CATEGORIZED | News

Chevron, GE form alliance to develop technologies for industry

Posted on 03 February 2014

Chevron Energy Technology Co and GE Oil & Gas have created the Chevron GE Technology Alliance, which will develop and commercialize technologies to solve critical issues for the oil and gas industry.

The alliance builds upon a current collaboration on flow analysis technology for oil and gas wells and will leverage research and development from GE’s newest Global Research Center, the first dedicated to oil and gas 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 Co and chief technology officer. “Together, we hope to bring impactful new technologies to the industry.”

“Chevron’s deep understanding of the oil and gas industry, combined with GE’s long tradition of 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 flow meter, now being tested and deployed on Chevron land-based well production lines in the western US. In addition to the flow metering collaboration, which is being conducted with the Measurement & Control business within GE Oil & Gas, the alliance also is managing a coatings project and will be taking on additional high-value projects in the near future.

The alliance provides a mechanism for commercializing 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 defense applications.

“Los Alamos develops unique technologies for our national security missions and these can have powerful applications for US industry,” said Duncan McBranch, chief technology officer for LANL. “Strategic partnerships 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 US innovation landscape.”

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 30 July 2014

    Fugro’s DeepData pod provides data for deepwater riser monitoring

    Fugro has delivered a motion dataset from the BOP stack and lower riser of two deepwater wells in the Barents Sea using its DeepData pods. The DeepData pods...

  • 28 July 2014

    SDI completes 500th MagTraC MWD Ranging project

    Scientific Drilling International (SDI) has completed the 500th MagTraC MWD Ranging project. MagTraC was introduced in 1998 to target challenging applications...

  • 28 July 2014

    Modular offshore rig design reduces deployment costs

    William Jacob Management (WJM) has introduced an offshore rig design that reduces deployment costs and improves speed-to-market for upstream operations. The 3,000-hp...

  • 23 July 2014

    Halliburton promotes Jeff Miller to President

    Halliburton has promoted Jeff Miller to President and has appointed him to the Halliburton Board of Directors effective 1 August 2014. Mr Miller is currently the...

  • 23 July 2014

    Statoil resumes production on Njord A platform

    Statoil has resumed oil and gas production on the Njord A platform in the Norwegian Sea, after a major reinforcement of the platform structure. Production had been shut down...

  • Read more news