Venezuela

Venezuela has the largest oil reserves in the western hemisphere, and is an important country to StatoilHydro.

Aside from the group’s current activities, we are pursuing business opportunities in Venezuela offshore, in relation to extra-heavy crude operations on land and in developing gas value chains

Plataforma Deltana

Plataforma Deltana is an offshore area in the Atlantic Ocean, adjacent to Venezuela’s border with Trinidad & Tobago.

Petrocedeno

StatoilHydro has a 9,67% interest in Petrocedeño, the most successful extra-heavy crude project in Venezuela.

Sustainability report 2007

Venezuela

We support a Venezuelan-Norwegian exchange programme for petroleum technology.

Country facts:

Official name:

Bolivarian Republic of Venezuela

Area: 912,050 sq.km.
Population: 26,6 million (2005)
Form of government: Federal republic
Capital: Caracas (5 million)
Language: Spanish
Religion: Roman Catholic
Currency: Bolivar
GDP per capita: 4,600 (2005)
Industries: Oil, telecommunications, consumer goods, mining, agriculture
Time difference from Norway: Summer 6 hours behind, winter 5 hours

Source: UK Foreign & Commonwealth Office

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