financetom
Business
financetom
/
Business
/
Chevron signs preliminary agreement with Angola to explore for oil in offshore block
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Chevron signs preliminary agreement with Angola to explore for oil in offshore block
Sep 3, 2025 8:24 AM

LUANDA (Reuters) -Chevron has signed a preliminary agreement with Angola's national oil and gas concessionaire ANPG to explore for oil in the country's offshore block 33/24, the U.S. oil major said on Wednesday.

The risk services contract with Angola's National Oil, Gas and Biofuels Agency was signed on the first day of an energy conference in the country.

"The execution of the RSC remains subject to regulatory approvals," Chevron said in a statement.

The deep-water block is found in the Lower Congo Basin, and is adjacent to the prolific Block 17 and Block 32.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Update: US Virgin Islands Port Authority Selects Aecon Consortium to Redevelop Cyril E. King Airport, Henry E. Rohlsen Airport in US Virgin Islands; National Bank Reviews Announcement
Update: US Virgin Islands Port Authority Selects Aecon Consortium to Redevelop Cyril E. King Airport, Henry E. Rohlsen Airport in US Virgin Islands; National Bank Reviews Announcement
Mar 27, 2024
10:29 AM EDT, 03/27/2024 (MT Newswires) -- Aecon Group Inc. ( AEGXF ) , which rose 2.5% and nearer to 52-week high levels, overnight Tuesday said the US Virgin Islands Port Authority has selected VIports Partners, an Aecon ( AEGXF )-led consortium, to redevelop the Cyril E. King Airport in St. Thomas and the Henry E. Rohlsen Airport in St....
Egan-Jones backs activist Peltz for Disney's board as proxy battle rages
Egan-Jones backs activist Peltz for Disney's board as proxy battle rages
Mar 27, 2024
March 27 (Reuters) - Egan-Jones has become the second proxy advisory firm to back Nelson Peltz's push for board seats at Walt Disney ( DIS ), the activist investor's asset management firm said on Wednesday as it takes on the entertainment conglomerate in a bitter proxy battle. Peltz's Trian Group said Egan-Jones recommended shareholders vote for change in the composition...
Altimmune Shares Slip Wednesday, After Reporting a Wider Q4 Net Loss and Dropping Prospective Treatment for Hepatitis B
Altimmune Shares Slip Wednesday, After Reporting a Wider Q4 Net Loss and Dropping Prospective Treatment for Hepatitis B
Mar 27, 2024
10:34 AM EDT, 03/27/2024 (MT Newswires) -- Altimmune's ( ALT ) shares were down about 5% in recent Wednesday trading after reporting a Q4 net loss of $0.54 per diluted share, wider than its net loss of $0.43 per diluted share a year earlier. Analysts polled by Capital IQ expected a net loss of $0.38. Revenue during the three months...
Starbucks Unusual Options Activity For March 27
Starbucks Unusual Options Activity For March 27
Mar 27, 2024
Investors with a lot of money to spend have taken a bullish stance on Starbucks ( SBUX ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big...
Copyright 2023-2026 - www.financetom.com All Rights Reserved