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Petrocedeño

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Infographic showing North American Blue Energy Partners’ planned expansion to 41 Venezuelan drilling rigs in November, reported production of 223,509 barrels of oil equivalent per day, a 17-oilfield agreement and key financing and operational challenges.
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NABEP expands Maracaibo and Orinoco operations after first U.S. oil shipment as production growth accelerates

North American Blue Energy Partners expects its Venezuelan rig fleet to reach 41 units during November after reporting production of 223,509 barrels of oil equivalent per day. The expansion follows a U.S.-backed agreement covering 17 oilfields, but equipment commissioning, field rehabilitation and financing remain central to the company's ambition to exceed one million barrels of daily oil production.