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Block 5 License Award

Block 5 License Award

On the 2nd December 2021, the Republic of Cyprus’ Council of Ministers approved the issue of an Exploration license for Block 5 of the Cyprus EEZ to a consortium of ExxonMobil and Qatar Petroleum. ExxonMobil will be the operator of the license, and the companies...

Chevron to acquire Noble Energy

Chevron to acquire Noble Energy

CHEVRON has entered into a definitive agreement to acquire independent energy company Noble Energy for an overall transaction value of US$13bn. The company will enhance its portfolio in US onshore and internationally.  International assets Chevron will acquire...