Chevron participates in onshore and offshore production projects in Venezuela.
Through a partnership with Petróleos de Venezuela, S.A. (PDVSA), Venezuela's national oil and natural gas company, Chevron is involved in six important projects in the country.
In western Venezuela, Chevron participates in the nonoperated Petroboscan and Petroindependiente projects. Production consists of heavy and light crude oil, respectively. In eastern Venezuela, we are involved in the Petropiar operation, which produces extra-heavy crude oil and upgrades it into synthetic crude.
Our offshore gas operations include exploration efforts at Cardon III, in the Gulf of Venezuela. In the Delta Caribe project, Chevron was invited to participate in the country's first liquefied natural gas processing unit, called a train. Chevron participates with PDVSA in Block 2 of the Plataforma Deltana, which is scheduled to deliver gas to this train.
All our operations are accompanied by social investment projects that enable growth in the areas where we work. We also make significant contributions to education, health, social and cultural programs.
Updated: March 2011