May 17 (Reuters) - Chevron Corp said on Tuesday it had sanctioned the Ballymore project in the deepwater U.S. Gulf of Mexico, with a design capacity of 75,000 barrels of crude oil per day.
The project will require an investment of about $1.6 billion, the oil major said in a statement. (Reporting by Arunima Kumar in Bengaluru; Editing by Vinay Dwivedi)
