Well, it seems that the crown jewel project of Chevron is having more problems. Train 1 (aka production line 1) will be down for a month to repair a faulty valve. This won't be the last time a shutdown happens because of poor engineering, poor equipment or poor workmanship. It will likely happen before the year is out. One third of total deliverable production is down for an entire month, at least. How much more lost revenue will this amount to? Oh well, just keep laying off higher paid and less politically connected employees to make up the difference. Remember all you chevroids, it is the dividend stupid.
38 replies (most recent on top)
The project will be renamed; Gor-Gone when the last person leaving this fiasco turns off the lights.
I'm pretty sure this Gorgon thread has runs it's course from the looks of these comments. I pray that my post is the last. Thanks, guys..
Who knows what the next problem will be? But there definitely will be a next problem.
Train 1 restarted early. I wonder what the next problem is going to be? Massive cost overrun getting ready to be reported? Low LNG prices? Customers mad? Partners mad? Taxman cometh?
I'm pretty sure this Gorgon thread has runs it's course from the looks of these comments. I pray that my post is the last. Thanks, guys.
@NiWjT0Q-bjzw, Wow, you might as well just let your dear ol' mommie type in the post as well, sweetie, since it's obvious you are getting your lame come-back lines from her now - LOL!.
Please don't tell us about the size of your pecker, akes. (Or your I.Q. for that matter). We know both are well below average. LMAO !!!!!
@9pni, That's a little funny, but also terribly pathetic and lame. I'm sure everyone reading this believes you, son. Ha Ha Ha. "Graduate to a fine 25 year old at $2,100. There is a difference and it's not the price."
If you're gonna tell tall tales about the length of your pecker online, at least make it entertaining, Like the last idiot did.
PS - No need for a snappy comeback, it makes you even less credible than you already are, which is less than Zero.
@NiWjT0Q-9pni, Yes indeed, Agree with you 100%, my butthurt brother!!! I don't have taste buds either, and I LOVE single malt. I buy only on price and LOVE the 25 YO mcallan. I have had it twice and had the 30 yo sherry aged once. I mixed it with diet coke - LOL! . When I go to wine tastings, since I can't taste crap anyway, I just drink the most expensive one only and act like I love it and know what I'm doing and make the usual dorky comments about the aroma, nose, and bouquet. To heck with the Lagavulin and Laphroig snobs with all that peat and Islay air and nonsense. Price is the only thing that counts to me !!!! If it ain't over 1 grand a fifth it ain't worth drinking my friend!!!!!
@9ize, Chevron's problems has nothing to do with the price of fine scotch whiskey. If you work for Chevron and are trying to draw an inference between the two... well, you might have a point.
Thinking more expensive means it is better sums up the failings of Chevron perfectly. No wonder we are in a mess.
9qjz - Lagavulin 16 is run of the mill at $80. Graduate to a fine 25 year old at $2,100. There is a difference and it's not the price. Take your stories elsewhere my friend.
-8byv, ROTLFMAO. I have been treated to Mac 25 on several occasions, sir, thank you very much and I enjoyed and welcomed the learning experience. However, Lagavulin 16 buries it at a fraction of the price as do many others, depending on your preference, I can assure you. I can also assure you that I have many years on you, including many years of tasting spirits.
Do yourself a favor. Quit tasting Wine, Scotch, Tequila or any other spirit with your eyes (on the price tag). You can taste much better with your mouth. Try blind tasting next time. Words of wisdom. And No, I do not believe that you did. Save it for someone quite naive.
Whale piss, 7qnw? Go check the price of a bottle of Macallan 25 year old single malt. I'm sure you and few others will spend their hard earned money on that. BTW, it's not whale piss, it's fine stuff if you enjoy scotch.
6bin-6osh : totally agree with both of you. According to Wall street journal today, Australia is looking deeper into Gorgon and Wheatstone tax planning/evasion. I guarantee that Shell and Exxon did not do anything which broke tax law. Chevron's management is so deceitful that anything could happen, even out right tax evasion. Australian government needs to dig deep into Wheatstone/Gorgon and all other CVX investment in Australia. I know that tax laws where "stretched"...to the breaking point. CVX also had greater incentive to break tax law because of cash flow deficits in Australia that Exxon and Shell don't have. Chevron clearly pushed tax law interpretation to the limits. Someone or several managers need to go to jail for breaking the law or fired for ethics violations. Board needs to get involved. It is the quickest way to oust "bad" management. Outside directors, external auditors and Ethics committee need to engage now
@NiWjT0Q-6sej, I sure hope to hell he'll be drinking better than Macallan 25, but of course, He may enjoy blowing his dough on whale Pi$$ just for the name, who knows.
