The ChevronTexaco Corporation
Chevron Corp. and Texaco Inc. merged on September 7, 2001. The new company is now called ChevronTexaco Corporation
Chevron Operating in Angola for over 40 years.
Texaco Operating in Angola for over 25 years.
Nation’s largest petroleum producer – nearly 600,000 barrels a day. Plans to implement, along with partners, significant, billion-plus investments in new developments, including Benguela-Belize and Sanha Condensate field development projects and the Angola LNG project. Nation’s largest oil industry employer – 80 percent of jobs held by Angolan nationals.
Active partner in community with investments in education, health, environment.
Recently was awarded a $200 million contract to develop Cabinda’s oil well services.
US Export-Import Bank guaranteed an $86.6 million in loans for this contract. The further development of the Cabinda concession area will benefit all oil companies operating there.
In 1996, in conjunction with Texaco, signed a production sharing agreement for Block 20 of Angola’s offshore oil site.
Offshore Pipeline International (Texas).
Lists Angola as its most important international market. Recently won a $70 million contract from Chevron’s Angola operations.
Apache International, Inc. (Texas)
Citizens Energy Corporation (Massachusetts)
Global Marine Drilling Company (Texas)
Occidental International Exploration and Production Co. (California)
Pecten International Co. (Texas)
CNRL – Canadian Natural Resources Limited (Calgary – Alberta)