Chevron Nigeria boss Jim Swartz dropped by the petroleum regulator's office in Abuja and basically said his company wants in on the 2025 licensing round while praising Gbenga Komolafe for actually enforcing the Petroleum Industry Act properly. The firm went a whole year without getting hit by pipeline theft or sabotage, which Swartz called the longest stretch they ever managed, and he credited the regulator for making Nigeria feel like a legit investment spot again. TotalEnergies signed over 40 percent of some offshore licenses to Chevron, and the company wants quick approval to drill near Egbami by late next year.
Komolafe told other oil companies to follow Chevron's lead by publicly sharing their wins because it helps pull in nervous investors. The regulator mentioned 50 fields going up for grabs through a digital portal, and he promised the upcoming round would beat 2024 for transparency.
Komolafe told other oil companies to follow Chevron's lead by publicly sharing their wins because it helps pull in nervous investors. The regulator mentioned 50 fields going up for grabs through a digital portal, and he promised the upcoming round would beat 2024 for transparency.
