Chevron is one of the world's largest energy companies. Headquartered in San Ramon. California USA. And is the first company that has a concession from the government of Thailand in the exploration of petroleum operations in the year2505, since then the company has continued to invest in exploration and development of domestic energy sources. It is considered as one of the top international companies. Invested in the most more than 100 countries worldwide Cover the full range of energy. From exploration and production, refining, marketing and transportation. Chemicals manufacturing and sales Including electricity
Reason and necessity to make concessions to foreign companies.
Exploration and Production business is high risk and invested a large amount. Penetration in each hole survey will require approximately 2-10 million U.S. dollars (60 - 300 million baht) a chance to find new petroleum sources. There are quite a few. The government has a policy to encourage private companies in both Thailand and abroad. The survey for petroleum on land and at sea. The Fuels Division Department of Mineral Resources Ministry of Industry (now is the Department of mineral fuels, the Department of energy) as a regulator.
Including the promulgation of the Petroleum Act. 2514 to allow the concessionaire. Proceeded the survey seriously. Finally achieve success as a country to produce petroleum from domestic sources is important in the Gulf of Thailand. The government also has measures to promote technology transfer to the concessionaire. Personnel Thailand has developed and wage increases. Conclude that The survey petroleum requires high investment. it is not worth it. If the arms budget money to the investment risk.