Nigeria

Chevron has confirmed its winning bid for a deepwater oil block off the coast of Nigeria.

“Chevron continues to evaluate high-potential exploration opportunities across our global portfolio, with Nigeria long being an important part of our business,” said Kevin McLachlan, head of exploration at Chevron.

On his part, Jim Swartz, chairman of Chevron companies in Nigeria and Mid-Africa, added: “Chevron remains committed to working collaboratively with the Nigerian government and our partners to support the development of Nigeria’s oil and gas industry and contribute to the country’s broader economic growth.”