Outside PresentationAugust 2009

Global Downstream Technology

External Technology Development

About Chevron

A Global Energy company with business activities in over 100 countries

World’s 4th largest publicly traded integrated energy company

More than 61,000 employees

Based in San Ramon, California (San Francisco Bay Area)

125 year history

2008 Revenues -- US $ 265 Billion

2008 Capital Expenditures - $21 Billion2

ExplorationRefiningChemicalsPower

Chevron Headquarters

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Chevron’s Global Downstream Technology (GDT) & ETD

Of the four divisions within Global Downstream, GDT primarily supports Global Manufacturing.

External Technology Development, ETD, a division of the Technical Assessment Team within GDT, has a mission to identify, assess, develop and demonstrate technology from outside of Chevron in support of current and future business needs.

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Global Downstream

GlobalLubricants

Global Supply

and Trading

Global Marketing

Global Manufact-

uring

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• They are our primary customer

• Our primary function is to support the refining sector of our business

• Find technologies outside of Chevron and work with third parties to bring applicable technology into the system

ETD’s Relationship to Global Manufacturing

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Probability of technical success?• Identify technical unknowns• Plan experimental program

to address largest uncertainty first

• Satisfactory IP position

Sufficient economicincentive?• Address a problem that is

worth solving

• Identify potential first user site(s)

Do we have a good partner?• Aligned Commercial

Interests• Adequate competency for

needed tasks• Experienced management

team

Successful Partnerships are built on high qualityTechnology, Business & Management elements

Technology Business Management

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External Technology Development’s (ETD’s) mission is to rapidly identify, assess, develop and demonstrate technology from external sources

ETD Will…• Identify promising technologies at external companies (small, medium and large), and to a

lesser extent, government labs and universities• Assess the fit of the technology to the Downstream’s business challenges• Conduct due diligence on external parties’ technology (including IP) and management team• Help the external parties define their technology development efforts to meet our problem

specifications, when and if needed• Fund and provide oversight of pilot testing and prototype development by external parties• Facilitate the demonstration of technology in a Global Downstream Manufacturing facility• Negotiate and execute agreements with external parties including NDA’s, MTA’s, research

service agreements, license agreements, etc.• Focus efforts on technology that can be successfully demonstrated in 0-5 years.

Conduct assessment, applicability

Identify Opportunities

ConductPilot Testing

Develop Prototype

Demonstrate Success

Define Development

Path

Chevron + You

Technology, Business &

Management Assessment

Investigate Business Models for Technology

Testing and Future Implementation

Testing, Deployment and

Commercialization

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Technology Target Areas

•Waste water treatment

•NOx, SOx, VOC, H2S control

•CO2 Costs

•Applications for hand held devices

•Improved detection

•Energy efficiency •Separation technologies

•Process optimization – Advanced control systems

•Preventive coatings

•Sensors for structural health monitoring

Reliability Process

Environ-mental

Measure-ment

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Specific Problem Definition

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Reliability

•Rotating & Reciprocating Equipment•Valve Life, Chloride and Scale build

•Pigging•Line Changes•Decreased Time

•Corrosion Detection and Monitoring

Reliability

Specific Problem Definition

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Process

•Separations•Gas/Gas – H2 Recovery•Improved water removal from plant air streams

•Crude Treatment – Method of enhancing asphaltene solubility•Process Automation & Equipment Maximization

•Time saving derived operations•Equipment health checking

Process

Specific Problem Definition

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Environment

•Contaminant removal from refinery water streams and fired heaters•Continuous monitoring of water qualities

Environmental

Specific Problem Definition

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Measurement

•Field based Analyzers with improved reliability•GC, O2, specific gravity, for example

•Tank Monitoring inspection•While tank is in and out of service

•On-line chloride (Cl-) detection from hydrocarbon streams

Measurement

ETD - Current Projects Underway

• Crude Pretreatment

• Heavy Oil Upgrading

Process

• Ceramic Coating for Corrosion Prevention

• Naphthenic Acid Reduction

Reliability

• NOx Reduction• Waste Water

Treatment

Environment

• Corrosion Monitoring

Measurement

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Fred Lam – ManagerJoined CVX in 1988. Worked at CRTC, CUSA, TEMA, CTV, own start-up. Experience with hydroprocessing catalyst development, biotechnology, nanotechnology, biofuels. Held positions in R&D, refinery technical support, technology marketing and licensing, business & strategic planning, business development. Education: PhD from MIT, BS Chem Eng from UC Berkeley.

Benjamin Chaloner-Gill – Senior AnalystJoined CVX in 2008. Worked previous 15 years at external companies (ENS, NanoGram Devices Corporation, NanoGram, Valence Tech). Experience with separation technology, battery technology, nanotechnology. Held positions in business development, technology development, technology marketing, R&D. Education: PhD/MS Chemistry from University of Rhode Island, BA Chemistry from Gettysburg College.

Steve Leichty – Staff EngineerJoined CVX in 1990. Worked in El Segundo, Burnaby, Calgary, TEMA. Experience with process engineering, planning, operations, process evaluation, process monitoring and optimization and capital projects. Held positions in plant support, supply and operations coordination, first and second line management. Education: BS Chemical Engineering, Cal Poly, Pomona.

Network of ETC technical SME’s and Global Downstream Manufacturing business/legal/operations personnel to support ETD activities.

External Technology Development Team

Chevron’s External Technology Development Group

Our aim is to establish high quality partnerships where all parties share in successful deployment of technology.

http://www.chevron.com/about/ourbusiness/refiningmarketingtransportation/refining/newbusinessdevelopment/

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