Chevron Expansion in Orinoco Belt Venezuela
Sector: Oil and Gas • Location: Venezuela
Source: Todayville
Chevron signed deals to expand its operations in the Orinoco Belt, focusing on heavy crude oil production. The company swapped assets to focus on the Ayacucho 8 heavy crude area and increased its interest in the Petroindependencia joint venture with PDVSA.
- Status
- Closed
- Sector
- Oil and Gas
- Location
- Venezuela
- Updated
- 22 Jul 2026
- Source
- Todayville
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Project Information
Participants
| Not available for this record. |
Status
Original status | awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Chevron signed deals to expand its operations in the Orinoco Belt, focusing on heavy crude oil production. The company swapped assets to focus on the Ayacucho 8 heavy crude area and increased its interest in the Petroindependencia joint venture with PDVSA. |
Original sector | Energy |
Location
Country | Venezuela |
Source
Source | Todayville |
URL |
More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2026-04-19 |
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