NABEP to Deploy 52 Drilling Rigs in Venezuela
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Insights by Echo AI
The Venezuelan oil company NABEP, backed by the Trump administration, plans to dispatch more than 50 drilling rigs to Venezuela over the next few years. The first six rigs are expected by the end of 2026, with another 12 planned for 2027. Additionally, NABEP aims to use around 30 rigs for capital repairs of wells. This move is part of a broader plan to significantly increase Venezuela's oil production and expand its infrastructure.
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The Venezuelan oil company run by businessman Alejandro Betancourt pla...
Exclusive: The Venezuelan oil company run by businessman Alejandro Bet...
Нефтяная компания NABEP, которую поддерживает администрация Трампа, на...
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