( Turkishweekly ) - Chevron Corporation has announced its intention to open a representative office in Turkmenistan and participate in the development of its hydrocarbon deposits at the Caspian shelf.
The declaration came Thursday during a meeting between President Berdymuhamedov and a Chevron delegation including Jay Pryor, Chevron Corporation vice president for business development, and Ian MacDonald, President of Chevron NeftGaz Russia.
Chevron, that has visited Turkmenistan thrice during the past six weeks, said that it was ready to enter into active participation with Turkmenistan for the development of its hydrocarbon resources at the Caspian shelf.
Chevron also praised the investment environment in Turkmenistan.
A Turkmen delegation will visit Chevron facilities to acquaint with the extent of possibilities for mutual cooperation.
Jay Pryor, who holds a BS in petroleum engineering, is familiar with the Central Asian region. He has worked as manager of petroleum engineering at TengizChevrOil, a joint venture of Chevron and Kazakhstan.
Ian MacDonald is the President of Chevron Neftegas Inc. and also heads the CPC (Caspian Pipeline Consortium).
Chevron Corporation is one of the world's leading energy companies. With more than 53,000 employees, Chevron subsidiaries conduct business in approximately 180 countries around the world, producing and transporting crude oil and natural gas, and refining, marketing and distributing fuels and other energy products. Chevron is based in San Ramon, California.