Chevron says Equatorial Guinea's Aseng gas project on track for first gas in 2028

CAPE TOWN, Oct 14 (Reuters) — US oil major Chevron is on track to deliver first gas from its offshore Aseng gas project in Equatorial Guinea in 2028, a senior company executive said on Wednesday. Chevron took a final investment decision on the $690 million project earlier this year and was "happy with its progress", Jim Swartz, managing director for Chevron Nigeria and the Mid-Africa region, told reporters on the sidelines of an energy conference in Cape Town The company plans to bring in a drilling rig, likely early next year, to drill a development well at Aseng and complete a tie-back to existing infrastructure, Swartz said "So, probably the first gas that we expect is in 2028," he said, adding the company also planned to drill an exploration well next year using the same rig The company, which has added around 70% of new exploration acreage to its Africa portfolio over the last two years, is also considering data from other prospective Equatorial Guinea blocks, he said In February, Chevron renewed its commitment to development of the separate Yoyo-Yolanda gas project which contains an estimated 2.5 trillion cubic feet of gas and straddles the maritime border between Equatorial