{"id":79845,"date":"2026-09-03T05:27:45","date_gmt":"2026-09-03T05:27:45","guid":{"rendered":"https:\/\/www.europesays.com\/spain\/79845\/"},"modified":"2026-09-03T05:27:45","modified_gmt":"2026-09-03T05:27:45","slug":"eni-and-repsol-plan-restoration-of-gas-production-from-offshore-venezuela-license","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/spain\/79845\/","title":{"rendered":"Eni and Repsol plan restoration of gas production from offshore Venezuela license"},"content":{"rendered":"<p class=\"MsoNormal\">Operator Eni and 50:50 partner Repsol have <a href=\"https:\/\/www.eni.com\/en-IT\/media\/press-release\/2026\/04\/acting-president-bolivarian-republic-venezuela-delcy-rodriguez-meets-eni-ceo-claudio-descalzi.html\" rel=\"nofollow noopener\" target=\"_blank\">signed a sustainability agreement<\/a> for the Card\u00f3n IV license in the Gulf of Venezuela.<\/p>\n<p class=\"MsoNormal\">This includes Perla, <a href=\"https:\/\/www.offshore-mag.com\/drilling-completion\/article\/16795689\/perla-largest-venezuela-offshore-gas-find-ever-says-eni\" rel=\"nofollow noopener\" target=\"_blank\">claimed by Eni to be the largest offshore gas field<\/a> discovered in Latin America (reportedly 17 Tcf in place). Perla was discovered 50 km offshore in the mid-1970s and further <a href=\"https:\/\/www.offshore-mag.com\/drilling-completion\/article\/16788849\/eni-reports-giant-gas-find-off-venezuela\" rel=\"nofollow noopener\" target=\"_blank\">appraised by the joint venture in 2009<\/a>.<\/p>\n<p class=\"MsoNormal\">The main goals of the agreement are to sustainably continue and relaunch Perla production, increasing volumes for Venezuela\u2019s domestic needs but also creating an outlet for future exports.<\/p>\n<p class=\"MsoNormal\">Eni is also a partner to PDVSA in the PetroSucre joint venture, containing the Corocoro offshore field.<\/p>\n<p class=\"MsoNormal\">In February, <a href=\"https:\/\/www.offshore-mag.com\/regional-reports\/latin-america\/news\/55360766\/venezuela-plans-to-grant-repsol-and-chevron-more-oil-exploration-and-production-blocks\" rel=\"nofollow noopener\" target=\"_blank\">media outlets reported that Venezuela plans to grant<\/a> more oil exploration and production blocks to Repsol and Chevron in a move that is designed to help foreign operators rebuild the country\u2019s energy sector.<\/p>\n<p>Exclusive content:<\/p>\n<p>As shifting US sanctions and evolving Venezuelan energy policies reshape the operating landscape, offshore companies are reassessing whether (and how) to reenter one of Latin &#8230;<\/p>\n<p>A new Offshore reader poll shows broad but cautious optimism, with nearly three-quarters expecting Venezuela\u2019s offshore oil production to increase over the next three years, with&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Operator Eni and 50:50 partner Repsol have signed a sustainability agreement for the Card\u00f3n IV license in the&hellip;\n","protected":false},"author":2,"featured_media":79846,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[120],"tags":[127],"class_list":["post-79845","post","type-post","status-publish","format-standard","has-post-thumbnail","category-repsol","tag-repsol"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/79845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/comments?post=79845"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/79845\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media\/79846"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media?parent=79845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/categories?post=79845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/tags?post=79845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}