21 July 2025
21 July 2025
This strategic move consolidates Chevron's position in the global energy market with a highly advantaged and differentiated portfolio.
The measures aim to increase pressure on Russia and support the EU's objective of securing a just and lasting peace in Ukraine.
This development comes just a year after the company withdrew from one of Iraq's largest producing fields.
The most significant reductions are expected in North and Latin America, resulting in a nearly 4% drop in the company's share price.
Spanning approximately 14 years, the project includes the installation of two-and-a-half million smart meters as well as system support phases.
This contract encompasses EPCI services for subsea structures and flowlines.
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