Spanish Repsol seeks to expand to new oilfield in Venezuela

Repsol, a Spanish energy producer, is expanding its projects in Venezuela by incorporating the new oilfield Horcon and advancing offshore natural gas opportunities.

Spanish Repsol seeks to expand to new oilfield in Venezuela
Repsol
  • Country:
  • Venezuela

Spanish ​energy ‌producer Repsol is ​seeking to expand ‌its projects in Venezuela by incorporating the new oilfield ‌Horcon to its ‌portfolio, the company said in a release distributed on ⁠Thursday, ​following agreements ⁠signed with Venezuela's government ⁠earlier this week.

The company ​also intends to advance ⁠the analysis of offshore natural ⁠gas ​opportunities in the South American ⁠country, it added in the ⁠release.

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