ADVERTISEMENT
  • Home
  • Politics
  • National
  • World
  • Entertainment
  • Health
  • Nigeria
Monday, November 2, 2026
NewsVelocityNG - Nigeria Breaking News, Politics & Sports
No Result
View All Result
  • Home
  • Politics
  • National
  • World
  • Entertainment
  • Health
  • Nigeria
  • Home
  • Politics
  • National
  • World
  • Entertainment
  • Health
  • Nigeria
No Result
View All Result
Morning News
No Result
View All Result
  • Home
  • Politics
  • National
  • World
  • Entertainment
  • Health
  • Nigeria
professional, modern and responsive news website designed to grow your audience and strengthen your digital presence professional, modern and responsive news website designed to grow your audience and strengthen your digital presence
ADVERTISEMENT
Home Nigeria

Nigeria @66: Chevron reaffirms long-term investment commitment

Oil giant highlights deepwater exploration, gas development, local content and community programmes as Nigeria marks 66 years of independence.

Adedayo Bankole Johnson by Adedayo Bankole Johnson
October 1, 2026
in Nigeria, Technology
Reading Time: 3 mins read
A A
0
Chevron
Share on Facebook

Chevron has reaffirmed its long-term commitment to Nigeria, saying it will continue investing in oil and gas production, deepwater development, local content and human capacity as the country marks its 66th Independence Anniversary.

The position was contained in a statement by the Chairman and Managing Director of Chevron companies in Nigeria, Jim Swartz, and made available to journalists by the company’s Chief Corporate Affairs Officer, Olusoga Oduselu.

Swartz said Chevron continued to take a long-term view of Nigeria, with a focus on operational excellence, efficiency, innovation and investment across its portfolio.

READ ALSO

Tinubu

2027: Atiku’s Son Pledges 10 Buses for Tinubu’s Re-election Campaign

October 31, 2026
Toluwanisings

Toluwanisings: Osun Philanthropist Offers Housing to Father, Scholarships for Children

October 29, 2026
Fasoranti

Aiyedatiwa Names Committee for Pa Fasoranti’s State Burial

October 29, 2026
all

Rivers Attack: All Inmates Safely Returned, NCoS Says

October 28, 2026

Chevron has significant operations in the country, including interests in the Niger Delta and major deepwater assets such as the Agbami field.

The company said it was expanding and optimising its Nigerian portfolio through exploration, infill drilling and production enhancement.

It also expressed support for the Petroleum Industry Act 2021 and efforts by the Federal Government to improve the regulatory framework and investment climate in the oil and gas sector.

According to the company, activities since the enactment of the PIA have included renewed and converted leases, farm-in agreements for PPL 2000 and PPL 2001, acquisition of deepwater block PPL 2010 and exploration successes at Meji NW-1, South Delta AA and Awodi-07.

Chevron also cited strategic deepwater opportunities, including the Bonga Southwest/Aparo and Owowo/Usan developments.

The company said seismic acquisition across several deepwater leases was supporting future exploration, while planned infill drilling at Agbami and Usan was expected to help offset natural production decline.

Gas development, it said, remained another important part of its Nigerian operations.

Chevron highlighted its Escravos Gas Plant and Escravos Gas-to-Liquids facility, which support gas utilisation and the production of products including synthetic diesel.

It also pointed to the West African Gas Pipeline, a regional project through which Nigerian gas is supplied to Benin, Togo and Ghana.

Local content and human capacity development also featured in the company’s Independence Day message.

Chevron said Nigerians account for more than 90 per cent of its workforce in the country and noted that its local-content policy dates back to 1999.

The company said it continued to work with Nigerian contractors and the Nigerian Content Development and Monitoring Board while creating opportunities for local businesses.

Beyond its core operations, Chevron highlighted its contributions to healthcare, education and environmental conservation.

It said the Agbami parties had constructed and equipped more than 28 chest clinics, donated nine mother-and-child healthcare centres and provided a medical diagnostics laboratory.

The company also said its education programmes had benefited more than 23,000 people through scholarships, infrastructure and capacity development.

The Agbami Medical and Engineering Professional Scholarship, established in 2009, was highlighted as one of its flagship education initiatives.

Chevron also cited the development of science laboratory complexes and libraries, as well as support for science, technology, engineering and mathematics education.

On environmental conservation, the company pointed to its support for the Lekki Conservation Centre, which was donated to the Nigerian Conservation Foundation.

Swartz said Chevron remained committed to building enduring relationships in Nigeria and supporting the country’s energy security and economic development.

“As Nigeria celebrates 66 years of independence, Chevron’s message is clear: the company sees Nigeria as a long-term strategic partner,” the statement said.

The company said it intended to continue contributing through investment, collaboration and responsible operations.

Tags: chevron
ShareTweetSendShare
Adedayo Bankole Johnson

Adedayo Bankole Johnson

Adedayo Bankole-Johnson is a journalist at News Velocity NG with over four years of professional experience in media and broadcasting. He has worked with Pleasant Ambassadors Radio and covered major beats including politics, religion, sports, and national affairs. He currently anchors a weekly programme on Petals FM 102.3.

