Subscribe to RSS feedChevron to target deepwater and LNG projects worldwide
by
Martyn Wingrove
—
last modified
Dec 24, 2009 10:56 AM
DEEPWATER oil developments and liquefied natural gas projects will dominate US oil major Chevron’s upstream spending next year as it strives to increase oil and gas production during the next decade.
Chevron plans to spend US$17.3bn in 2010 on capital and exploration projects, including US$4bn on US projects and the rest in Australia, West Africa and Asia.
Many of the developments are long-term projects that are not due to come onstream...
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