Venezuela’s President Nicolas Maduro (C), head of Russian state oil firm Rosneft Igor Sechin (centre L), and Venezuela’s Oil Minister and President of the Venezuelan state oil company PDVSA Manuel Quevedo meet in Maiquetia, Venezuela December 16, 2017. Miraflores Palace/Handout via REUTERS
December 17, 2017
MOSCOW (Reuters) – Venezuela has awarded licenses to a unit of Russian oil major Rosneft <ROSN.MM> to develop two offshore gas fields, Rosneft said in a statement.
Venezuelan President Nicolas Maduro signed a document on the deal during a visit to Venezuela by Rosneft CEO Igor Sechin, it said.
During the visit, Sechin also discussed Rosneft’s cooperation with Venezuelan state energy company PDVSA, the statement said.
(Reporting by Christian Lowe; Editing by Gareth Jones)
