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Chevron taps NASA for deep-water technology partnership

22 August 2011: California-based oil major Chevron will work with NASA's Jet Propulsion Laboratory to develop technologies to improve oil and natural gas production.

The alliance will focus first on technologies around power transmission, signal processing and equipment activation on deep-water exploration and production projects. Technology developed at JPL, NASA's main research facility for space vehicles and robotics, can be applied to the extreme conditions the oil and gas industry faces while searching for and production energy from the ocean depths.

Source: Fuelfix