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Chevron
to move deepwater U.S. Gulf of Mexico platform to sheltered waters
following damage to installation tendons No
injuries, platform undamaged and not connected to subsea wells or tendons
at time of incident SAN
RAMON, Calif., June 1, 2015 – Chevron Corporation (NYSE: CVX) today
advised that the Big Foot tension-leg platform (TLP) will be moved to
sheltered waters from its location in the deepwater U.S. Gulf of Mexico
following damage to subsea installation tendons. The
tendons were pre-installed in preparation for connection to the Big Foot
TLP. Between Friday, May 29 and Sunday, May 31, 2015, several tendons lost
buoyancy. The
Big Foot TLP was not connected to any subsea wells or tendons at the time
of the incident and was not damaged. There are no producing wells at Big
Foot at this time. There were no injuries and there has been no release of
any fluids to the environment. Damage
to the tendons, which are not connected to subsea wells and are used to
attach the TLP to the seafloor, is being assessed. First production will
not commence in late 2015 as planned. Chevron
is one of the world's leading integrated energy companies, with
subsidiaries that conduct business worldwide. The company is involved in
virtually every facet of the energy industry. Chevron explores for,
produces and transports crude oil and natural gas; refines, markets and
distributes transportation fuels and lubricants; manufactures and sells
petrochemical products; generates power and produces geothermal energy;
and develops the energy resources of the future, including biofuels.
Chevron is based in
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