Chevron has filed a request to buy 70% in an oil and gas exploration block offshore southwest Greece in what would be another step in the U.S. supermajor’s expansion in the Eastern Mediterranean.
Chevron has agreed to an asset swap with Petróleos de Venezuela S.A. (PDVSA) that will expand its position in the country’s heavy oil sector while divesting certain gas assets.
Chevron has taken final investment decision (FID) on the Aseng Gas Monetization Project offshore Equatorial Guinea, advancing development of gas resources tied to its operated assets in the country. The project, led by Noble Energy EG Ltd., a Chevron subsidiary, will develop gas from the Aseng field using existing midstream infrastructure. The approach is designed to accelerate timelines […]
Subsea7 has been awarded a subsea installation contract for the Aseng Gas Monetization Project offshore Equatorial Guinea, supporting development of a single-well tieback to existing infrastructure. The contract was issued by Noble Energy EG Ltd., a subsidiary of Chevron, and covers installation work linking the Aseng field to the Alen platform. Scope includes the transport […]
Chevron and Shell are reportedly close to sealing deals for oil production in Venezuela following the United States’ takeover of the country’s energy industry, Reuters wrote, citing unnamed sources. Both companies had already secured preliminary deals with the Venezuelan authorities.
Chevron, through its subsidiaries and in partnership with HELLENiQ ENERGY, has signed lease agreements with the Hellenic Republic for exploration rights to four offshore blocks in Greece, expanding its presence in the Eastern Mediterranean.
Chevron has entered Libya’s upstream sector after winning a block in the country’s 2025 licensing round and signing a co-operation deal with the National Oil Corporation, the company said on Wednesday.
Subsea7 has been awarded a substantial contract by Chevron for subsea installation work in the Eastern Mediterranean, reinforcing the contractor’s presence in the region and its long-standing relationship with the operator.
Exxon Mobil Corp. and Chevron Corp. surpassed profit expectations as higher oil production helped offset the blow from lower crude prices.
Turkey’s state energy company is in talks with Chevron Corp to jointly explore for oil and gas, according to a Turkish official familiar with the discussions.