Chevron looking at IITs for engineers
By siliconindia   |   Saturday, 29 December 2007, 16:57 IST
Printer Print Email Email
The reputation of Indian technical institutes is spreading far and wide. Chevron Corporation a U.S. based largest global energy companies, will be recruiting from Indian institutes for its global operations. The company will soon start campus interviews at IIT Kanpur and Chennai, as part of its plan to hire 6,000 engineers, including chemical engineers, worldwide. The company was in talks with the Indian Institutes of Technology (Kanpur and Madras), said Jeet S Bindra, president, Chevron Global Refining. Chevron currently recruits from countries like the UK, South Africa and Brazil. The employee number of the company is around 58,000 people across 180 countries. The company conducts business across the entire energy spectrum, including exploration, production, and transportation of crude oil and natural gas together with refining, marketing and distribution of fuel and other energy products and services. "We are planning to integrate our ability to process unconventional sources of hydrocarbons into high-value products, as well as work more strongly on developing alternative sources of energy without contributing to greenhouse gas emissions. We will recruit professionals including chemical engineers," added Bindra. Chevron had invested $2 billion in developing energy transformation technology as well as geo-thermal sources of energy in the last two years and plans to invest another $2.5 billion for the same in the next two years. Bindra refused to disclose the company's plans in India Chevron has a 5 per cent stake in Reliance Petroleum, and has signed a Memorandum of Understanding (MoU) with the company that will allow Chevron to explore the possibility of collaborating across the entire value chain from exploration, production, movement of crude oil and natural gas, refining and distribution, marketing potential bio-fuels technology centered establishments.

siliconindia