RIO DE JANEIRO, BRAZIL - (Reuters) Venezuelan officials have met in recent months with small domestic oilfield contractors to propose letting them operate fields owned by state-owned Petroleos de Venezuela (PDVSA) and receiving part of the proceeds, according to six people with knowledge of the talks.
President Nicolas Maduro, facing a collapse in crude output and U.S. sanctions aimed at ousting him, is seeking to attract investments to the OPEC nation by offering even sweeter terms than a 2018 plan that walked back elements of the country’s nationalist oil industry platform.
It was unclear whether any companies have . . .