U.S. Extends License To Operate In Venezuela To Oilfield Services Companies ...Middle East

The United States has renewed a license that will extend the authorization to select oilfield services companies to keep assets in Venezuela. The license does not allow the companies to drill, process, or handle Venezuelan-derived crude oil, Reuters reported on Tuesday. The license to preserve oilfield assets was originally granted back in 2019 to U.S. oilfield services providers Baker Hughes, Halliburton, Schlumberger, and Weatherford International. The license allows them to maintain a physical presence in the country, including their assets,…

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