PDVSA To Boost Orinoco Oil Belt Production

Petroleos de Venezuela, S.A. (PDVSA) is moving forward with a series of heavy oil developments in the Orinoco Oil Belt that will allow a significant increase in production while requiring the development of massive new infrastructure, Ruben Figuera, director of new developments in the Orinoco Oil Belt, told the World Heavy Oil Congress 2014 in New Orleans.