Sources: Eneva, a Brazilian company, is in negotiations with Maha to form a joint venture in Venezuela
Two sources who have direct knowledge of this matter said that Eneva, a Brazilian energy firm, is evaluating options to enter Venezuela's oil and gas sector. It is also in discussions with Maha Capital from Sweden about forming a joint venture.
According to a source who did not want to be identified, the Brazilian oil and gas producer was in discussions with other companies than Maha.
Both sources stated that the talks are still?preliminary. Eneva and Maha declined comment.
Donald Trump, the U.S. President, encouraged investors to invest in Venezuela after Maduro's capture in Caracas at the beginning of January.
Venezuela passed a reform of its oil law last week. The measure is expected to boost foreign investment after 20 years of strict nationalism.
Delcy Roddo, Interim President of the Republic, said that investments will be made in 'new fields' where there is no infrastructure.
Maha Capital's?main shareholder, Brazilian asset manager Starboard has an option to purchase a stake in Venezuelan oil fields run by PDVSA, the state oil company of Venezuela.
Maha is awaiting approval from the U.S. before moving forward in Venezuela. Reporting by Rodrigo Viga Gaier in Rio de Janeiro and Marta Nogueira; Editing and production by Brendan O'Boyle, Sarah Morland
(source: Reuters)
