NYSE:CVXOil and Gas
Chevron’s Greece And Libya Deals Add Long Term Upstream Options
Chevron (NYSE:CVX) has agreed to enter four offshore exploration blocks in Greece through a consortium with HELLENiQ ENERGY.
The Greek blocks focus on ultra deepwater hydrocarbon exploration and are awaiting parliamentary ratification.
In parallel, Chevron has secured an onshore exploration block in Libya, expanding its access in North Africa.
These new agreements extend Chevron’s upstream footprint across the Mediterranean and North African regions.
For you as an investor, this move ties...