Chevron is set to explore for oil and gas offshore Guinea-Bissau in two blocks in the MSGBC basin.
The company made this known in a statement on Monday, November 3, 2025.
The Mauritania, Senegal, Gambia, Bissau and Conakry (MSGBC) basin is a geological region in West Africa that has become a major focus for the oil and gas sector following major recent discoveries.
Oil prices rise after OPEC+ suspends output hikes in Q1 2026
“Chevron is happy to begin a new chapter with Guinea-Bissau, in alignment with our exploration strategy of adding high-quality acreage to our global portfolio,” said Chevron’s vice president for exploration, Liz Schwarze.
Chevron’s local unit will be the operator of Blocks 5B and 6B with a 90% working interest in both, while Petroguin, Guinea-Bissau’s national oil company, holds the remainder.
The Nigeria Democratic Congress (NDC) has introduced a stringent anti-defection policy requiring all its candidates…
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) says retail cooking gas prices could…
The Court of Appeal in Abuja has stayed the execution of a Federal High Court…
The Federal Government has secured the conviction of 150 suspected terrorists out of 160 suspects…
A Federal High Court in Katsina has sentenced a woman, Hauwa’u Mukhtar, to death by…
President Bola Ahmed Tinubu on Tuesday commissioned a newly completed 10-unit Court of Appeal Judges’…
This website uses cookies.