Chevron’s latest quarterly results highlight another Nigerian success, rising Gulf of Mexico output, and a signifi cant expansion in global offshore acreage from Brazil to Suriname. Chevron’s latest quarterly report details a new Nigerian discovery, strong deepwater performance in the Gulf of Mexico (GoM), new exploration blocks added across multiple basins worldwide, and greenlit projects offshore Australia. Chevron has confi rmed a discovery in the Awodi prospect offshore Nigeria.
Recently, the Nigerian National Petroleum Co. (NNPC) congratulated the company on the outcome of its operated Awodi-07 appraisal/exploration well in the shallow offshore western Niger Delta. Drilling started in late November and concluded in mid-December, with results confi rming potentially signifi cant hydrocarbons across multiple reservoir zones, NNPC said.
This fresh discovery represents the third consecutive fi nd for Chevron in Nigeria since late 2024.