Logo of Phnom Penh Post newspaper Phnom Penh Post - Oil and gas giant Chevron rotates local personnel

Oil and gas giant Chevron rotates local personnel

Oil and gas giant Chevron rotates local personnel

After two and a half years, Chevron’s Cambodia country manager, Steve Glick, will move on from his position in what the oil and gas giant called a routine rotation, according to a statement released yesterday.

Glick, who came to the job in 2011, will be “taking up a new role within the company and handing over his responsibilities in Cambodia to Mr Barry Andrews in November 2013 as part of that succession plan,” Chevron spokesman Alex Yelland said yesterday in an email.

Yelland did not immediately respond to questions about whether Andrews, who was listed in media reports earlier this year as the head of Chevron in Vietnam, would work in the Cambodia office or a regional location.

Chevron has been in Cambodia for over a decade. In a 2011 interview, Glick told the Post that the company spent more than $160 million on assessing the commercial viability of extracting oil from Cambodia’s offshore block Block A, which covers 4,709 square kilometres in the Gulf of Thailand. Chevron has a 30 per cent interest in the block, according to the company’s website.

In August, 2010, Chevron determined that the level of oil reserves made the project economically viable. Prime Minister Hun Sen wanted oil to flow by the end of last year, but production has not yet commenced. Chevron officials reportedly told the government that 2016 was a more realistic target date for commercial extraction.

Since the 2010 assessment, Chevron has been working with the Cambodia National Petroleum Authority (CNPA) to obtain a production permit to begin extraction. Meanwhile, details on the project have changed very little.

“I don’t want to comment on the deadline because it is based on the company’s financial investment decision, resulting from the internal rate of return,” said Men Den, a spokesman for the CNPA, when asked about the progress of extraction from Block A.

When asked about negotiations, Chevron would not elaborate.

“We continue to work with the Royal Government of Cambodia to obtain project approvals and progress the Block A Project,” said Chevron spokesman Yelland.

MOST VIEWED

  • Prince injured, wife dies after accident

    THE wife of former First Prime Minister Prince Norodom Ranariddh, Ouk Phalla, 39, died while the prince was “severely” injured following a road accident in Preah Sihanouk province’s Prey Nub district on Sunday morning, officials said. Rananriddh, who is also the president of the Funcinpec

  • Bun Heang mocks US, threatens its citizens in scathing open letter

    After being hit with sanctions from the US Department of Treasury, Cambodian General Hing Bun Heang said he would retaliate against any US national who does not respect his country’s sovereignty, has ambitions to invade Cambodia or incites “traitors” in the Kingdom to do

  • Guards protest dismissals, reject claims of sharing naked photos of child

    Some 20 former security guards at the US Embassy in Phnom Penh protested on Tuesday against their dismissal. They accused their employers of falsely claiming they had viewed and shared child pornography from their mobile phones as grounds for their termination. In total, 32 personnel were dismissed

  • Funcinpec urges probe into deadly Preah Sihanouk accident

    THE Funcinpec party has urged the government, especially the Ministry of Interior, to investigate the traffic accident in Preah Sihanouk province which left Prince Norodom Ranariddh badly injured and his wife Ouk Phalla dead. Funcinpec Vice President You Hokry told reporters at Botum Votey pagoda,