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Chevron confirms winning bid for Nigeria Deepwater Oil Block

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.”

Nigeria’s long-delayed AKK pipeline to deliver first gas in July

Fossil Energy – AKK Pipeline

Nigeria’s long-delayed $2.8 billion Ajaokuta, Kaduna, Kano (AKK) pipeline is set to deliver its first gas to Abuja, the nation’s capital, in July, according to officials familiar with the project timeline.

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Nigeria settles OPL 245 dispute with Eni

General – Dispute

The Nigerian government has reached a settlement with Italian energy company Eni and its subsidiary Nigerian Agip Exploration Limited (NAEL) over the long-disputed Oil Prospecting Licence (OPL) 245.

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Shell restarts process for Nigeria’s long-delayed Bonga southwest project

Fossil Energy – Nigeria

Shell has restarted preparatory activity on Nigeria’s long-delayed Bonga South West-Aparo offshore oil project by launching a new tender process for a floating production, storage, and offloading unit.

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Shell completes acquisition deep-water Bonga field

Fossil Energy – Nigeria

Shell Nigeria Exploration and Production Company (SNEPCo), has completed the previously announced agreement and increased its stake in the OML 118 Production Sharing Contract (OML 118 PSC) from 55% to 65%.

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