North American Blue Energy Partners, which is partnering with the US government to develop Venezuelan oil fields, is deploying a sixth drilling rig as it ramps up production in the South American country, according to a person familiar with the company’s operations.
North American Blue Energy Partners, the Trump administration-backed driller for Venezuelan oil, plans to more than double crude output in just over two years.
MoneyLIVE North America starts today in Chicago.
Utila will be there meeting banks, fintechs, payment companies, and infrastructure teams building around stablecoins, treasury flows, governance, and digital asset operations.