Italy’s Eni could take over Chevron’s stake in and operatorship of the Indonesia Deepwater Development (IDD) gas project by mid-2023, a senior Indonesian energy ministry official said on Tuesday.
Chevron has made a “significant” gas discovery offshore Egypt that is set to be fast-tracked to production via existing infrastructure.
Shell Plc, ExxonMobil Corporation, Chevron Corporation, and Equinor ASA have said they will withdraw their lawsuits of about $3 billion, against the Nigerian National Petroleum Company (NNPC) Limited.