Big Oil’s Billion-Dollar Bet on the Caspian Is Paying Off

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Big Oil companies are seeing significant returns on their investments in the Caspian region, with Chevron's Tengiz field projected to generate $28 billion in free cash flow and ExxonMobil generating $14 billion in revenue from the same field.

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Market impact analysis based on bullish sentiment with 64% confidence.

المشاعر
Bullish
ثقة الذكاء الاصطناعي
64%

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To identify the regions generating the most cash for majors, we forecast the group’s top five projects by cumulative free cash flow for the period 2025 to 2030. Two standout regions are the Permian shale play, which dominates the US majors' portfolios, and the Caspian region, where all majors have maintained their presence despite portfolio streamlining Chevron’s projected $28 billion in free cash flow from Kazakhstan’s Tengiz field underscores the region's value to its portfolio. ExxonMobil's $14 billion in revenue from Tengiz…

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المقال الأصلي منشور بواسطة OilPrice.com في نوفمبر 12, 2025.
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