American multinational energy firm Chevron has completed seismic data acquisition for Blocks 49 and 50, situated in the ultra-deepwaters of Angola’s Lower Congo basin. The company has now proceeded with data processing.
The initiative aligns with Chevron’s strategy to expand offshore exploration in Angola and follows the signing of a Risk Service Contract for the two blocks in 2024.
“We are confident that we have brought together the best technical talent to bring these blocks to development. We have shot our seismic and are processing data currently,” stated Frank Cassulo, Managing Director, Southern Africa Strategic Business Unit, Chevron.
