Italian Energy Giant Eni Signs Deal to Operate Venezuela's Junín-5 Oilfield

Eni signs deal with Venezuela to operate giant Junin-5 oilfield

(ANSA) - ROME, SEP 2 - Italian energy giant Eni said Wednesday that it has signed an agreement with Venezuela to develop the Junín 5 giant onshore oifield in the Orinoco Belt. "This agreement represents a new pillar for the revival of the country's oil and gas sector, at a historic time when energy security, based on abundant resources and diversified supply routes, is vital to global stability," said ENI CEO Claudio Descalzi. "Venezuela can now embark on a path of energy development and econ...

By ANSA