Chevron 2007 Annual Report Download - page 19

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17
How do you leverage
technology to create
greater business value?
As the worldwide search for new crude oil and natural gas supplies
takes Chevron into increasingly more challenging areas, technology
plays a pivotal role in the company’s success. Chevron’s Energy
Technology Company (ETC) integrates the development and deployment
of technology across the enterprise, from deepwater oil fields to the
development of next-generation energy sources. This integration is
uncommon in the industry and delivers a competitive advantage by
providing full research and development capabilities to Chevron’s
upstream, downstream and emerging energy businesses. ETC is creating
a robust pathway inside our company to improve efficiency, increase
productivity, lower costs and encourage innovation.
Visualization Lab, Chevron Energy Technology Company, San Ramon, California: Seongsik Yoon, senior research scientist.