Caracas bound.In January, [Venezuela's] PDVSA PDVSA Petroleos De Venezuela, SA , the world's second-ranked oil company, expects to open international bids for exploration and production rights in 10 areas, holding an estimated 23 billion barrels of light and medium crudes--or more. Investments of US$11 billion over the next 10 years and additional production of between S00,000 and 800,000 barrels per day Barrels per day (abbreviated BPD, bbl/d, bpd, bd or b/d) is a measurement used to describe the amount of crude oil (measured in barrels) produced or consumed by an entity in one day. are just some of the figures being bandied about.While PDVSA's backroom boys Noun 1. backroom boy - an expert adviser involved in making important decisions but usually lacking official status brain truster adviser, advisor, consultant - an expert who gives advice; "an adviser helped students select their courses"; "the United States have been hatching the profit-sharing scheme for years, not long ago, the sweeping Congressional approval it received in July would have been unthinkable. But, with barely a murmur murmur /mur·mur/ (mur´mer) [L.] an auscultatory sound, particularly a periodic sound of short duration of cardiac or vascular origin. anemic murmur a cardiac murmur heard in anemia. of nationalistic outrage in evidence, 88 mainly foreign oil firms registered in late August to take part. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion