Venezuela and Nigeria sign agreements on gas and oil

Published at: 08/08/2024 08:52 PM

On Thursday night, agreements were signed between Veneoranto Petroleum LTD, C.A. of the Federal Republic of Nigeria and the Ministry of People's Petroleum Power of the Bolivarian Republic of Venezuela, in the Sol del Perú room, in the Miraflores Palace.

The country signed a Technical-Economic Feasibility Agreement for the Development of the Barracuda Area located in territorial and surface waters of the Gulf of Venezuela, to be executed between the Ministry of People's Petroleum Power and the company Veneoranto Petroleum Ltd, C.A. In addition to a Technical-Economic Feasibility Agreement for the development of the Serpent Boca area, located in the North-East of the Delta Amacuro state, to be executed by the Ministry of Petroleum and the Company Veneoranto Petroleum LTD, C.A.

The agreements were signed by the Minister of Petroleum, Pedro Tellechea; and the representative of the Veneoranto Petroleum LTD, C.A. Company, Arthur Eze.

Mazo News Team