Chevron (CVX) Confirms Exploration Rig Deployment in Namibia

Chevron Corporation (CVX) , one of the world's leading integrated energy companies, has confirmed its selection of a drilling rig to undertake a high-profile exploration well in Namibia's Orange Basin. This significant development was revealed by Northern Ocean Ltd., a provider of offshore contract drilling services. Northern Ocean announced on Jun 27 that an unnamed major had reserved the Deepsea Bollsta semi-submersible for this exploration operation, anticipated to commence in the fourth quarter of 2024. ...