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Chevron, GE Form Technology Alliance

chevChevron Energy Technology within GE Oil & Gas, the Alliance also is Company and GE Oil & Gas have managing a coatings project and will be announced the creation of the taking on additional high-value projects in Chevron GE Technology Alliance, which will develop technologies to solve critical issues for the oil and gas industry.

The Alliance builds upon a current collaboration collaboration on flow analysis technology for oil and gas wells, and will leverage research and development from  GE’s  newest Global Research Centre; the first technology.

“GE brings its leading manufacturing capabilities, worldwide marketing, distribution, and extensive R&D capabilities not only for oil and gas, but also other business sectors to this alliance” said Paul Siegele, president of Chevron Energy Technology Company and chief technology officer. “Together we hope to bring impactful new technologies to the industry.”

“Chevron’s deep understanding of industry allow us to accelerate the oil and gas industry, combined with GE’s long tradition of technology As the Chevron GE technology development and close collaboration with strategic partners, will uniquely position this new alliance to address the industry’s technology needs,” said Lorenzo Simonelli, president and CEO, GE Oil & Gas.

“The solutions developed by this alliance will take on even more industry significance given Chevron’s proven leadership in being first to field-test and deploy new technology breakthroughs.”

This partnership builds upon an ongoing collaboration between Chevron and GE developing the GE Safire (TM) flow meter, now being tested and deployed on Chevron land-based well production lines in the western United States.

In addition to the flow metering collaboration, which is being conducted with the Measurement & Control business within GE Oil and Gas, the Alliance also is managing a coatings project and will be taking on additional high- value projects in the future.

The Alliance provides a mechanism for commercialising early-stage technologies from Chevron, GE or other technology partnerships. For example, GE flow meter products will be developed incorporating the swept Frequency Acoustic Interferometry (SFAI) metering technology incubated in an alliance between Chevron and Los Alamos National Laboratory (LANL). SFAI technology was originally developed by LANL for defence applications.

Los Alamos develops unique technologies for national security missions, and these can have powerful applications for US industry” said Duncan McBranch, chief technology officer for Los Alamos national laboratory. “strategic partnership with industry allow us to accelerate breakthrough innovation in these areas. As the Chevron GE technology alliance demonstrates, national laboratories can serve an important role in connecting different industry partners to strengthen the U.S innovation landscape.”

Chevron is one of the world’s leading integrated energy companies, with subsidiaries that conduct business worldwide. The company is involved in virtually every facet of the energy industry.

Chevron explore for , produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemical products; generates power and produces geothermal energy; provides energy efficiency solutions; and develops the energy resources of the future, including biofuels. Chevron is based in Sam Ramon Calif.

Source: B&FT/ Basiru Adam

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Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
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