General License 48D (GL 48D)

General License 48D (GL 48D)

The issuance of the new General License 48D (GL 48D) by the Office of Foreign Assets Control (OFAC) expands authorizations for persons and companies subject to U.S. jurisdiction to engage in activities related to the exploration, development, and production of oil and...
General License 48D (GL 48D)

General License 52C (GL 52C)

The framework allowing certain U.S. companies to conduct operations with Petróleos de Venezuela, S.A. (PdVSA) and entities in which PdVSA holds, directly or indirectly, a 50% or greater interest is significantly expanded. This license entirely replaces GL 52B,...
VENEZUELA STRATEGIC ALLIANCE

VENEZUELA STRATEGIC ALLIANCE

Ryder Scott, U3 Explore and Entra Form Strategic Alliance for Venezuela’s Oil and Gas Sector The alliance brings together independent technical evaluation, curated asset intelligence, and in-country legal, contractual, and operational experience. Entra Consulting is...