Chevron to join Nigeria oil licence auction, plans rig deployment in 2026

Core Viewpoint - Chevron is set to participate in Nigeria's upcoming oil licensing round and plans to deploy a drilling rig by late 2026 to expand its operations in Africa's leading energy producer [1] Company Actions - Chevron will engage in Nigeria's next oil licensing round [1] - The company intends to deploy a drilling rig in late 2026 [1] Industry Context - Nigeria is recognized as Africa's top energy producer [1]