Oil giant returns to Venezuela! ExxonMobil (XOM.US) reportedly granted evaluation rights for 7 areas, opening a one-year exclusive negotiation window.
Zhitong Finance APP has learned that, according to four people familiar with the matter, Exxon Mobil (XOM.US) has reached a preliminary agreement with the Venezuelan government and the country's state oil company PDVSA, under which the U.S. oil giant is permitted to assess the development potential of 7 blocks, covering undeveloped oilfields, mature oilfields, and one exploration block.
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