16 Hrs
Source:
المشهد العربي
Venezuela partners with US firms on oil deals
The article pertains to oil agreements signed by the Venezuelan government with two American companies, aiming to boost the country's oil production. This step is part of Venezuela's efforts to attract investments and increase its production capacity, as agreements were signed with the companies "SLB" and "Hunt Oil" to develop oil fields and enhance their output, although the amount of investments or the expected increase in production has not been disclosed. These agreements come amid joint efforts between the Venezuelan government and the United States to implement investments in the oil sector, with the goal of exploiting the country's vast and wasted reserves.
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