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Sep 18, 2014
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Sep 18, 2014

Chevron vows to use ‘lessons learned’ after Angola LNG missteps

MINNEAPOLIS (Reuters) – A string of missteps at a $10 billion Angolan liquefied natural gas venture has hurt Chevron Corp’s reputation as a top-notch operator of profitable energy projects around the world.

Chief Executive Officer John Watson vowed Chevron will learn from the stumbles, which include multiple electrical fires, pipeline leaks, and even a worker’s death after a rig collapsed last summer. The company plans to have the LNG project up and running by next year.