Chevron Strengthens Commitment to Nigeria's Energy Sector

On Nigeria's 66th Independence Anniversary, Chevron companies in Nigeria reaffirmed their commitment to the country, highlighting their long-standing partnership and investment in responsible energy development. Jim Swartz, Chairman and Managing Director of Chevron Companies in Nigeria, stated that the company maintains a long-term view of Nigeria, focusing on operational excellence and innovation.

Chevron has been a significant contributor to Nigeria's growth for over six decades, with operations in the Niger Delta and interests in deepwater assets. The company supports the Petroleum Industry Act 2021 and has renewed key joint-venture leases, recorded discoveries, and engaged in strategic deepwater opportunities.

Chevron's investments in gas development, including the Escravos Gas Plant, have enhanced gas utilization and reduced flaring. The company prioritizes local content, employing over 90% Nigerians in its workforce and has established a Local Content Policy since 1999, well before the Nigerian Oil and Gas Industry Content Development Act was enacted in 2010.