Venezuela oil deals were signed in Houston with SLB and Hunt Oil, as the oil minister told investors the country is ready to sign production contracts.
Venezuela · Energy
Key Facts
Who Paula Henao, Venezuela’s oil minister, in Houston on 18 and 19 August.
Deal one A hydrocarbons production participation agreement with Hunt Oil covering two oil fields, aimed at recovering production.
Deal two A framework agreement with SLB, the oilfield services company formerly called Schlumberger, for integrated reservoir studies.
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