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Chevron signs Lotus Area exploration deal off Egypt with two-well commitment

EGAS and Chevron signed an exploration agreement for the offshore Lotus Area in Egypt's Eastern Mediterranean. Chevron commits at least $88 million to reprocess 3D seismic data and drill two exploration wells.

Published 6 October 2026 by Offshore Energy (Navingo) · added to the Radar on 2026-10-08.

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Offshore Energy (Navingo)

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