The United States is in discussions with Chevron, other crude producers, and major oilfield service providers regarding a potential plan to rapidly increase Venezuela’s crude production. Bloomberg News reported that officials have explored the deployment of Schlumberger (SLB), Halliburton, and Baker Hughes to repair and replace outdated equipment.
Officials suggest that under limited investment, Venezuela could boost its crude production by several hundred thousand barrels. According to the report, modern US equipment and techniques could rejuvenate existing wells and bring new production online within a few months.
Iranian Drone Attack Hits Fuel Tanks at Kuwait International Airport An Iranian drone attack on…
Oracle, a leading tech firm, announced significant job cuts as part of its expansion into…
Armed men struck again in Haiti's Artibonite region on Tuesday, following a weekend attack that…
Jenny McCarthy believes it was definitely Jim Carrey who attended the César Awards. The actress,…
Chief Justice Yahya Afridi chaired the tenth interactive session at the Supreme Court on Tuesday…
Avatar: Fire and Ash, the third installment following its billion-dollar success, is now available on…
This website uses cookies.
