- Chevron continues to build momentum in Sub-Saharan Africa

Chevron Offshore Angola, has confirmed an oil and gas condensate discovery at the 105-4X exploration well in Block 0. The well is operated by wholly owned subsidiary Cabinda Gulf Oil Company Limited.

For Kevin McLachlan, Chevron's vice president of exploration, the discovery marks the beginning of a new phase of work. Teams will now determine whether it can be developed using nearby facilities. New discoveries often become more competitive when they can be tied back to existing infrastructure.

Kevin McLachlan Vice President of Exploration Exploring:
“The early results are encouraging, and additional work will help determine the resource’s full potential and possible development opportunities.”

Exploring what comes next

Reliable energy begins with decisions made years before homes and businesses ever use it. Offshore Angola, Chevron believes the latest discovery could become one of those opportunities.

The well encountered more than 2,000 feet of oil and gas condensate column. It included more than 300 feet of net pay. “I would describe it as excellent reservoir quality,” said McLachlan.

Chevron targeted the Lower Congo Basin because of its proven geology and decades of experience in Angola. Through its subsidiaries, Chevron has operated in the country since the 1930s. It began exploration and production activities in 1954 and made its first offshore discovery in 1966.

Building regional Momentum

The discovery follows another recent milestone in the region. The South N'dola Platform, also located in Block 0, delivered first oil in December 2025.

The Angola discovery is part of a broader exploration campaign across Sub-Saharan Africa.

Chevron currently produces around 300,000 barrels of oil equivalent per day net in the region. The company has expanded its position through new acreage and recent exploration successes in Nigeria.

McLachlan said, “Every successful well adds information, confidence and potential pathways for future growth.” Additional exploration activity is planned across the region, including Namibia, Nigeria, Guinea-Bissau and Equatorial Guinea.

Kevin McLachlan Vice President of Exploration:
“Discoveries create value when they combine resource potential with a practical path to development. The opportunity we're evaluating in Angola reflects both, and it reinforces our confidence in the broader exploration portfolio we're building.”

About Chevron

Chevron is one of the world’s leading integrated energy companies. We believe affordable,reliableand ever-cleaner energy is essential to enabling human progress. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants,petrochemicalsand additives; and develops technologies that enhance our business and the industry. We aim to grow our oil and gas business, lower the carbon intensity of operations, and grow newenergies businesses.