Venezuela Signs 61 Oil Deals, Expects $76 Billion Investment
Venezuela has signed 61 oil agreements, aiming to attract around $76 billion in foreign investment over the next five years to boost its oil sector. The deals with the United States cover 17 oilfields and include plans for 250 drilling rigs. Oil production in Zulia state has increased and is expected to continue growing despite sanctions and underinvestment challenges.
TOI Business·

