area for which Chevron is responsible. In September , an international tribunal ruled in favor of Chevron Corp finding that Ecuador had violated its obligations under international treaties. Chevron continues to take oil from the Amazon region at large.

In El Segundo was the single largest refiner in the U. In , Chevron's operations in Africa were criticized as environmentally unsound by Nigerian researchers, journalists, and activists. On October 16, , Chevron U. In , Chevron was recognized by the environmental group Ceres for its efforts to reduce global warming by cutting its own emissions and investing in renewable energy technologies.

Soon after, it began reducing its investments in renewables. Cobasys LLC was a supplier of nickel metal hydride NiMH batteries, battery control systems, and packaged solutions for automotive applications, uninterruptable power supplies , telecommunications applications, and distributed power generation. After arbitration between the owners had stalled, a buyer was found. Sherry Boschert accused Chevron of limiting access to large NiMH batteries through its stake in Cobasys corporation and control of patent licenses in order to remove a competitor to gasoline.

The Cars that Will Recharge America , published in February , Sherry Boschert argues that large-format NiMH batteries are commercially viable but that Cobasys refuses to sell the batteries or license the technology to small companies or individuals.

Boschert argues that Cobasys accepts only very large orders for the batteries. Major automakers showed little interest in placing large orders for large-format NiMH batteries.

Because no other companies were willing to place large orders, Cobasys was not manufacturing or licensing large format NiMH battery technology for automobiles. Boschert concludes that "it's possible that Cobasys Chevron is squelching all access to large NiMH batteries through its control of patent licenses in order to remove a competitor to gasoline. Or it's possible that Cobasys simply wants the market for itself and is waiting for a major automaker to start producing plug-in hybrids or electric vehicles.

Cobasys just needs an infusion of cash. They build a great battery". In October , International Acquisitions Services and Innovative Transportation Systems filed suit against Cobasys and its parents for failure to fill an order for large-format NiMH batteries to be used in the electric Innovan. International filed suit against Cobasys, on the ground Cobasys did not tender the batteries it agreed to build for Mercedes-Benz's planned hybrid SUV.

While control and human machine interface HMI are still important, today's DCSs have evolved to place increased emphasis on integrating plant-wide asset and operational information to enable operational excellence. Process automation end users are under more pressure than ever to do more with less. The current economic climate means that many automation capital projects are on hold. With capital budgets tighter than ever, users instead focus on operational budgets where cost cutting is also a key concern , or on automation investments with a very rapid return on investment.

In today's dynamic industrial marketplace, the only constant is change. Raw material costs, energy costs, market demands, environmental and safety regulations, technology, and even the nature of the labor force itself are constantly changing, and not always in predictable directions.

Migration of a refinery's DCS provided an opportunity to reconfigure and consolidate the control rooms and operational management system. Process plants are run according to operational procedures. These procedures consist of a set of tasks that are executed in a consistent manner to achieve a specific objective, such as starting up, shutting down or transitioning a unit as part of making a product.

In times of abnormal operations, systems are configured to produce lots of data — humans are not configured to handle or interpret them. However, when presented with the right information, in the right context, during an abnormal condition, humans are able to do things machines cannot. Martin te Lintelo, Yokogawa Europe B. As demand for LNG increases worldwide, players face seemingly conflicting challenges.

On one hand, they must expand capacity in different regions, make the business and production as agile and adaptive as possible, and improve operational efficiency. The LNG sector presents challenges for the automation supplier, particularly in the implementation of automation systems for regasification terminals. Yokogawa Europe's business development manager, upstream oil and gas Martin te Lintelo looks at the handling of the potential automation-related problem areas and opportunities.

Partnering with Saudi Aramco, Yokogawa is providing local project execution including testing and implementing a continuing policy of Saudisation. Many published papers discuss the benefits of subsea HIPPS and many studies show the potential cost-benefit analysis of this technology in deepwater applications. An internet search for subsea HIPPS is informative; however, little appears that discusses the systems already delivered and operating successfully.

