El Ministro de Energía y Petróleo y presidente de Pdvsa, Rafael Ramírez, firmó junto al presidente y director ejecutivo de StatoilHydro, Helge Lund, el convenio para la ejecución del estudio de cuantificación y certificación de reservas en los yasimientos existentes en el bloque Junín 10 de la Faja Petrolífera del Orinoco.
24/01/2008 :: StatoilHydro’s President and CEO, Helge Lund has today signed two agreements with Rafael Ramirez, Venezuela’s Oil and Energy Minister and CEO of PDVSA. The first agreement covers the work to quantify the reserves of the block Junín 10 in the Orinoco Belt. The block covers an area of 593 Km2. The other agreement is to do a development study for this block.
“With the signing of these agreements, we are confirming our long term commitment to Venezuela and interest to expand our industrial activity in this country. The signing of these agreements represents a great opportunity to StatoilHydro to support the development of the Venezuelan oil business”, says Helge Lund, President and CEO of StatoilHydro.
“As a group we have the commitment to build international platforms for growth, through leveraging technology to manage complexity particular within deepwater, gas value chains, harsh environments and extra heavy oil. A further expansion of our business in Venezuela fits very well with this strategy,” Lund adds.
In Venezuela, the group has been present since 1995 and has a 9.7% interest in the extra heavy oil project, Petrocedeño (former Sincor) that processes, refines, and sells upgraded crude oil with an average density of 32 API. The most valuable upgraded crude oil in Venezuela. StatoilHydro is also the operator of Block 4 in Plataforma Deltana, offshore Venezuela, where the exploratory campaign was recently completed.
StatoilHydro