Chevron Companies in Nigeria have reaffirmed their commitment to long-term partnership, investment and responsible energy development as Nigeria marks its 66th Independence Anniversary.
The Chairman and Managing Director of Chevron Companies in Nigeria, Jim Swartz, stated this in an Independence Day message made available to journalists in Warri on Thursday by the company’s Chief Corporate Affairs Officer, Olusoga Oduselu.
Swartz said Chevron remained confident in Nigeria and would continue to focus on operational efficiency, innovation and investment across its portfolio.
He said the company was expanding and optimising its assets through exploration, infill drilling and production enhancement.
According to him, Chevron supports the Petroleum Industry Act 2021 and the Federal Government’s efforts to strengthen the regulatory framework and investment climate in the oil and gas sector.
He noted that since the enactment of the PIA, Chevron had renewed and converted key joint-venture and deepwater leases, recorded discoveries at Meji NW-1, Delta South AA and Awodi-07, and entered PPLs 2000 and 2001 through farm-in agreements.
Swartz added that Chevron had also acquired deepwater block PPL 2010 and renewed Oil Prospecting Licence 215, while participating in deepwater opportunities including the Bonga Southwest/Aparo and Owowo/Usan developments.
He said gas development remained an important part of the company’s contribution to Nigeria, citing investments in the Escravos Gas Plant and Escravos Gas-to-Liquids facility.
He also highlighted the approximately 700-kilometre West African Gas Pipeline, through which Nigeria supplies gas to Benin, Togo and Ghana.
On local content, Swartz said Nigerians accounted for more than 90 per cent of Chevron’s in-country workforce, adding that the company continued to create opportunities for Nigerian companies and contractors.
He said Chevron’s social investments had also supported health, education and environmental conservation.
According to him, the company’s education programmes have benefited more than 23,000 people through scholarships, infrastructure and capacity building, while the Agbami Medical and Engineering Professional Scholarship has supported more than 16,500 students since 2009.
Swartz said Chevron would continue to invest in Nigeria’s energy sector and contribute to energy security, economic growth and sustainable national development.
He added that the company viewed Nigeria as a long-term strategic partner and would sustain its collaboration with stakeholders to support the country’s development.
