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Colombia's Grupo Gilinski, Geopark sign deal to develop Venezuela oil field
Source: reuters.com
Geopolitics & WarEnergy Markets & PricesTrade Policy & Supply ChainCompany FundamentalsInfrastructure & Defense
Colombia’s Grupo Gilinski and Geopark signed a deal to jointly develop Venezuela’s Bare oilfield with PDVSA, shown in a PDVSA televised ceremony. The announcement is a potentially positive development for upstream project pipeline, but the terms and expected production/capex were not disclosed in the report.
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