US energy giant Chevron has named a new boss for its upstream operations in Europe.
Craig May has been appointed to the Aberdeen-based role, the company revealed yesterday.
He has taken over as Chevron’s upstream Europe managing director from Brenda Dulaney, who recently announced her retirement.
The new man at the helm comes to the Granite City from Houston, where he most recently held the position of general manager, facilities engineering, at the Chevron Energy Technology Company. He joined Chevron in 1981 and has held a series of construction, facility, project, and technology management positions in the US, the UK and Australia.
Mr May’s arrival in Europe’s energy capital comes at an exciting time for Chevron in the UK North Sea.
The firm is leading the multibillion-pound Rosebank development, west of Shetland, which it expects to still be producing nearly 30 years from now.
Chevron recently applied for UK Government approval to push ahead with the project 81 miles off Shetland.
Rosebank, which covers an area 13 miles long and three miles wide, is estimated to hold up to 698million barrels of oil.
If even half of that figure was recovered, it would make it one of the UK’s largest oil and gas projects yet to be developed.
Chevron said last year it expected the project to create 300 jobs out of its Aberdeen base, with a further 1,000 supported in the UK’s oil and gas supply chain as the development progressed. The firm, which has a 40% stake in the field, decided to go ahead with the project – reportedly worth about £4billion – after a three-year exploration and appraisal programme.
In April, it emerged Chevron had agreed a £1.24billion deal for Hyundai Heavy Industries of South Korea to build a production vessel for the Rosebank discovery.
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