Chevron Removes Staff From US Gulf Of Mexico Oil Platforms Amid Hurricane Idalia Concerns: Report
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Chevron Corporation has evacuated staff from three of its Gulf of Mexico oil production platforms due to concerns over Hurricane Idalia. All staff were removed from the Genesis platform, while only non-essential workers were evacuated from the Blind Faith and Petronius platforms. Production continues at Chevron-operated facilities.
August 30, 2023 | 12:27 pm
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Chevron's evacuation of staff from its Gulf of Mexico platforms due to Hurricane Idalia may disrupt operations, potentially impacting production and revenues in the short term.
Chevron's decision to evacuate staff from its platforms is a precautionary measure to ensure safety. However, this could disrupt operations and potentially impact production, which could have a negative effect on revenues in the short term. The extent of the impact will depend on the duration of the evacuation and the severity of the hurricane.
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