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FINWIRES

Chevron Signs MoU With Libya's National Oil Corporation to Assess Shale Oil, Gas Resources

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-- Chevron (CVX) signed a memorandum of understanding with Libya's National Oil Corporation, or NOC, to conduct a joint study evaluating the potential of unconventional shale oil and gas resources in sedimentary basins across the country, NOC said Tuesday.

The study will focus on Sirte, Murzuq and Ghadames sedimentary basins, and technical teams from both sides will assess the available data and the potential for developing resources in these locations, NOC added.

Price: $188.17, Change: $+3.38, Percent Change: +1.83%

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