Chevron Subsidiary Begins Drilling On Angola’s Offshore Blocks

By Zainab Calcuttawala Cabinda Gulf Oil Company began drilling in the second phase of the field’s development, collecting 150,000 barrels of oil and 350,000 cubic feet of natural gas per day. Production is expected to peak in 2018. “This milestone supports our priority of completing major projects and improving free cash flow,” Jay Johnson, executive vice president of upstream projects for Chevron, told World Oil. “The Mafumeira Sul project generates new production and value for Angola, our partners and the corporation.” The block sits just…

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