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Oil rigs pulled from storage as Venezuela eyes 1.3m barrels a day

Cyprus Mail 03 May 2026, 07:00
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Oil rigs pulled from storage as Venezuela eyes 1.3m barrels a day
Oilfield service companies that for years kept rigs and specialized equipment stored in Venezuela have begun removing them from warehouses for assembly and repair as the government ​advances a review of oil and gas contracts that could lead to fresh activity, four sources involved in the preparations said. Since a sweeping reform of Venezuela’s ‌main […]