exploration & production in africa
The continued development of Africa’s energy sector is a critical factor in contributing to the continent’s growth potential. Through Chevron’s major investments in several African countries, we’re building on our existing assets and pursuing new opportunities – as we’ve done in Africa for more than a century. Today, we rank among the top petroleum producers in Nigeria and Angola. In both countries, we’re investing billions of dollars in major energy projects. Other areas on the continent where the company holds interests include Democratic Republic of the Congo, Liberia, Morocco and the Republic of Congo.
a lasting legacy in Nigeria
We hold acreage positions in nine deepwater exploration and production blocks in the country, three of which we operate. We made a major breakthrough in 1998 with our discovery of the deepwater Agbami Field, offshore Nigeria, which we continue to operate through a complex of subsea wells connected to one of the world’s largest floating production, storage and offloading vessels. In 2016, infill drilling programs to offset field decline were carried out, with more wells expected to come on line in 2017. We also operate and hold a 40 percent interest in eight concessions in the onshore and near-offshore regions of the Niger Delta under a joint-venture agreement with the Nigerian National Petroleum Corporation.
Chevron also holds a 36.7 percent interest in the West African Gas Pipeline Company Limited, which supplies Nigerian natural gas to customers in Benin, Ghana and Togo.
investing in Angola
In Angola, our major operations include two exploration and production concessions – Block 0, off the coast of Cabinda province, and Block 14, in deep water. In Block 0, we are developing Mafumeira Sul, an offshore liquids and natural gas project. At Mafumeira Sul, early production began in October 2016, and the main production facility was brought on line in February 2017. In addition, we have a 36.4 percent interest in the 5.2 million-metric-ton-per-year Angola liquefied natural gas (LNG) plant in Soyo, the world’s first LNG plant supplied with associated gas, which is natural gas produced as a byproduct of crude oil production.
looking to the future
Based on investments we’re making today, we foresee a bright future in Africa.
In 2016, we made crude oil discoveries in the Moho-Bilondo area of the Republic of Congo and at the deepwater Owowo project in Nigeria. Also in 2016, natural gas began to flow through the Congo River Canyon Crossing Pipeline to the Angola LNG Plant. In 2017, we expect to begin production at the Sonam Field Development in Nigeria, and the production ramp-up at Mafumeira Sul is expected to continue into 2018.