… based trade organization American Petroleum Institute, and Venezuela … though Venezuela has more oil reserves than any other country … assets of foreign drillers. Though Chevron agreed … fully compensated for seized concessions, despite international arbitration …

… drilled a number of successful wells in their concession … , including five new exploratory wells. In a … ,550 bpd of oil and condensates and … reserves and resources. Separately, Desouq Petroleum Company, in partnership with Harbour Energy, successfully drilled …

… time, he wanted to expedite drilling permits that took an average 258 … ; Petrochemical Manufacturers (AFPM). Venezuela has the world's largest proven oil reserves … that would take decades to permit, construct and eventually pay off …

… of petroleum exploration licenses attracting bids for 23 exploration blocks, … will include drilling of exploratory wells in … in onshore and offshore exploration. The signing … Petroleum Concessions is launching a fully digital bidding portal for exploration …

… Saudi Arabia in known oil reserves. As announced by the … the Organization of the Petroleum Exporting Countries (OPEC), … investment, and technology — resources that many international companies possess … However, Trump revoked all licenses to operate in Venezuela …

Labuan dialogue tackles Oil and Gas operational … Labuan this week hosted the Oil and Gas (O… limited operational flexibility for offshore-related equipment and documentation … inter-agency coordination and security permit approvals. “While we may …

… to Petrobras’ strong production growth—and a temporary drilling halt … strikes $450M deal for Petronas’ offshore Brazil assets Brava Energia … Petrobras. The Tartaruga Verde Field in the BM-C-36 concession … reaches new peak Petrobras says its oil production last …

… beyond debt. Contemplate non-oil revenue. Contemplate non-debt … so on and getting concessionaires might be perceived as … venture partners in the exploration and production of petroleum. He said, … contracts and so international oil companies owns majority of …

… oil output there," wrote Patrick De Haan, head of petroleum … now. It depends on concessions from the Venezuelan government to … ."  Venezuela's oil reserves total roughly 300 billion barrels … to drill. The going price for a barrel of oil, roughly …

… in the Harper Basin, offshore Liberia. Located along the … data acquisition to reduce exploration risk. TGS ASA is … Reconnaissance License LPRA-003 (RL-003) from the Liberia Petroleum … said. Expenditures under both licenses will be recoverable under any …