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 operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested a 38-year-old notorious…
Operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted consignments of cocaine concealed…
The National Security Adviser (NSA), Malam Nuhu Ribadu, has said the collaboration between the Federal…
A fire incident occurred at Terminal 2 of the Murtala Muhammed International Airport, Lagos, on…
Prominent Kannywood filmmaker and director, Malam Aminu Saira, has married a second wife. Saira tied…
The Nigerian entertainment industry is mourning the death of veteran Juju and Highlife musician, Iyun…
This website uses cookies.