UCC | Egypt Oil & Gas

UCC Oil and Gas Eyes Expansion Into New Venezuelan Fields

UCC Oil and Gas is exploring opportunities to enter additional Venezuelan fields following its recent license to develop the Loran gas project with bp and XRG.

Venezuela Awards Gas License to bp, XRG, and UCC

Venezuela has awarded a license to BP, XRG, and UCC Holding to develop the second phase of the Loran offshore gas field, as Caracas seeks to attract foreign investment and expand natural gas production.

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