GlobalData: Foreign firms look to play crucial role in Venezuelan oil and gas sector
The majority of foreign companies are not making any profit or losing money in their partnerships with PDVSA to develop and produce hydrocarbons.
The majority of foreign companies are not making any profit or losing money in their partnerships with PDVSA to develop and produce hydrocarbons.
The award is the sixteenth contract extension and competitive re-tender award to Archer in the last four years for platform drilling operations and maintenance services in the UK, Norway, Greece and Brazil.