Chevron wins a bid in 2025 licensing round in Nigeria
By Eyo Nsima
Star Deep Water Petroleum Limited, a Chevron company and operator of the Agbami unit, has won the bid for Petroleum Prospecting Licence (PPL) 2010 in 2025 licensing round in Nigeria.
The winners of the bid round were announced by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in Abuja, on Tuesday July 21, 2026.
In a statement, Olusoga Oduselu, Chief Corporate Affairs Officer, Chevron Nigeria and Mid Africa Region, stated: “Chevron continues to evaluate high-potential exploration opportunities across our global portfolio, with Nigeria long being an important part of our business,” Kevin McLachlan, Vice President of Exploration at Chevron said. “This award reflects our disciplined approach to adding quality acreage to our portfolio.”
“We appreciate the efforts of the Nigerian Upstream Petroleum Regulatory Commission and all stakeholders in delivering a successful licensing round,” said Jim Swartz, Chairman and Managing Director of Chevron companies in Nigeria and the Mid-Africa region.
“Chevron remains committed to working collaboratively with the Nigerian government and our partners to support the development of Nigeria’s oil and gas industry and contribute to the country’s broader economic growth,” he added.
The award of PPL 2010 supports Chevron’s global exploration strategy, which combines technology-enabled exploration, disciplined portfolio management and selective entry into high-potential opportunities. Beyond Nigeria, Chevron continues to advance exploration activities across Africa while growing a global portfolio to develop the energy needed to enable human progress.
