Brief: Maurel & Prom Says Activities On Urdaneta Oeste Field In Venezuela, Are Running Satisfactorily

Etablissements Maurel et Prom SA

16/02/2026 06:36

Feb 16 (Reuters) - Etablissements Maurel et Prom SA MAUP.PA:

ACTIVITIES ON URDANETA OESTE FIELD IN VENEZUELA, IN WHICH M&P IBEROAMERICA HOLDS 40% WORKING INTEREST, ARE RUNNING SATISFACTORILY

TEAMS ARE READY TO INITIATE THE NEXT PHASE OF FIELD REDEVELOPMENT ONCE THE APPROPRIATE REGULATORY AND COMMERCIAL FRAMEWORK IS IN PLACE

WELCOMES RECENT REFORM OF VENEZUELA’S HYDROCARBONS FRAMEWORK, ASSOCIATED FISCAL TERMS

MAUREL ET PROM - M&P IS NOT CURRENTLY INCLUDED IN THE LIST OF ENTITIES COVERED GENERAL LICENSE 50 ISSUED BY OFAC

Further company coverage: MAUP.PA

(Gdansk Newsroom)

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