Chevron subsidiary Star Deep Water Petroleum won a bid for oil blocks in Nigeria, following approval from President Tinubu.
1 report, 1 independent
Updated Jul 26
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What happened
Chevron subsidiary Star Deep Water Petroleum won a bid for oil blocks in Nigeria, following approval from President Tinubu.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Major oil and gas companies are expanding their global footprint by acquiring exploration licenses and production contracts in Nigeria, Malaysia, and Indonesia.Also in this story
- JV Partners and Renaissance Africa Energy Company successfully completed offshore exploration in Nigerian waters, aiding long-term liquids production.
- INPEX operates an asset in Indonesia.
- Shell is enhancing its Bonga deepwater asset in Nigeria through a partnership with Temile Development Company.
- TotalEnergies partnered with South Atlantic Petroleum on exploration licenses in Nigeria.
The entities involved
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Nigeria
sovereign state in West Africa
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Bola Ahmed Tinubu
12th Governor of Lagos (1999–2007) and President of Nigeria since 2023
Related events
- Historical context detailing Bola Tinubu's early administration, including the removal of the petrol subsidy and the role of Sharon Ikeazor.
- An oil company has been operating in Imo State since January 1995.
- Nigeria and Indonesia are deepening bilateral cooperation, with Indonesia seeking to increase investment in Nigeria's oil and gas sector.
- Higher crude oil costs are driving price increases, while President Tinubu took a working holiday in Europe.
- President Tinubu initiated major economic reforms in Nigeria, including overhauling the tax agency FIRS and approving naira payment plans for crude oil.
Coverage
Newest first; wire copies grouped- newsghana.com.ghChevron subsidiary wins Nigerian oil block in 2025 licensing round | NewsGhana