Chevron | Egypt Oil & Gas - Part 2

Equinor Enters Namibia With 17.4% Stake in Orange Basin Block

Norway’s Equinor has signed an agreement with Harmattan Energy Limited, a Chevron subsidiary in Namibia, to acquire a 17.4% participating interest in Petroleum Exploration Licence 90 (PEL 90) in the Orange Basin offsh...

International Energy Companies Sign Over $60 Bn in Agreements with Iraq

Several international energy companies signed a series of non-binding agreements and memorandums of understanding (MoU) with Iraqi officials, valued at more than $60 billion, during the US-Iraq Business Summit in Wash...

Iraq Approves Preliminary Agreements to Study Strategic Oil Export Pipelines

Iraq’s Cabinet has approved the Basra Oil Company (BOC), Iraq’s largest state-owned oil producer, to sign a heads of agreement (HoA) and a non-disclosure agreement (NDA) with a consortium comprising US-bas...

Chevron Starts Drilling New Well at Nargis Gas Field

Karim Badawi, Minister of Petroleum and Mineral Resources, witnessed the launch of drilling operations for a new well at the Mediterranean Nargis natural gas field, to fast-track production from the field, which US en...

Syria Advances First Deep-Water Offshore Energy Project with Chevron and UCC Holding

Syria has designated an offshore block for its first deep-water oil and gas exploration project, in partnership with Chevron, the US energy major, and UCC Holding, a Qatari construction conglomerate, Reuters reported,...

Cabinet Approves two Concession Agreements for Oil and Gas Exploration

The Egyptian Cabinet approved a draft concession agreement for the exploration and exploitation of natural gas and crude oil in the Lotus offshore area in the Mediterranean Sea between the Egyptian government, the Egy...

Chevron, Shell Near First Major Oil Deals in Venezuela After Maduro Capture

International oil majors, Chevron and Shell, are nearing agreements to expand oil and gas production in Venezuela, marking the first major deals since the US capture of President Nicolás Maduro in January, five source...

Badawi, Chevron Advance Talks on Aphrodite Gas Pipeline

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Basil Allam, Country Manager of Chevron Cyprus, via video conference to coordinate the executive steps for connecting the Cypriot Aphrodite gas field...

Chevron in Exclusive Talks to Acquire West Qurna 2 Oilfield in Iraq

Chevron has begun exclusive negotiations with Iraq over the massive West Qurna 2 oilfield, bringing it closer to taking over the asset from Russian producer Lukoil, which is under sanctions, according to Reuters. Chev...

Chevron, HELLENiQ ENERGY Sign Offshore Greece Exploration Leases

Chevron Corporation, the American upstream-focused producer, has signed lease agreements with the Hellenic Republic, paving the way for hydrocarbon exploration in four offshore blocks in Greece, in partnership with HE...

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