Chevron (CVX), Rhino Prepare for Offshore Drilling in Namibia

Chevron Corporation (CVX) , one of the world's leading integrated energy companies, and Rhino Resources, a prominent South Africa-based company, have submitted environmental documents for their wildcatting operations offshore Namibia. These exploration campaigns are scheduled to commence in the hydrocarbon-rich Orange Basin by late 2024 or early 2025. This region currently has no active drilling rigs, marking the first such pause in nearly two years.Chevron’s Ambitious Plans in Block 2813BLocation and Strat ...