South America / GoM
Country summary: Venezuela
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Venezuela - recent news
|21 Oct 23
||Venezuela: Maha Energy signs exclusive agreement to acquire an interest in Venezuelan oil company PetroUrdaneta
Maha Energy has signed an exclusivity private instrument with Novonor Latinvest Energy granting Maha exclusive rights to acquire 60 percent of Novonor’s 100% owned Spanish subsidiary Odebrecht E&P Espana, which holds 40 percent equity interest of PetroUrdaneta, an O&G joint venture company operating in Venezuela.
|23 Jul 23
||Venezuela expects to sign gas licenses by year-end
Venezuela expects to sign licenses by year-end for developing the nation's vast natural gas reserves, oil minister Pedro Tellechea said on Friday, even amid U.S. sanctions.
|18 Jan 23
||Venezuela: Geoex MCG signs MoU for Multi-client seismic project in Venezuela
Geoex MCG has announced the signature of a Memorandum of Understanding with The People’s Ministry of Petroleum of Venezuela. The MoU’s objective is to support the country's strategy to open the offshore domain for the exploration of liquid and gaseous hydrocarbons and attract international investors.
|14 Oct 21
||Venezuela: INPEX withdraws from Carabobo Project 3 in Venezuela
INPEX has announced that Japan Carabobo UK ('JCUK') has submitted a notification of withdrawal from Carabobo Project 3 to the government of Venezuela and the Project partners and has terminated its participation in the Project. JCUK is a subsidiary of Japan Carabobo, which is jointly owned by INPEX, Mitsubishi Corp and JOGMEC.
|29 Jul 21
||Venezuela: Equinor completes divestment of onshore asset in Venezuela
Equinor and state-owned Petroleos de Venezuela (PdVSA) have completed a transaction whereby Equinor will transfer its 9.67 per cent non-operated interest in the Petrocedeno project onshore Venezuela to PdVSA.
Venezuela - more news