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Junin-5 Heavy Oil Project Relaunch

Sector: Oil and Gas • Location: Venezuela

Source: Bangladesh Sangbad Sangstha (BSS)

Project
Planned

Eni will relaunch activity at the Junin-5 heavy crude oil project in the Orinoco Belt, Venezuela, following an agreement with Venezuela's Ministry of Hydrocarbons and state-run oil company PDVSA. The project involves heavy oil extraction from a field containing 35 billion barrels of certified oil.

Status
Prospective
Sector
Oil and Gas
Location
Venezuela
Updated
22 Jul 2026
Source
Bangladesh Sangbad Sangstha (BSS)

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Project Information

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The project “Junin-5 Heavy Oil Project Relaunch” is an infrastructure initiative in the Oil and Gas sector, located in Venezuela. Taiyo aggregates data on it from Bangladesh Sangbad Sangstha (BSS).

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Eni will relaunch activity at the Junin-5 heavy crude oil project in the Orinoco Belt, Venezuela, following an agreement with Venezuela's Ministry of Hydrocarbons and state-run oil company PDVSA. The project involves heavy oil extraction from a field containing 35 billion barrels of certified oil.

Original sector

Energy

Location

Country

Venezuela

Source

Source

Bangladesh Sangbad Sangstha (BSS)

URL

More Details

Record type

Project

Sector

Oil and Gas

Article published date

2026-05-02

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