Asset Management

The deals, with a potential value exceeding $3.7 billion, are aimed at strengthening Saudi Aramco’s supply chains and expanding its use of industrial artificial intelligence.
The supermajor expects output to double to about 600,000 B/D as a result of a new agreement with one of its joint ventures in Venezuela.
Brownfield redevelopment and new exploration projects could lift Venezuelan output above 2 million B/D by next decade.

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