Chevron | Egypt Oil & Gas - Part 16
Qatar Purchases Stake in Morocco Offhore Contracts
The Qatari state oil company, Qatar Petroleum, has reached a deal with Chevron to acquire 30% of its stake in offshore drilling areas in Morocco. Chevron will hold onto a 45% interest in the offshore leases, while Mor...
Kuwait to Resume Operations from Oilfields Shared with Saudi
Kuwait’s Emir, Sheikh Sabah al-Ahmed al-Sabah, announced that stalled operations and exports from oil fields run jointly with Saudi Arabia would resume soon, reported Reuters. The Kuwaiti Emir did not elaborate ...
Chevron Increases LNG Sales to China
Chevron signed its second agreement in the past month to sell LNG to China, Bloomberg reports. The company is preparing to begin shipments from its $54b Gorgon project off northwest Australia. Under the new deal, Chev...
Global Oil&Gas Investments to Fall to Six Year Low in 2016
Global oil and gas investments are expected to fall to $522b in 2016, the lowest in six years, following a 22% drop to $595b in 2015, data published by the Oslo-based consultancy, Rystad Energy, showed, Reuters report...
Chevron Opens Two Gas Wells in Bangladesh
Chevron Corporation, the US oil and gas giant has started producing natural gas from two new onshore wells in the Bangladeshi Jalalabad gas field with an output of around 90,000mcf/day, and plans to open a third well ... Chevron Announces Field Online between Congo and Angola
Chevron Overseas (Congo) has started oil and gas production from the Lianzi Field, located in a unitized offshore zone between the Democratic Republic of Congo and the Republic of Angola, RigZone reported. Discovered ...
Chevron: South Africa Does Not Need a New Refinery
South Africa does not need another oil refinery because the slowing economy has curbed demand and the country has ample petrol production, said Shash Rabbipal, the new chairman at the local unit of Chevron, the second...
Angola’s Sonangol Evaluating Blocks, Resolving Oil Spills
The Angolan state oil company Sonangol issued a statement that it is expected to award concessions and sign contracts with contractor groups in 45 days time, after finishing its examination of onshore oil blocks in th...
