featurenoble energy is now chevron
Chevron has completed its acquisition of Noble Energy, an independent oil and natural gas exploration and production company.
“We are pleased to welcome Noble Energy’s employees and shareholders to Chevron. Noble’s high-quality assets complement Chevron’s advantaged upstream portfolio, and the combination is expected to deliver strong financial benefits.”
Chevron Chairman and CEO
The acquisition of Noble Energy provides Chevron with low-cost, proved reserves and attractive undeveloped resources that will enhance an already advantaged upstream portfolio. Noble Energy brings low-capital, cash-generating offshore assets in Israel, strengthening Chevron’s position in the Eastern Mediterranean.
Noble Energy also enhances Chevron’s leading U.S. unconventional position with de-risked acreage in the DJ Basin and 92,000 largely contiguous and adjacent acres in the Permian Basin.
- Low cost acquisition of proved reserves and attractive undeveloped resource.
- Strategic fit: Noble Energy’s assets will enhance Chevron’s portfolio with a new US onshore unconventional position in the DJ Basin, complementary acreage in the Permian, a large-scale producing Eastern Mediterranean position with additional resource potential and other assets including interest in Noble Midstream Partners, Equatorial Guinea and Eagle Ford.
Our third party relationships are important to us, underpinning our ability to do business and meet our customers’ expectations.
We choose our suppliers carefully, using a transparent selection process. All third parties must operate according to principles that are similar to those in our Code of Conduct. Noble Energy has adopted a risk-based due diligence and monitoring process to ensure it does business with parties that share our values.
customer, vendor and supplier frequently asked questions
Noble customers, vendors and suppliers likely have questions about the Chevron acquisition. This document provides answers to common questions.
supplier training registration
iSupplier Portal – click here
Important: If your company is currently doing business with Noble Energy, but does not have access to the iSupplier portal, please register and complete the training with the links above.
Published: October 2020