Chevron Sanctions Development of Deepwater Jack/St. Malo Project in the Gulf of Mexico; Initial Development Cost of ~$7.5B
Green Car Congress
OCTOBER 21, 2010
Chevron Corporation has sanctioned development of the Jack/St. The initial development of the Chevron project will require an investment of approximately $7.5 Chevron, through its subsidiary Chevron USA Inc., Malo project, its first operated project located in the Lower Tertiary trend in the deepwater US Gulf of Mexico.
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