Chairman and Managing Director of Chevron companies in Nigeria, Jim Swartz, has said Chevron remains committed to working collaboratively with the Nigerian government and its partners to support the development of Nigeria’s oil and gas industry and contribute to the country’s broader economic growth.
He added that the company appreciates the efforts of the Nigerian Upstream Petroleum Regulatory Commission and all stakeholders in delivering a successful licensing round.”
This was contained in a statement on Thursday by Chief Corporate Affairs Officer,
Chevron Nigeria and Mid Africa Region, Olusoga Oduselu, which reiterated that
Star Deep Water Petroleum Limited, a Chevron company and operator of the Agbami unit, won the bid for Petroleum Prospecting Licence (PPL) 2010 in 2025 licensing round in Nigeria.
It added that the winners of the bid round were announced by the NUPRC in Abuja, on Tuesday July 21, 2026.
Vice President of Exploration at Chevron, Kevin McLachlan, said:“Chevron continues to evaluate high-potential exploration opportunities across our global portfolio, with Nigeria long being an important part of our business. This award reflects our disciplined approach to adding quality acreage to our portfolio.”
“The award of PPL 2010 supports Chevron’s global exploration strategy, which combines technology-enabled exploration, disciplined portfolio management and selective entry into high-potential opportunities. Beyond Nigeria, Chevron continues to advance exploration activities across Africa while growing a global portfolio to develop the energy needed to enable human progress,” the statement added.
