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ChevronTexaco wins exploration license


Book ID
104397550
Publisher
Elsevier Science
Year
2004
Tongue
English
Weight
34 KB
Volume
2004
Category
Article
ISSN
1359-6128

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โœฆ Synopsis


In other, unrelated news, Shell has entered into a fiveyear supply contract with British Gas Trading Ltd to deliver approximately 4.5 billion m 3 of gas to Centrica, starting 1 October 2004. The agreement will deliver gas to the UK's National Balancing Point.

CHEVRON-TEXACO WINS EXPLORATION LICENSE

ChevronTexaco's affiliate in Venezuela has been officially informed by the Ministry of Energy and Mines that the company will be awarded an exploration license for Plataforma Deltana Block 3.

The block is located in an offshore region, with significant natural gas potential, on Venezuela's Atlantic continental shelf.

A successful exploration programme in Block 3 coupled with ongoing activities in Block 2 could lead to a commercially viable resource base and a liquefied natural gas (LNG) business in Venezuela, says ChevronTexaco.

ChevronTexaco also has a 60% interest in Plataforma Deltana Block 2 and a 50% interest in Block 6d in Trinidad & Tobago, across the border with Venezuela.


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