Tuesday, April 26, 2011

U.S Chevron to establish office in Cambodia in May

U.S Chevron to establish office in Cambodia in May

PHNOM PENH, March 22, 2011 (PRU) – Cambodia's Deputy Prime Minister Dr. Sok An has welcomed U.S oil giant oil Chevron to establish its office in Cambodia. This is expected to take place in May this year.

His Excellency Dr. Sok An, who is also the Chairman of Cambodian National Petroleum Authority (CNPA), was informed by Chevron officials that the company has planned to establish its office on May 1 and has reaffirmed its commitment to make further progresses with CNPA. The meeting took place on Tuesday, 22 March 2011.

“We have been working together for years but Chevron has yet to have a
permanent office. We can now achieve a new phase by establishing an office in Cambodia,” Dr. Sok An said in the meeting.

Steve Glick has been appointed as President for Chevron Overseas Petroleum (Cambodia) Ltd in Cambodia.

Dr. Sok An, who is also Minister in Charge of the Council of Ministers, said that having the company’s permanent office in Phnom Penh will be vital to increase the level of cooperation between the company and CNPA on how to prepare and train human resources to work for the company’s project.

“It is very good timing. And you know very well that we need skilled people to work on Chevron’s off-shore project,” His Excellency Dr. Sok An told the delegation.

“We have to pay high attention to human resources.”

Dr. Sok An also said that Cambodia’s ministry of education has been working with the Ministry of Labour and the concerned National Vocational Training Centre for preparations to train the locals on how to work on Chevron’s central production platform and processing facilities.

Chevron’s officials will be visiting the vocational training centre, located on the outskirts of Phnom Penh on Wednesday (March 23).

The company officials said it is a great opportunity and is ready to work with CNPA to get the first oil project running for contribution to the Cambodian economy.

In a meeting with Frank Sampson Jannuzi, Policy Director for East Asian and Pacific Affairs for the majority staff of the Senate Foreign Relations Committee of the United States, Dr. Sok An said that Cambodia expects to produce its first oil in December 2012 from “Block A” where Chevron is drilling.

Dr. Sok An has said that Cambodia will spend the oil revenue wisely in social sectors for the benefit of the nation and its people.