Wednesday, September 21, 2016

UPDATE 1-Venezuela PDVSA awards $3.2 bln oil service contracts, protest brews

CARACAS/HOUSTON, Sept 21 (Reuters) - Venezuela's state oil

company PDVSA said on Wednesday it has awarded $3.2 billion in

contracts to drill wells in the Orinoco Belt, although some

foreign partners are uncomfortable with the rushed tender and

structural problems that could hinder the projects, according to

sources close to the matter.

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