Related Posts

Tinubu
Nigeria

2027: Atiku’s Son Pledges 10 Buses for Tinubu’s Re-election Campaign

October 31, 2026
Toluwanisings
Nigeria

Toluwanisings: Osun Philanthropist Offers Housing to Father, Scholarships for Children

October 29, 2026
Fasoranti
Nigeria

Aiyedatiwa Names Committee for Pa Fasoranti’s State Burial

October 29, 2026
all
Nigeria

Rivers Attack: All Inmates Safely Returned, NCoS Says

October 28, 2026
TUC
Nigeria

TUC Rejects ₦70,000 Transport Allowance, Demands Salary Increase

October 28, 2026
NRC
Nigeria

Transport Inefficiencies Raising Goods Prices, NRC Warns

October 28, 2026
Next Post
PTAD

PTAD opens health insurance registration for federal pensioners

farm

JUST IN: Suspected terrorists kill 15 farmers in Borno

EFCC

EFCC opens Awka regional office, to cover Anambra, Imo

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Transport

FG Approves N70,000 Monthly Transport Allowance for Workers

October 27, 2026
INEC

2027 Elections: INEC Opens Portal to Recruit 1.4m Ad Hoc Staff

September 18, 2026
DSS

Oyo LG elections: Court fixes September 10 hearing in suit seeking to halt poll

September 1, 2026
NULGE Oyo state

OYO NULGE : IGE, WOLEKANLE, RAD, OTHERS EULOGIZE GOV MAKINDE’ S WORKERS’ FRIENDLY POLICIES

April 29, 2026
JAMB

JAMB debunks fake 394 UTME result circulating online

April 26, 2026
Gbagi
Disaster

Oyo Moves to Prevent Fresh Fires at New Gbagi Market, Promises Traders Alternative Shops

by Adedayo Bankole Johnson
November 2, 2026
0

The Oyo State Government has announced fresh measures to prevent recurring fire outbreaks at the Bola-Ige International Business Complex, New...

gospel

Gospel Music Has Become More About Entertainment Than Preaching – Funmi Aragbaye

November 2, 2026
crash

FLORIDA JET CRASH KILLS ALL NINE ONBOARD MILES FROM TRUMP’S RESORT

November 2, 2026
Tinubu

Tinubu Reaffirms Commitment to Nigeria, Seeks Wisdom After Umrah

November 2, 2026
accidental

Michael Mann hospitalised after accidental shooting at Los Angeles gun range

November 1, 2026
player

Referee accidentally breaks player’s leg during East Carolina’s 17-9 victory

November 1, 2026
Gbagi
Disaster

Oyo Moves to Prevent Fresh Fires at New Gbagi Market, Promises Traders Alternative Shops

November 2, 2026
gospel
Entertainment

Gospel Music Has Become More About Entertainment Than Preaching – Funmi Aragbaye

November 2, 2026
crash
Accident

FLORIDA JET CRASH KILLS ALL NINE ONBOARD MILES FROM TRUMP’S RESORT

November 2, 2026
Tinubu
Politics

Tinubu Reaffirms Commitment to Nigeria, Seeks Wisdom After Umrah

November 2, 2026
accidental
sport

Michael Mann hospitalised after accidental shooting at Los Angeles gun range

November 1, 2026
player
sport

Referee accidentally breaks player’s leg during East Carolina’s 17-9 victory

November 1, 2026

EDITOR'S PICK

Electricity

Lagos Targets 24-Hour Power Supply, Eyes End to Electricity Band System

May 27, 2026
Iheanacho

Iheanacho Scores as Celtic Win Scottish Cup, Complete Domestic Double

May 23, 2026
FIFA

Argentina Face FIFA Sanction After Falklands Banner Display Following World Cup Win Over England

July 16, 2026
Police

Police Arrest Three Over Mob Killing of Plateau Student Accused of Stealing iPhone

July 28, 2026

About

Follow us

Categories

  • Accident
  • Administration
  • Business
  • Court,
  • Crime
  • Culture
  • Disaster
  • Drug
  • Economy,
  • Education
  • Electricity
  • Emergency
  • Empowerment
  • Entertainment
  • Health
  • International football
  • Justice
  • Labour matters,
  • National
  • Natural disaster
  • Nigeria
  • Nigeria, Nigerian
  • Opinion,
  • Pension matter,
  • Petroleum
  • Politics
  • Religion
  • Security
  • sport
  • Sport, World,
  • Student union
  • Suicide
  • Technology
  • Tourism
  • Traditional
  • War
  • World

Recent Posts

  • Oyo Moves to Prevent Fresh Fires at New Gbagi Market, Promises Traders Alternative Shops November 2, 2026
  • Gospel Music Has Become More About Entertainment Than Preaching – Funmi Aragbaye November 2, 2026
  • FLORIDA JET CRASH KILLS ALL NINE ONBOARD MILES FROM TRUMP’S RESORT November 2, 2026
  • Tinubu Reaffirms Commitment to Nigeria, Seeks Wisdom After Umrah November 2, 2026
No Result
View All Result
  • Homepages
    • Home Page 1
  • Politics
  • National
  • Business
  • World
  • Entertainment
  • Health

© 2026 Newsveolcityng - Fast Fresh and Premium News by Newsvelocityng