Chevron to participate in Nigeria’s 2025 licensing round
Chevron also plans to commission a drilling rig for a newly discovered resource near Egbami and extend leases on existing Nigerian assets.
08 December 2025
08 December 2025
Chevron also plans to commission a drilling rig for a newly discovered resource near Egbami and extend leases on existing Nigerian assets.
Uzbekneftegaz and Cargill aim to attract long-term financing of up to $3bn, with the possibility of increasing the total to $5bn.
The exploration wells were drilled in production licence PL1140 using the Deepsea Atlantic rig.
The Gorgon Stage 3 development is expected to entail A$3bn ($1.98bn) of investment.
Reganosa will provide the preservation, operation and maintenance services for the onshore section of the Port Kembla LNG terminal.
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