Chevron has entered two deepwater offshore blocks in Guinea-Bissau’s MSGBC basin, expanding its strategic footprint in West Africa. The U.S. major will operate Blocks 5B and 6B with 90% interest, focusing on oil exploration through new seismic interpretation.
Equinor forecasts 10%–20% production decline at Johan Sverdrup field in 2026
Equinor expects oil production from the Johan Sverdrup field — the North Sea’s largest producing...

