US energy giant Chevron to invest $1 billion in India, set up new 'tech hub' in Bengaluru

Chevron, a major American energy company, is making a significant investment in India with plans to establish a new engineering and technology centre in Bengaluru. The project, called the Chevron Engineering and Innovation Excellence Centre, or “The Engine,” represents a major milestone for the 145-year-old company, which generates around $200 billion in revenue annually. The purpose of this new hub is to develop innovative solutions that are not only affordable and reliable but also contribute to a cleaner energy future.

This investment is one of the largest that Chevron has made in its history, signalling the company’s commitment to advancing technology that will aid in the global transition to more sustainable energy sources.

More from Tech

How ChatGPT is becoming everyone’s BFF and why that’s dangerous America ready for self-driving cars, but it has a legal problem

The new facility in Bengaluru is expected to play a crucial role in this effort by engaging employees in meaningful work that addresses the challenge of providing affordable energy while also reducing carbon emissions, as per a report by the Times of India

Chevron’s decision to set up this hub in India places it among other global energy giants like Shell, BP, Saudi Aramco, and Sabic, which have already established their technology and digital centres in the country. Shell, in particular, has made significant investments in India, underscoring the strategic importance of the region for the energy sector.

The incoming head of Chevron India, Akshay Sahni, who has a background in mechanical engineering from Punjab Engineering College and a PhD from Stanford, will be leading this initiative. Sahni has extensive experience working for Chevron in various countries, including the United States, Kazakhstan, Venezuela, China, Thailand, and Bangladesh, over the past 26 years. His return to India, which he promised his mother when he first left for graduate studies in the US, is set to take place next month.

Impact Shorts

More Shorts

America ready for self-driving cars, but it has a legal problem

Alibaba, Baidu begin using own AI chips as China shifts away from US tech amid Nvidia row

Chevron’s billion-dollar investment in Bengaluru will be spread over five to six years, with plans to hire 600 employees across various disciplines such as mechanical, civil, petroleum, and computer science by the end of 2025.

The company is in the process of finalizing a long-term lease for office space in Bellandur, located in the city’s IT corridor. In the meantime, temporary facilities have already been secured to kick-start operations.

The Engine will serve as a global solutions centre, supporting Chevron’s operations worldwide through advanced work in digital technologies. A key focus of the centre will be on establishing digital labs, particularly in areas like artificial intelligence (AI) and neural networks.

These labs will conduct a wide range of activities, from using AI and machine learning to analyze subsurface geology — essential for identifying optimal locations for carbon storage and safer drilling site — to creating digital twins of complex industrial facilities. These digital twins will help monitor and optimize operations on a global scale, ensuring a more reliable supply chain.

Robotics will also be a significant area of focus at The Engine. Chevron is already using robotics in various capacities, such as a four-legged robot named “Spot,” developed in collaboration with Boston Dynamics. This robot is capable of navigating industrial sites, equipped with sensors and thermal cameras to monitor equipment and detect potential issues before they escalate.

Overall, Chevron’s new technology hub in Bengaluru is poised to become a vital part of the company’s efforts to drive innovation in the energy sector, ultimately contributing to a more sustainable and efficient global energy landscape.