economy

Venezuela and Maurel & Prom strengthen alliances to boost oil production

This Wednesday, the acting president of the Bolivarian Republic of Venezuela, Delcy Rodríguez, held a working meeting with representatives of the French oil company Maurel & Prom, with the aim of creating major alliances to strengthen hydrocarbon production.

Venezuela and Maurel & Prom strengthen alliances to boost oil production

TL;DR

  • Venezuela's acting president, Delcy Rodríguez, met with Maurel & Prom executives.
  • The meeting aimed to forge alliances for increased hydrocarbon production.
  • This initiative supports the Hydrocarbons Engine of the Bolivarian Economic Agenda.
  • Maurel & Prom expressed willingness to continue operations in Venezuela.
  • The Hydrocarbons Engine focuses on production, supply, and export for energy growth.
  • Venezuela aims to attract national and foreign investments through the Organic Hydrocarbons Law.
  • The country experienced economic recovery in 2025, with increased oil production and investment.
  • Reforming the Hydrocarbons Law seeks to convert subsoil potential into wealth and solidify Venezuela's position as a major oil producer.