Eni's Descalzi signs Venezuela oilfield development agreement

Eni's Descalzi signs Venezuela oilfield development agreement

The ​chief ‌executive of Italian ​energy group Eni on ‌Wednesday signed a deal with Venezuela that makes Eni ‌the operator of oilfield ‌Junin 5 and said the agreement would bring more ⁠development ​for ⁠the Latin American country.

"The signing ⁠of an oil agreement ​with Venezuela is the ⁠first step towards more development," ⁠Eni's ​CEO Claudio Descalzi said during an event ⁠at the Miraflores presidential palace ⁠in Caracas.

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