Maha Energy, a Swedish company, is entering Venezuela following the U.S.’s relaxation of sanctions on the country. Maha secured rights in the Petrourdaneta project, linked to Brazil’s Novonor group. Kjetil Solbraekke, Maha’s CEO, confirmed this development. If successful, Maha might obtain Novonor’s 40% share in a joint venture. This venture involves Petróleos de Venezuela, the […]
