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BP, XRG, and UCC on 4 tcf Venezuelan gas quest as offshore development gathers pace

Barchart·08/14/2026 06:06:23
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UK-headquartered energy giant BP and its partners, ADNOC’s XRG and UCC Oil and Gas Holding, have secured a key licence off the coast of Venezuela in a push to unlock 4 trillion cubic feet (tcf) of proven gas resources.

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