Egypt
Eni and Chevron Make Gas Discovery Offshore Egypt
Oil and gas supermajors, Eni and Chevron, have made a new gas discovery at the Nargis-1 exploration well, offshore Egypt.
Menu
Read the latest Archives of oil, gas and energy news.
Oil and gas supermajors, Eni and Chevron, have made a new gas discovery at the Nargis-1 exploration well, offshore Egypt.
A joint venture between Chevron and the Nigerian National Petroleum Company, has secured $1.4 billion to fund a 37-well drilling project from 2022 to 2026.
A Chevron tem desempenhado um papel fundamental no esforço de monetização do gás angolano através de seu projeto “Sanha Lean Gas Connection”, juntamente com a renovação da exploração de petróleo através da construção da plataforma petrolífera Lifua-A.
Chevron has been playing a key role in Angola’s gas monetization drive through its Sanha Lean Gas Connection project, along with renewed oil exploration through the construction of the Lifua-A oil platform.
Chevron is set to join other majors such as TotalEnergies, ExxonMobil and Shell in Namibia’s offshore oil and gas rush with the acquisition of a stake in Block 2813B.
Chevron will sell its assets in Equatorial Guinea for as much as $1 billion to reinvest focus on production hubs in the U.S. and Kazakhstan.
The renewed agreement sees the company extending the concession for 20 years, with the Cabinda Gulf Oil Company Limited as the operator.
Located in close proximity to other producing Blocks, the agreement aims to fast-track exploration of Block EG09.
The acquisition of Noble Energy by Chevron grants entry into Equatorial Guinea’s energy sector.