Eduard van Loenen and Frank Horden, Yokogawa, describe utilising a modern SCADA system as a collaboration centre platform for bringing 'real-time' operations, maintenance and business information sources together in one integrated visualisation environment. Chevron turns to deeper relationships with fewer suppliers to increase project execution consistency.

Using wireless for gas detection is a very flexible method, and allowed ExxonMobil to establish it as a redundant system. Trinity integrated Systems' iDefine Suite reduces errors and streamlines design of safety instrumented systems. Natural gas pipelines are among the last users of pneumatic controllers, but a more modern digital approach provides many benefits. Offshore and deep-water production has been a significant factor in the sustained growth of the oil and gas industries over the past decade and this trend is expected to continue beyond Honeywell and Yokogawa have both been producing Distributed Control System DCS platforms for decades, and both are very active in this area.

These two competing systems emerged from a similar place, oil refining and petrochemical industries, so they started out with similar basic concepts and use cases in mind. Machines can support humans when facing a stressful situation.

Using a standards-based approach can reduce the likelihood of a problem escalating. Writing and reading of parameters and user programs of the YS, and PID tuning and monitoring of user programs can be performed through the use of communication.

How much do you know about pressure transmitters? Are you accurately, quickly and reliably measuring pressure? Ultimately, the drive of any good pressure transmitter is to get an accurate, reliable pressure measurement to the data user quickly. This video gives you the answers to your basic questions about pressure and pressure transmitters. Join this webinar to better understand which manifolds you should use for specific applications and conditions.

Looking for more information on our people, technology and solutions? Upstream The upstream industry includes offshore and onshore activities including wellhead automation, fractionation, completion, and separation to recover and prepare underground or underwater crude oil and natural gas.

Pipeline The right pipeline control and instrumentation can make a huge difference in terms of performance and profitability. Details Resources Videos News. Indian Oil Corporation Ltd. This is a real solution package and a good tool for the plan-do-check-act PDCA cycle to achieve operational excellence in the plant.

Yokogawa completes automation replacement. A one-team approach by BP and Yokogawa was achieved by managing the business relationship in an open, performance-focused, and collaborative manner. Thanks to Yokogawa's highly reliable systems and products, a safe working environment has been achieved.

Fast implementation of integrated gas pipeline automation system Full integration of the leak detection package with allocation, nomination and billing system. Successful implementation thanks to coordination, team spirit and parallel engineering Online modifications without stopping production through user friendly engineering tools. World's largest control systems and PIMS for securing production over an extended period Fully-automated, alarm-free operation and reduced total cost of ownership.

All operation data can be directly utilized for gas allocation and billing. Yokogawa's integrated solution contributed to reliable and efficient operation.

All the instrument information is fully integrated with the instrument management system. NAM needs to remotely monitor field devices and organize their maintenance schedule. True value in instrument diagnostics and preventative maintenance with powerful software tools like DTM.

Site survey, creation of a function design specification FDS from the existing TDC system database, documentation verification. By installing this onto the existing system, the ever greater data streams became easier to manage. Iran Oil and Gas -Latest news about the Iranian oil and gas industry. The Guardian Special Reports: Oil and Petrol -Posts the latest news, prices and articles related to the oil and petroleum industry.

Energy News -Features the latest oil and gas news from Iran. Petroleum Economist -International journal analysing oil, gas and power developments. Access to some sections is available by subscription. Platt's -Features global energy news. Schlumberger -Provides oilfield services and IT consulting. World Oil Magazine -Covers oil and gas exploration, drilling and production news. WRTG Economics Oil News -provides data, analysis, planning and forecast services primarily for the energy and petrochemical industries.

Oil and Gas News -Provides the latest energy news from major wires. China National Petroleum Corp. Iran -A wealth of economic information about Iran. Document search for "Iran.