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ADNOC-backed XRG enters Venezuela with stake in 4-Tcf Loran gas license

ADNOC-backed XRG enters Venezuela with stake in 4-Tcf Loran gas license

by Offshore Reporter | Aug 13, 2026 | Offshore

XRG is entering Venezuela through an interest in the offshore Loran gas license alongside bp and UCC, giving the ADNOC-backed company exposure to more than 4 Tcf of proven gas resources.

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ADNOC-backed XRG enters Venezuela with stake in 4-Tcf Loran gas license

Latest News

Mammoet completes critical topsides operations for Aker BP’s Yggdrasil project

ExxonMobil identifies four Guyana exploration opportunities using AI

Suriname offshore oil and gas momentum builds as GranMorgu advances

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