
Chevron, EGAS sign at least $88 million Lotus offshore deal
Chevron and EGAS have signed an agreement covering at least $88 million of investment for two exploration wells and 3D seismic reprocessing in Egypt’s offshore Lotus area.

Chevron and EGAS have signed an agreement covering at least $88 million of investment for two exploration wells and 3D seismic reprocessing in Egypt’s offshore Lotus area.

Mitsui O.S.K. Lines will deploy two Wind Challenger sails on a 174,000 m³ LNG carrier, with annual fuel savings of 6-7% and up to 12% on an Atlantic voyage expected.

Shell and Chevron have struck a deal linked to exploration and production rights over Ghana’s offshore South Deepwater Tano Block.

Chevron has reported a hydrocarbon discovery from the 105-4X well in Angola Block 0, where drilling found more than 600 m of hydrocarbon column and over 90 m of net pay.

Sarens completed lifting, weighing, transport and load-out work for Angola’s South Ndola project, including a 1,150 t jacket, pin piles and a 575 t topside.

Chevron has started drilling a new gas well in Egypt’s Narges field with Eni, Mubadala and Tharwa Petroleum Company.

TotalEnergies and Chevron are advancing offshore drilling and appraisal work in Nigeria as West Africa’s deepwater sector attracts renewed investment interest.

The US Supreme Court has reopened the federal court question in Chevron’s $745 million Louisiana coastal lawsuit, sending the case back to the Fifth Circuit for further review.

Chevron has agreed an asset swap in Venezuela that lifts its Petroindependencia stake to 49% and gives Petropiar rights over Ayacucho 8, while offshore gas interests move to Venezuela.
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