exploration and production in africa

For the latest figures, view the 2020 Supplement to the Annual Report.

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. Other areas on the continent where the company holds interests include Benin, Egypt, Ghana, the Republic of Congo and Togo.

a lasting legacy in Nigeria

We 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. We also hold acreage positions in nine deepwater exploration and production blocks in Nigeria, three of which we operate. We made a major breakthrough in 1998 with our discovery of the deepwater Agbami Field, 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 2019 we continued an infill drilling program in the Niger Delta to offset field decline and increase production.

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, the main production facility of the second development stage was brought on line in 2017. Six wells were drilled in 2018 and three more were added in 2019. Gas export to Angola LNG (liquefied natural gas) began in 2017. We have a 36.4 percent interest in the 5.2 million-metric-ton-per-year Angola 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.