Venezuela’s MINPET to Showcase Opportunities in London at World Energies Summit

Frontier is delighted to announce that Venezuela’s MINPET will feature in a dedicated government showcase at the World Energies Summit in London, taking place between 1st– 2nd October. The country is committed to a campaign to re-evaluate the country’s extensive hydrocarbon potential and in particular increase the certification of its gas reserves. This new development strategy for offshore exploration, being spearheaded by the MINPET is aimed at unlocking more resources in this well-known hydrocarbon country, considered to have the largest oil reserves in the world. 

Significant quantities of hydrocarbons have been found both onshore and in the Lake Maracaibo area, having been sourced from the world class La Luna interval. This interval extends into the offshore resulting in discoveries in time equivalent geological layers within the Caribbean. Offshore gas prospectivity has been demonstrated with accumulations in the Perla field, encouraging and facilitating further exploration into Venezuelan waters. 

Gayle Meikle, CEO at Frontier commented…

“We are excited to welcome the MINPET team to London to present the Venezuelan opportunities to our c-level upstream audience in attendance at our upcoming World Energies Summit 2024. Our conference is dedicated to creating a platform where governments like Venezuela can meet with potential investors and partners and share their vision for how their significant subsurface potential can be accessed and unlocked. I look forward to understanding more about MINPET’s fiscal/ legal terms, the attractive geology at play and their offshore gas exploration campaign which will be presented at the Summit.”

Get in touch with the Frontier team (info@frontierenergy.network) to find out how you and your organisation can be part of this global forum as a Sponsor and Exhibitor for the world upstream.

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