Chevron’s Infrastructure Evolution
Chevron’s Infrastructure Evolution
Chevron Corporation is one of the globally renowned integrated energy companies that have mainly realized growth through mergers and acquisitions. Today, the company has cut a niche for itself within the market. Chevron Corporation has approximately 62,0000 employees. The company’s IT infrastructure is an imperative aspect that has influenced its global operations (Bednar & Hickman, 2020). Being a technology-driven business, the company faces various threats of cyber-related threats and attacks. Their ultimate goal is to upgrade its IT infrastructure to enhance theirs constantly. Operations and overcome various challenges that may arise. Simultaneously, the company is constantly looking for new technologies that they can utilize in harnessing liquid natural gas and extract gas and oil as they carry out various operations at various scales. This study evaluates the issues faced by Chevron Corporation and the resolutions they implemented to overcome these challenges.
One of the main challenges that Chevron Corporation faces include technical difficulties related to the region’s challenging geography within which its operations are based. More so, major problems are experienced in the exploitation of the hydrocarbon and deep-water extractions. As a result, this slows down the process of extracting oil and gas. Furthermore, being a technology-driven company, Chevron Corporation is bound to face many challenges ranging from data collection, storage and dissemination through its vast branches globally (Gallant, 2012). With the increase in cyber terrorism, the company’s system is highly susceptible to attack. It deals with highly flammable products. In the event of an error or system compromise, it could have devastating consequences.
The company has increasingly adopted the Supervisory Controls Data and Acquisition (SCADA) techniques used to the motor. It remotely controls Chevron’s geographically distributed operations, which controls their oil and gas pipelines. Like any other technology company, its IT infrastructure is susceptible to hackers (Gallant, 2012). Their SCADA networks, despite being isolated, their inter-connectivity has raised concerns on the hacker’s potential as they devise more sophisticated methods to use while carrying out their malicious acts.
Several solutions can be implemented to solve the issues affecting the company. First, the company has adopted seismic imagining technology into its operations. The technology has come in handy to enhance the company’s exploration and discovery rate. Chevron Corporation has improved its capabilities of scoring beneath the surface, better results and accuracy by adopting this technology. Furthermore, Chevron Corporation uses technology to locate oil and gas reservoirs, even in the most challenging terrain. This has improved the company’s efficiency in locating potential wells and drilling them. With seismic imaging with advanced velocity models, Chevron is among the first companies to leverage the seismic technology with evolves (Chevron.com, n.d.). It constantly commits resources to intent and adopts more cost-efficient technologies with minimal errors and increased efficiency with more accurate operations. Secondly, the company utilizes data collection and acquisition to facilitate safe operations and minimize risk form safety issues. The technological sensors’ data to optimize work at the refineries efficiency and facilitate the control of its over 60,0000 valves ensures end to end safety.
Moreover, the company being business-oriented has adopted cloud computing to Software as a Service (SaaS) technologies. SaaS technology facilitates efficiency in the running of the day to day operations of the company. It also helps to scale down on security risks and threats. The current IT infrastructure is Chevron Corporation’s core competency. Therefore, the idea of moving their operations to the cloud has enabled the company to ensure secure data transfer among its stakeholders. For instance, the partners through a service provider can access data in chevrons intranet (Bednar, & Hickman, 2020). Additionally, the company predicts simultaneous operations eliminating extra mobilization costs. Being a global company, Chevron Corporation anticipates better IT and business alignment through the use of cloud being an efficient and ideal mode of business transactions to ease monitoring, visualization and analytics.
Furthermore, the use of advanced d sensors will guarantee the continued success of the oil and gas company. With a particular focus on me, for Chevron to eliminate the cyber threats and other technology-related issues, it must invest in up to date precautionary measures to be constantly on the event of any abnormal events with their system (Bednar, & Hickman, 2020). Notably, fiber optic sensors to monitor gas and oil wells will benefit the company since the technology is highly viable. It will help address the high pressure and temperature, which has been one of its major challenges during exploration.
Chevron faces a lot of multifaceted issues in its day to day running of operations. With its operations spread throughout the globe, managing operations can provide technical, being a technology-reliant company. It is prone to cyber threats and attacks to try and jeopardize their operations. Being an oil and gas exploration company, it experiences challenging geography requiring up-to-date technology to facilitate operations. Seismic imaging and fiber optic sensors have revolutionized operations. This is an indication of the pros of technology despite the challenges it possesses.
Bednar, N. R., & Hickman, K. E. (2017). Chevron’s Inevitability. Geo. Wash. L., Rev., 85, 1392.
Chevron.com (n.d.). “Seismic Imaging.” Retrieved from: http://www.chevron.com/deliveringenegy/oil/seismicimaging
Gallant, J. (2012). Chevron’s CIO Talks Transformation and Why IT Leaders Should Smile. Retrieved from: http://www.cio.com/article/print/704095