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Petropiar Oil Project Recovery

Sector: Government • Location: Caracas, Venezuela

Source: EnergyNow

Project
Planned

The project involves the recovery and rebuilding of Venezuela's oil industry, specifically focusing on the Petropiar oil project, the largest oil project in Venezuela's main oil region, the Orinoco Belt. The project aims to modernize and boost oil production after decades of underinvestment and mismanagement, with involvement from Chevron and PDVSA.

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Project Information

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The project “Petropiar Oil Project Recovery” is an infrastructure initiative in the Government sector, located in Caracas, Venezuela. Taiyo aggregates data on it from EnergyNow.

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Participants

Sponsoring Agency

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Company

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Status

Original status

planned

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The project involves the recovery and rebuilding of Venezuela's oil industry, specifically focusing on the Petropiar oil project, the largest oil project in Venezuela's main oil region, the Orinoco Belt. The project aims to modernize and boost oil production after decades of underinvestment and mismanagement, with involvement from Chevron and PDVSA.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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