Abu Dhabi's XRG enters Venezuela with offshore natural gas licence award
Abu Dhabi’s XRG, Adnoc's international energy investment unit , has entered Venezuela's energy sector through an offshore natural gas project alongside global oil major bp and Qatar’s UCC. XRG has been awarded a licence for the Loran field in the South American nation, giving the company a “significant position” as an equal interest partner alongside bp and UCC, it said on Thursday. The licence…
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