PDVSA and Repsol Sign Agreement to Increase Oil Production at Petroquiriquire JV in Venezuela
Petróleos de Venezuela (PDVSA) has signed a new agreement with Spain’s Repsol aimed at boosting crude oil production from the Petroquiriquire joint venture. The deal could increase output by 20,000 barrels per day and extend field concessions in north-western Venezuela.
Topics: joint venture oil production PDVSA Repsol Venezuela