Chevron achieves a major milestone in Angola, delivering first oil from its South N’dola offshore platform. The project highlights Chevron’s strategy of extracting incremental value from mature assets, contributing to 12% of Angola’s daily oil production. The tieback solution to Mafumeira processing complex saves costs and reduces infrastructure offshore.

Chevron’s successful first oil at South N’dola reflects industry shift towards capital discipline. This approach maximizes production from existing offshore assets in Angola, supporting production stability in the region. The project generated over 800 local jobs during construction and now supplies oil and gas to domestic facilities and export markets.

Chevron’s enduring presence in Angola is showcased through the South N’dola project. The company has operated in Angola for over 70 years and continues to run operations in Blocks 0 and 14. The milestone marks Chevron’s commitment to Angola’s energy sector, economic development, and long-term production resilience.

Chevron is expanding its Angolan portfolio, including gas supply for Angola LNG plant and offshore exploration in ultra-deepwater Blocks 49 and 50. These projects signify Chevron’s dedication to supporting Angola’s energy output and long-term production resilience. The company continues to play a key role in the country’s upstream sector.

Read more at Yahoo Finance: Chevron Delivers First Oil From South N’dola Platform Offshore Angola