Chevron Corporate Responsibility Report 2010

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Kazakhstan: Sea of Opportunity In 1979, geologists discovered a 1-mile-thick (1.6-km) oil field near the windswept Caspian Sea. They named it “Tengiz,” Kazakh for “sea,” a fitting description considering its location and potential. Today, Chevron is Kazakhstan’s largest private oil producer, holding stakes in the nation’s two biggest oil-producing projects — the Tengiz and Karachaganak fields. We hold a 50 percent interest in Tengizchevroil (TCO), which operates the supergiant Tengiz Field. Our commitment to the region began in 1993 with the formation of TCO and the five-year, $50 million Atyrau Bonus Fund that developed infrastructure projects. Since then, we have continued to cultivate opportunities that result in economic and social change for many Kazakhstanis. Our business is enhanced by strong local suppliers and a skilled workforce. “If you want to do business here, or anywhere else, you have two responsibilities — business and community,” said Jay Johnson, president of Chevron Europe, Eurasia and Middle East Exploration and Production Ltd. “We satisfy both by encouraging our Kazakhstani employees to continue to develop their skills. That is why we work closely with local schools and universities. As the community benefits, so does our business.” At year-end 2010, 85 percent of TCO’s workforce was Kazakhstani. TCO spent nearly $1.35 billion on Kazakhstani services and materials. Ongoing training and education programs contribute to the high number of Kazakhstan citizens among TCO’s workforce and in leadership positions. A Commitment to Human Potential Longtime Kazakhstani employees still talk about adapting to Chevron’s business and engineering standards. Berik Dyussenov, TCO’s Health, Environment and Safety coordinator, said standards today are more stringent than what he saw during Tengiz’s infancy. Chevron’s decision “to partner with Kazakhstan on the Tengiz project was made shortly after Kazakhstan’s independence,” he said. “The partnership brought new opportunities to us working in Tengiz and contributed greatly to our country’s economy.” 18
85% of Tengizchevroil’s workforce in 2010 was Kazakhstani 23 technical universities in Kazakhstan were introduced to an energy efficiency course developed by Chevron $645 million has been spent by Tengizchevroil on social programs since 1993 Gulbarshyn Matniyazova (left) and Kulyan Zhangutty are participants and trainers in the Chevron-sponsored Kazakhstan Artisan Business Development Program. Here, they are creating felt souvenirs for the Olympic Council of Asia’s 2011 Winter Games. 19
Page 1 and 2: 2010 Corporate Responsibility Repor
Page 3 and 4: Partnering for Shared Progress We b
Page 5 and 6: A Message From Our CEO Shared Progr
Page 7 and 8: $56 billion (AU$65 billion) will be
Page 9 and 10: In 2009, Australia’s Ausco Modula
Page 11 and 12: Executive Interview What What is th
Page 13 and 14: Angola: Partnerships and Possibilit
Page 15 and 16: lood banks and the construction of
Page 17 and 18: The century-old relationship betwee
Page 19: The Environment Above: The marshlan
Page 23 and 24: produces high-quality equipment to
Page 25 and 26: 2010 was another year with no recor
Page 27 and 28: lowout,” said Payne. He sees BOPs
Page 29 and 30: Executive Interview Gary Luquette P
Page 31 and 32: $5 million in scholarships was awar
Page 33 and 34: care and disease intervention to th
Page 35 and 36: In Indonesia, two simple words, got
Page 37 and 38: Left: Chevron-funded training and d
Page 39 and 40: 33% is the amount Chevron has impro
Page 41 and 42: GHG Emissions In 2010, our total em
Page 43 and 44: Notes to pages 38 and 39 1 In 2010,
Page 45 and 46: Assurance Statement Scope of the As
Page 47 and 48: We embrace shared progress across o

Chevron Corporate Responsibility Report 2010

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