Companies including Chevron, ONGC, and GE Vernova are on track to sign final agreements in Venezuela, according to Reuters. This was reported by Qazaqyia.kz citing Reuters.
Sources say these companies are finalizing negotiations with the Venezuelan government and may sign documents soon. This is part of the country's efforts to attract foreign investment in the oil and gas sector.
According to Reuters, the agreements are aimed at developing Venezuela's natural resources and energy infrastructure. However, specific terms have not been disclosed yet.
This news reflects Venezuela's desire to expand cooperation with international companies. Experts believe such agreements could have a positive impact on the country's economy.