Published 2 years ago

Chevron completes deal to take stake in deepwater Namibia

Summary by Ground News

Chevron Namibia Exploration Limited confirms it acquired an 80% working interest in PEL90, in the Orange Basin offshore Namibia. The gossip suggests Chevron paid $100 million for a stake. The licence covers Block 2813B, which is around 5,433 square km. It is around 200-250 km offshore, with water depths from 2,300 to 3,300 metres.

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Energy Voice

Chevron completes deal to take stake in deepwater Namibia

Chevron has completed its farm in to a licence offshore Namibia, close to the Venus and Graff discoveries by TotalEnergies and Shell respectively.The post Chevron completes deal to take stake in deepwater Namibia appeared first on Energy Voice.

2 years ago·United Kingdom

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