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Venezuela's PDVSA in oil deal with firm part-owned by Florida Republican

Venezuelan state oil firm PDVSA [PDVSA.UL] has signed a deal with little-known U.S. energy firm Erepla, partly owned by a prominent Florida Republican, to help increase the socialist-run country's plummeting crude oil output, the company said. Erepla Services LLC, with an undisclosed stake held by Republican Harry Sargeant III and which Delaware state records show was only registered in November, said it plans to invest up to $500 million to increase production at three Venezuelan oil fields in...
Tags: Florida, Science, Venezuela, Delaware, PDVSA, Sargeant, Petroleos de Venezuela, Erepla, Erepla Services LLC, Harry Sargeant III


Venezuela's PDVSA inks oil deal with firm part-owned by Florida Republican

Venezuelan state oil firm PDVSA [PDVSA.UL] has signed a deal with little-known U.S. energy firm Erepla that is part-owned by a prominent Florida Republican to help increase the socialist-run country's plummeting crude oil output, the company said. Erepla Services LLC, part-owned by Republican Harry Sargeant III and which Delaware state records show was only registered two months ago, said it plans to invest up to $500 million to increase production at three Venezuelan oil fields in exchange for...
Tags: Florida, Science, Venezuela, Delaware, PDVSA, Erepla, Erepla Services LLC, Harry Sargeant III