HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 17.Jun.2026, Words: 141) — Repsol signed a memorandum of understanding (MOU) with the Venezuelan government and state-owned PDVSA to assess the potential development of the Horcón area, located southeast of Lake Maracaibo.
The 3 parties also expressed intentions to conduct feasibility studies on potential opportunities in the Venezuelan offshore.
(Mærsk, 3.Jun.2021) — Karoon Energy Ltd exercised an option to add the drilling of two development wells at the Patola field offshore Brazil to the work scope of the semi-submersible rig Mærsk Developer. The work is expected to commence in the second half of 2022, in direct continuation of the […]
(Promigas, 2.Mar.2020) — Promigas has commissioned an infrastructure expansion project in order to transport natural gas from new deposits in the south of the Caribbean region. This expansion – as of today it is transporting 100 Mpcd – enables it to meet commitments taken on in 2019 to deliver a […]
(Reuters, 31.Dec.2019) — With an emoji of a flexing bicep, Venezuelan state oil company Petróleos de Venezuela, S.A., or PDVSA, on Tuesday celebrated what was once a routine task in the OPEC nation: delivering gasoline. Acute gasoline shortages in much of Venezuela’s interior have in recent days reached the capital […]