Seems they are doing opposite of us as we abandon our US employee footprint
https://www.worldoil.com/news/2023/9/5/chevron-buys-massive-plot-of-land-for-potential-r-d-facility-outside-houston/
4 replies (most recent on top)
They used to own land out there before the 2015 downturn and eventually sold it:
http://swamplot.com/chevron-to-sell-old-bellaire-campus-all-that-new-land-on-clay-rd/2016-07-22/
Bwahaha - at the same time, if XOM did the same thing to move the Clinton R&D site to Houston, there would be an uproar on this site from a few individuals...
OP Chevron is a real company, with a real CEO, with a real vision and strategy. We are just a joke. I am just waiting for Darren's, Jack's and Neil's positions to be moved to BTC. Imagine all the money the ExxonMobil shareholders will save. That should help KM a lot to reduce "on the ground costs".
They could’ve had our turnkey site in Spring. I heard we’re looking for buyers.