Major international energy companies are moving forward with significant oil and gas projects across different regions, according to industry sources and officials.

Chevron and Shell are preparing to sign agreements for oil and gas development areas in Venezuela, sources familiar with the matter told Reuters. The agreements represent continued international energy company engagement in Venezuela's oil sector despite ongoing economic and political challenges in the country.

Separately, Nigeria and Morocco are expected to finalize an intergovernmental agreement this year for a $25 billion gas pipeline project, according to an official involved in the negotiations. The pipeline would transport natural gas from Nigeria across West Africa to Morocco and potentially into European markets.

The Nigeria-Morocco gas pipeline represents one of the largest energy infrastructure projects planned for the African continent. The ambitious project aims to enhance regional energy cooperation and provide new export routes for Nigerian natural gas resources.

Both developments reflect ongoing international investment in oil and gas infrastructure despite global energy transition efforts. The projects could significantly impact regional energy markets and supply chains in their respective regions.