Energy
7.0
Chevron greenlit Equatorial Guinea gas project; Subsea7 awarded installation contract
Chevron has reached final investment decision (FID) on a gas monetization project offshore Equatorial Guinea, moving the development from planning to execution phase. Subsea7 has been contracted for subsea installation work in a multimillion-dollar deal. The project represents continued capital deployment in West African gas infrastructure despite global energy transition pressures.