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Chevron Confirms Fire Incident On Rig Offshore Nigeria

17.01.2012  |  Business Wire


Chevron Corporation (NYSE:CVX) reports that its subsidiary, Chevron
Nigeria Limited, is working to contain a fire that ignited early this
morning aboard the K.S. Endeavor, a drilling rig offshore Nigeria
operated by FODE Drilling Nigeria Limited. The rig was drilling a
natural gas exploration well, located in the Funiwa Field approximately
six miles (10 kilometers) offshore and in approximately 40 feet (12
meters) of water.


One hundred and fifty-four personnel were on the rig and an associated
barge. Two contractors are still unaccounted for while all others are
safe and undergoing medical examinations at an adjacent production
platform. Aggressive search and rescue activities continue for the two
missing personnel.


'Every effort is being made to find the missing workers. They are our
utmost priority,? said Andrew Fawthrop, managing director, Chevron′s
Nigeria/Mid-Africa Strategic Business Unit. 'We do not know what caused
the incident. We are working diligently to contain the fire, which is
restricted to the rig. Substantial resources have been deployed
including well control specialists and drilling experts. We continue to
work in full cooperation with Nigerian authorities and are committed to
providing additional information as it becomes known.?


Production from Chevron′s North Apoi platform was shut in due to its
proximity to the incident.


Additional updates on the incident are available at Chevron
Updates
.


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;
provides energy efficiency solutions; and develops the energy resources
of the future, including biofuels. Chevron is based in San Ramon, Calif.
More information about Chevron is available at www.chevron.com.


Chevron Corporation

Kurt Glaubitz, 1-925-790-6928



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