Baker Hughes signed an alliance with PDVSA, Lindsayca and Fulcrum LNG to expand Venezuela’s natural-gas infrastructure, and a separate memorandum with New Stratus Energy to support future oil and gas development. The agreements establish a framework for potential projects—not finalized commitments—and any work will require further approvals, including applicable U.S. sanctions authorizations.

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Compañía petrolera propiedad del gobierno venezolano

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PDVSA· Business · 14 sources · 1dStory

Baker Hughes Signs Framework Deal to Expand Venezuela Gas Infrastructure

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About PDVSA

Petróleos de Venezuela, S.A. es la compañía estatal de petróleo y gas de Venezuela. Tiene actividades en exploración, producción, refinación y exportación de petróleo, así como exploración y producción de gas natural. Desde su fundación el 1 de enero de 1976, con la nacionalización de la industria petrolera venezolana, PDVSA ha dominado la industria del petróleo de Venezuela, uno de los mayores exportadores de petróleo del mundo.

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Country: Venezuela
Headquarters: Caracas
Inception: August 30, 1975
Website: http://www.pdvsa.com

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