{"id":486346,"date":"2025-11-04T09:54:39","date_gmt":"2025-11-04T09:54:39","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2025\/11\/04\/chevron-establishes-itself-in-guinea-bissau-and-develops-exploration-opportunities\/"},"modified":"2025-11-04T09:54:44","modified_gmt":"2025-11-04T09:54:44","slug":"chevron-establishes-itself-in-guinea-bissau-and-develops-exploration-opportunities","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2025\/11\/04\/chevron-establishes-itself-in-guinea-bissau-and-develops-exploration-opportunities\/","title":{"rendered":"Chevron establishes itself in Guinea-Bissau and develops exploration opportunities"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>\n<p class=\"wp-block-paragraph\"><strong>BISSAU, Guinea-Bissau, November 3, 2025<\/strong> &#8211; Chevron is entering the offshore exploration sector in Guinea-Bissau through two blocks in the MSGBC basin.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Chevron Guinea Bissau Exploration I, Ltda., a 100% Chevron subsidiary, will be the operator of offshore blocks 5B (Carapau exploration permit) and 6B (Peixe Espada exploration permit), with a 90% interest in each block. Petroguin, the country&#8217;s national oil company, holds the remaining 10%. The operation has received all required regulatory approvals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;Chevron is pleased to open a new chapter with Guinea-Bissau, in line with its exploration strategy to enhance its overall portfolio of high-quality concessions,&#8221; said Liz Schwarze, Chevron&#8217;s Vice President of Exploration, at a ceremony in Bissau attended by Celedonio Vieira, CEO of Petroguin. &#8220;We are excited about our new partnership with Petroguin and the government of Guinea-Bissau following the signing of agreements for blocks 5B and 6B,&#8221; said B\u00e9atrice Bienvenu, Chevron&#8217;s Country Director for West Africa.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Chevron looks forward to collaborating with Petroguin to advance exploration and contribute to the development of Guinea-Bissau&#8217;s energy sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Chevron is an experienced deepwater operator, with a global presence. The company has increased its exploration portfolio by nearly 40% over the past two years, including establishing operations in Peru, Uruguay, and Namibia. As a major player in Africa for nearly a century, Chevron is currently engaged in production and exploration activities in several countries on the continent, including Angola and Nigeria.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">* Mauritania, Senegal, The Gambia, Guinea-Bissau, and the Guinea-Conakry basin<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>BISSAU, Guinea-Bissau, November 3, 2025 &#8211; Chevron is entering the offshore exploration sector in Guinea-Bissau through two blocks in the MSGBC basin. Chevron Guinea Bissau Exploration I, Ltda., a 100% Chevron subsidiary, will be the operator of offshore blocks 5B (Carapau exploration permit) and 6B (Peixe Espada exploration permit), with a 90% interest in each<\/p>\n","protected":false},"author":537202,"featured_media":486347,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"https:\/\/www.financialafrik.com\/2025\/11\/04\/chevron-simplante-en-guinee-bissau-et-y-developpe-des-opportunites-dexploration\/","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12065],"tags":[],"class_list":["post-486346","post","type-post","status-publish","format-standard","has-post-thumbnail","category-press-releases","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Chevron establishes itself in Guinea-Bissau and develops exploration opportunities - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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