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Continental Signs Venezuela Oil Block Deal With PDVSA


These translations are done via Google Translate

FILE PHOTO: A man walks past a gas station with the logos of the Venezuelan state oil company PDVSA in Caracas, Venezuela December 23, 2016. REUTERS/Carlos Garcia Rawlins/File Photo

Sept 16 (Reuters) – U.S. oil ​producer Continental ‌Resources on ​Wednesday ​signed a memorandum ⁠of ​understanding ​with Venezuela’s state-run Petroleos ​de ​Venezuela, S.A. (PDVSA) to ‌develop ⁠the Ayacucho 2 ​block ​in ⁠the Orinoco ​Belt.

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Reporting ​by ⁠Sumit Saha ⁠in ​Bengaluru; ​Editing by ​Diti Pujara


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