Petrofac’s Engineering and Production Services (EPS) division has secured a 12-month engineering services contract extension from Chevron North Sea Limited. The agreement, which has been held by Petrofac since 2014, commenced on September 30…
US oil major Chevron has cut its capital and exploration spending program for a fifth consecutive year, putting aside US$18.3 billion for 2018. In 2017, the budget was set at $19.8 billion, down 42% from 2015, and expected to be 15% lower than 2016…
The first shipment from Chevron’s Wheatstone liquefied natural gas (LNG) project in Australia has set sail for Japan. Wheatstone is Australia’s first third-party natural gas hub, which will enable future development of natural gas resources offshore Western Australia…
Chevron Australia and its 50:50 partner Woodside Energy have acquired exploration interests in three blocks in the Northern Carnarvon Basin off the Western Australia coast. Map of new acreage, from Chevron…
Michael K. Wirth has been named to take the lead at US supermajor Chevron, following the decision of the current CEO John S. Watson to retire, effective 1 February 2018. Wirth. Images from Chevron…
Karen Boman charts Chevron’s success at its large Jack/St. Malo development in the deepwater Gulf of Mexico, a project that was sanctioned just prior to the downturn. McDermott’s North Ocean 102 at work…
Chevron is selling all of its shares in Trinidad and Tobago to Shell’s BG International Ltd. in a US$250 million deal. Image from Chevron Facebook. The deal, signed earlier this week on 29 May…
Wood Group has signed a 10-year master services agreement (MSA) with Chevron that allows them to deliver conceptual engineering, pre-front-end engineering design (pre-FEED), FEED, detailed design and procurement services in multiple locations…
US engineering house KBR has signed a multi-phase 10-year master contract with Chevron to provide engineering and procurement services for Chevron in multiple global locations. Under the master contract, KBR's engineering offices in multiple…
Chevron has discovered oil at an appraisal well at its Anchor prospect in the deepwater Gulf of Mexico, according to partner Cobalt International. Map of Anchor, from Chevron. The…
Chevron has canceled a US$1.8 billion floating production and storage offloading (FPSO) newbuild order with Hyundai Heavy Industries (HHI) that was destined for the supermajor’s Rosebank deepwater project in the North Sea. Illustration of the FPSO…
Chevron started production at the high-pressure, high-temperature (HPHT) gas condensate Alder field in the Central North Sea that will help extend the field life of Britannia. Image of the installation of the Alder subsea isolation valve…
Chevron North Sea has appointed Greta Lydecker as managing director of Chevron Upstream Europe, based in Aberdeen, starting today. Lydecker succeeds Craig May, who was recently appointed to the role of vice president, Upstream Capability…
US supermajor Chevron will cut some 800 jobs in Thailand to keep in line with its plan to cut 4000 from the company this year, and its cost reduction efforts of US$500 million due to the downturn, according to news reports. Image from Chevron…
Supermajor Chevron has cut 655 upstream jobs from its Houston workforce, adding to the list of oil and gas companies that have been hit by the low oil prices. John Watson, from Chevron. “In light of the current market environment…
