July 25, 2024

Equinor and Total exit Venezuela onshore oil project

Retrieved

Norway’s Equinor and France’s TotalEnergies have agreed to sell their stakes in Venezuela’s onshore Petrocedeno project to a unit of state oil firm PdVSA, which will become the sole owner, Equinor said on Thursday.“The Petrocedeno project aims to upgrade extra-heavy crude oil into lighter crude from the Orinoco Belt area,” Equinor said in a statement. (By Terje Solsvik. Full Text-> Reuters

Translation/ Traducción