Chevron Joint Venture Launches Oil Drilling Campaign in Venezuela ...Middle East

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A joint venture of U.S. supermajor Chevron has launched its 2024 drilling campaign by drilling the first of 17 planned wells as part of a plan to boost production, the other owner of the joint venture, Venezuela’s state oil firm PDVSA, said in statement on Monday.   Petroindependencia, the joint venture of PDVSA and Chevron, launched the first new well from this year’s drilling campaign.   Chevron has U.S. authorization to operate in Venezuela with its joint ventures with PDVSA, while the U.S. Administration also…

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