Much of Chevron’s East Mediterranean attentions focus on Egypt and Israel (MEES, 9 May) but development activities have also commenced offshore Cyprus this quarter CEO Mike Wirth revealed during his firm’s Q1 call on 2 May.
“We entered pre-FEED activities in the first quarter,” he said. Chevron (35%, op) has until November of this year to complete pre-FEED at the 3.5tcf Aphrodite gas field and must complete FEED by the end of 2026 according to the new milestones set out in the approved development plan from February this year (MEES, 21 February). (CONTINUED - 745 WORDS)