6osh Lots of truth in your post. If you pick your poison (literally) and choose any 5 of the top 10 project investment decisions made by the leadership over the last 13 years and truly do a phase 5 review of these 5 trainwrecks, I don't know how a board can keep any of the decision makers in place. I wonder who will buy the twin towers of doom when Chevron leaves them. The intention of laying off tech experts is not to save money but to pay some of the dividend that dwindling property sales can't.
Watson will retire soon enough and join Kirkland by his private pool to smoke fine cigars, drink Macallan 25 single malt and laugh it up, as they watch Chevron burn from afar.
Watson is so far out of his depth it is beyond belief. He has no concept of the value of technical expertise in complex projects like Gorgon & Wheatstone, so he casually reduces technical staff to "save money." I wonder how many technical experts you could employ for how many centuries with the money lost in the recurring f-ups at Gorgon and other Chevron fiascoes around the world.
Carrying safety, political correctness, and other profit-irrelevant activities to extremes is just another mark of a company that has no clue how to be profitable anymore, and that mistakes activity for accomplishment.
2tcd- If you believe not working for Chevron means "No job, no income, and no life, no purpose to anything on Earth and no contribution to society" well then it seems you work for Chevron and have it all? Your post certainly does not reflect a happy person filled with purpose and enthusiasm. I could only imagine what your fellow employees goes through. Get help as you clearly need it.
In case you not as superior as you imply how this site works is a subject is posted and others comment or trash it. In this case the topic is "Gorgon Shut Down (Again)".
Good luck Sunshine!
wow take that !!!!!
ABU is Chevron's largest non-profit
News article said it was a faulty flow meter, are there any public reports saying that there was anything else wrong? Somewhere else i read that flow is only 85% of capacity right now in all trains, anyone seeing anything that says why (is it because they brought on the gorgon field, when they were previously just running on jansz?)
Don't believe me, 1tdk? That's fine. I come here once a day to laugh my a$$ off at the d---beats like yourself and to remind myself that leaving Chevron was the best thing that happened to me.
LMAO !!! (Honey - throw another lobster in the steamer, please).
@-1vlc - too funny. heard that one before from you. Keep em coming!! LMAO.
(Honey - please put on some popcorn - thanks!)
That is funny, but true. It is a much higher priority at Chevron to have coffe lids on, file BBS reports (tattle tale) and meet company mandated LGBT, gender and racial quotas (because we all know, for a fact, that diversity is strength), than it is to have staff and management who actually know what they're doing and are serious about doing their best.
If ONLY they'd had lids on their coffee cups and diversity in their project teams this wouldn't have happened !
Relax...this isn't anything that another few billion can't fix.
It was the happiest place for me to work before getting laid off. Now I have another happiest place to work. I get the same pay and very similar benefits, so I'm a lucky guy.
Chevron is the happiest place to work according to PGPA. 😂
WS do not know what systems they require and the order they are required for start up leading to first gas ....PRC strikes again ...wont matter they get promoted any way ......oh and pay your tax chevron
Upstream reports that "Wheatstone first cargo could slip back" according to one of the JV partners unless everything works "perfectly".
EGTL.....Don't get me started. Kirkland's jewel in the swamp.
Chevron let go the best engineers and staff, hence the F-ups. But don't criticize the company too harshly. We have the highest quota of politically-correct gender and ethnic classes on the payroll of any super major in the world. All this social engineering crap that Chevron embarked on years ago is now haunting us all. Fire JW at once. He's killing this company.
Article in today's Houston paper detailing several LNG facilities soon to come online along the TX and LA coast by different companies. It also linked this to the current trade with China and probable long term purchase agreements. Looks like to me there's going to be a lot pressure on Chevron to find Far East customers, especially with shutdown issues. Got to have consistent operations to build trust.
The Australian contractors and unions have intentionally left defects when they constructed the plant. A form of job security to milk every ounce out of chevron. It will take 10 years before all these defects are discovered and debottle necked. The other trick they use is as built drawings. There is only one real set. The ones that chevron has are not current. You have to hire the contractors back if you want the real ones. This trick is still being used in tengiz by the contractors. Just keep laying off the staff facility engineers chevron and all your problems and deadwood will go away as previously stated
Can't wait to see how Wheatstone, EGTL, Bigfoot and Tenghiz perform...I suspect more disappointments are coming. This probably foreshawdows disappointing execution in Permian also. We can't even do the easy stuff right.
Stellar CVX. Stellar. It's the poor souls let go that are the dead wood, right? Keep telling yourselves that with gross incompetence like this.