highlights of operations
Through its subsidiaries, Chevron produces natural gas and condensate from three fields in northeastern Bangladesh. To meet the country’s increasing demand for natural gas, we have increased production tenfold in the last decade.
Chevron Bangladesh, with a workforce of more than 2,000 Bangladeshis, has achieved a remarkable safety record while managing its operations. We also work with communities across our operations, building long-term partnerships that foster social and economic development in the country.
exploration and production
All the natural gas and condensate that Chevron produces in Bangladesh is sold to Bangladesh Oil, Gas & Mineral Corporation (Petrobangla), the national oil company. Through Chevron subsidiaries, the company operates three fields – Bibiyana, Jalalabad and Moulavi Bazar – under production-sharing contracts with the government of the People’s Republic of Bangladesh, represented by the Ministry of Energy and Mineral Resources, and with Petrobangla. In 2017, net daily production averaged 642 million cubic feet of natural gas and 4,000 barrels of condensate. Condensate is liquid hydrocarbon produced with natural gas.
Putting innovation to work
Chevron operates the Bibiyana Field in Block 12. In 2014, we announced the start of production at the Bibiyana Expansion Project. The project includes two gas-processing trains, additional development wells and an enhanced liquids recovery facility. The liquid recovery facility started up in 2015.
In the third quarter of 2017, Chevron announced its intent to retain its assets in Bangladesh.
in the community
Chevron Bangladesh invests in activities and programs that focus primarily on economic development, education and health care, reaching nearly 37,000 people in Bangladesh.
Chevron started its livelihood improvement program in 2006 with 200 underprivileged families in Bibiyana. To increase family income, the program provided seed funds, organized villagers into self-help groups and offered skills training. Over the past decade, more than 3,700 families near our three fields have benefited through the creation of more than 2,400 new income-generating enterprises.
In 2014, Chevron Bangladesh announced the Bangladesh Partnership Initiative (BPI), a $10 million, five-year program to promote sustainable income growth among micro and small entrepreneurs and create employment opportunities near the three gas fields in the Sylhet, Habiganj and Moulavibazar districts.
The first BPI effort was the Jibika Project. Launched in 2015, the project was implemented by BRAC, an international nongovernmental organization based in Bangladesh. The project aims to strengthen the governance of 112 community groups with startup capital and training. It is anticipated that 1,500 enterprises will be established, improving the lives of 20,000 marginalized people.
As of December 2016, more than 2,600 training sessions had been offered in leadership, accounts management and enterprise development. More than 1,100 enterprises received credit and seed funds, and 16 groups were formally registered as cooperatives. Thanks in part to a memorandum of understanding Chevron signed in 2015 with Asian Development Bank (ADB), approximately 1,400 youths living in areas near the company’s operations will have access to high-quality engineering and construction training programs. ADB sponsors the program partnership, which comes under the umbrella of the government’s Skills for Employment Investment Program (BAN-SEIP) and is administered by the Ministry of Finance.
In August 2016, Chevron launched Uttoron, a three-year work skills training project implemented by development foundation Swisscontact. The foundation will work with industry associations and training institutes to facilitate training and link trainees with employers in the Greater Sylhet area and nationwide.
In November 2016, Chevron joined BAN-SEIP to launch the British Council–run English for Business Success. This project aims to provide English language training to nearly 3,500 call center trainees nationwide through the Bangladesh Association of Call Center and Outsourcing. As of December 2016, more than 570 call center operators and staff had received training.
creating educational opportunities
Chevron strives to improve the quality of and access to education for students in the areas where we operate. In 2001, we launched our scholarship drive for high-achieving underprivileged students. In 2016, more than 1,500 scholarships were awarded to students from 40 schools. The scholarship program also includes a teacher-training component. In addition, we support programs to improve children’s learning experiences in school.
In partnership with Save the Children, Chevron is improving access to quality education in rural communities near our operations. Approximately 1,200 students have benefited from after-school activities and remedial education.
improving public health
Chevron established three community clinics near our Bibiyana and Moulavi Bazar fields. The clinics have 70 satellite locations that also provide care. More than 100,000 health care services – including lab tests, vaccinations, counseling sessions and more – are provided annually. The clinics are part of the nationwide Smiling Sun Franchise Program, sponsored by the U.S. Agency for International Development and the U.K. Department for International Development and operated by Pathfinder International, U.S.
being a good neighbor
Chevron employees are active members of the community. In the 2014–2015 fiscal year, nearly 800 employees donated blood during Chevron’s annual drive. The Bangladesh Red Crescent Society recognized Chevron as the largest corporate blood donor for 2013 and 2014.
Between 2007 and 2015, Chevron helped plant more than 133,000 saplings near its three fields.
Together, Chevron and BRAC launched a road-safety awareness program for the communities near the Bibiyana gas field and the city of Sylhet. To date, more than 1,000 drivers have received defensive driving training. Safety awareness training was provided to 4,500 schoolchildren and more than 60 teachers at 25 schools in the Bibiyana area.
record of achievement
Chevron has developed three natural gas fields in Bangladesh. The Jalalabad Field was discovered in 1989 and went into production in 1999. The Moulavi Bazar Field was discovered in 1999 and came on line in 2005. The Bibiyana Field, the largest producing field in Bangladesh, was discovered in 1998 and came on line in 2007.
health, environment and safety
Chevron works in partnership with the government of Bangladesh and Petrobangla to develop the country’s energy resources in a safe, environmentally responsible manner. To protect the environment and maintain safe operations, Chevron uses the latest technologies and strict inspection procedures.
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