Venezuela set to start massive Orinoco heavy crude project

With the help of Houston-based Schlumberger, Halliburton and Baker Hughes, Petroleos de Venezuela will start “one of the world’s largest drilling projects” in the Orinoco heavy crude belt. “The project involves contracting integrated services for platform construction, drilling, completion and connection of wells for joint ventures Petrocarabobo, Petrovictoria and Petroindependencia located in the belt,” the company ...