Chevron Energy Technology Company and GE Oil & Gas have formed a technology alliance to develop and commercialize technologies for the oil and gas industry.
TheChevron GE Technology Alliance will build on existingcollaboration between the firms on flow analysis technology for oil and gas wells.This hasled to the development of the GE Safire flow meter, now being tested and deployed on Chevron land-based well production lines in the western United States.
In addition to the flow metering collaboration, which is being conducted with the Measurement & Control business within GE Oil & Gas, the Alliance will also manage a coatings project and will be taking on additional high-value projects in the near future.
GE said the alliance would also leverage research and development from its newest Global Research Center.
GE said:"The alliance provides a mechanism for commercializing early stage technologies from Chevron, GE or other technology partnerships. For example, GE flow meter products will be developed incorporating the swept frequency acoustic interferometry (SFAI) metering technology incubated in an alliance between Chevron and Los Alamos National Laboratory (LANL). SFAI technology was originally developed by LANL for defense applications.
"Los Alamos develops unique technologies for our national security missions and these can have powerful applications for U.S. industry," said Duncan McBranch, chief technology officer for Los Alamos National Laboratory. "Strategic partnerships with industry allow us to accelerate breakthrough innovation in these areas. As the Chevron GE technology alliance demonstrates, national laboratories can serve an important role in connecting different industry partners to strengthen the U.S. innovation landscape.”