🇻🇪 🇻🇪 Banca y Negocios: Israeli energy company NewMed Energy is negotiating to acquire a 60% stake in an undisclosed Venezuelan oil company with offshore operations and active wells. The transaction will mark Newmed's first major step into South America, and will expand its oil and gas portfolio beyond its Leviathan offshore gas operations in the Eastern Mediterranean. The value of the deal and the identity of the Venezuelan company were not disclosed. @wfwitness.

🇻🇪 🇻🇪 Banca y Negocios: Israeli energy company NewMed Energy is negotiating to acquire a 60% stake in an undisclosed Venezuelan oil company with offshore operations and active wells. The transaction will mark Newmed's first major step into South America, and will expand its oil and gas portfolio beyond its Leviathan offshore gas operations in the Eastern Mediterranean. The value of the deal and the identity of the Venezuelan company were not disclosed. @wfwitness.