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Eni and Repsol Bet Big on Post-Maduro Venezuela
11 Articles
11 Articles
The president in charge of the Bolivarian Republic of Venezuela, Delcy Rodriguez, in the presence of the minister of hydrocarbons of the Venezuelan government, Paula Henao, and the managing director of the State company Pdvsa, Héctor...
The strategic agreement for the development of the Junín 5 field envisages a final investment plan before the end of the year and the use of resources estimated at 35 billion barrels to strengthen the production of crude oil and gas.
The Italian company Eni and the Spanish company Repsol, two of the largest European energy companies, plan to increase the production of natural gas from their joint-owned Cardón IV field in Venezuela. Currently, the production of the Venezuelan gas field, in which Eni and Repsol own 50% each, amounts to about 580 million cubic feet of natural gas per day. The joint venture aims to raise that production to 645 million cubic feet per day, accordi…
Eni and Repsol Bet Big on Post-Maduro Venezuela
Italy's Eni and Spain's Repsol, two of the largest European energy companies, plan to increase natural gas production from their jointly owned Cardon IV gas field in Venezuela. Currently, output from the Venezuelan gas field, in which Eni and Repsol own 50% each, produces about 580 million cubic feet per day of natural gas. The joint venture aims to raise that production to 645 million cubic feet per day, the project's manager Gonzalo Antonio Ca…
The agreement with the European companies is established for the exploitation of Cardón IV, one of the largest gas fields in Latin America The government of the president in charge, Delcy Rodríguez, signed on Thursday an agreement to "guarantee the supply of gas" with the Spanish company Repsol and with the Italian company ENI. "I am very pleased that it is by the hand of two European companies that stayed in Venezuela, who believed in Venezuela…
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