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Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.

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Rigzone·Apr 16·1 min read

Chevron Expands Heavy Oil Footprint in Venezuela

Chevron has increased its stake in the Petroindependencia joint venture with PDVSA in Venezuela to 49% through an asset swap. This move signifies Chevron's continued commitment to Venezuelan heavy oil

Chevron increases Venezuela heavy oil stake through asset swap with PDVSA

Chevron has increased its stake in Venezuela's heavy oil sector through an asset swap agreement with PDVSA. This deal involves Chevron transferring some of its

Offshore Technology·Apr 14·Chevron Corporation

Chevron and PDVSA shake hands on asset swap in Venezuela

Chevron and PDVSA have agreed to an asset swap in Venezuela, signaling a strategic realignment of their respective holdings in the country. This deal suggests a

Offshore Energy·Apr 14·Chevron Corporation

Aphrodite Group Initiates Prelim Deals for Sale of Cypriot Gas to Egypt

The Aphrodite Group, led by Chevron, has initiated preliminary agreements to sell 100% of the gas production from the Aphrodite field offshore Cyprus to Egypt v

Chevron finds oil at Gulf of Mexico’s Bandit prospect

Chevron has announced an oil discovery at the Bandit prospect in the Gulf of Mexico. This discovery highlights the continued potential for new oil finds in the

Offshore Technology·Apr 10·Chevron Corporation
Apr 3

Mediterranean gas field back online after shutdown due to regional safety woes

Apr 2

Subsea7 wins contract for Aseng gas monetisation project

Apr 1

African gas project ticks FID off the list as Subsea7 scores multimillion-dollar deal

Mar 31

Chevron’s Wheatstone LNG Plant Remains Offline Due to Cyclone Damage