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U.S. Partner in Venezuela Oil Deal Looks to Hike Crude Production
The privately held company that’s partnering with the U.S. Administration to boost oil production in Venezuela has raised output by about 20,000 barrels per day (bpd) since August and plans to soon add more rigs to further hike production.
Summary
The privately held company that’s partnering with the U.S. Administration to boost oil production in Venezuela has raised output by about 20,000 barrels per day (bpd) since August and plans to soon add more rigs to further hike production. North American Blue Energy Partners (NABEP), announced by the White House in August as one of the U.S.
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