Qatar's UCC in talks for possible entrance into oil, gas areas in Venezuela, executive says
BP•UCC Oil and Gas Holding is in talks about entering new areas in Venezuela, its Upstream head Erik Keskula said. The discussions follow UCC's partnership last month with BP and an ADNOC unit for the Loran gas project offshore Venezuela.
1. Talks on new areas
Qatar's UCC Oil and Gas Holding is in talks for a possible entrance into new areas in Venezuela, Upstream head Erik Keskula said Tuesday. The comments follow the firm's partnership last month with BP and a unit of the United Arab Emirates' ADNOC for the Loran gas project off Venezuela's waters.
