Chevron, GE form technology alliance
Chevron Energy Technology Company and GE Oil & Gas have joined hands to create the Chevron GE Technology Alliance to develop and commercialise valuable technologies to solve critical needs for the oil and gas industry.
The alliance builds upon a current collaboration on flow analysis technology for oil and gas wells. It will leverage research and development from GE's newest Global Research Center. This partnership also draws 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 United States. In addition to the flow metering collaboration, which is being conducted with the Measurement and Control business within GE Oil & Gas, the alliance is also managing a coatings project and will be taking on additional high-value projects in the near future.
The Alliance provides a mechanism for commercialising early stage technologies from Chevron, GE or other technology partnerships.