"Campo Boscan, discovered in 1945, continues to produce over 100,000 barrels daily, despite the surrounding decay and neglect that has affected its operations significantly."
"Albenis Merchan, a drilling technician, reflects on the past, stating, 'We used to receive maintenance and safety training all the time. Supplies and spare parts were never lacking.'"
"Chevron's joint venture with PDVSA, known as Petroboscan, represents a new phase in US-Venezuela relations, with Chevron controlling 40% of the operation since 2022."
"The oil boom in South America and the Caribbean is fueled by new deep-water discoveries, prompting interest from major energy companies to return to Venezuela."
Campo Boscan, located in western Venezuela, is a significant oilfield producing over 100,000 barrels daily. Despite its potential, the area suffers from neglect, with broken roads and inadequate maintenance. Albenis Merchan, a drilling technician, recalls better times when supplies were plentiful and safety training was regular. The field, discovered in 1945, is now operated as a joint venture between Chevron and PDVSA, with Chevron holding 40% since 2022. This partnership signals a potential shift in US-Venezuela relations amid a global oil boom driven by new discoveries in the region.
Read at www.theguardian.com
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