Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change
Green Car Congress
DECEMBER 8, 2011
Major capital investments include developments in Australia, the deepwater Gulf of Mexico, Nigeria, Angola and China. First production is expected in 2016. Angola: Angola LNG and development of Mafumeira Sul. Spending of $28.5 The project has already awarded $6 billion in contracts. Canada: Hebron offshore development.
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