Shell weighing Venezuela offshore investments worth billions of dollars, CEO tells CNBC
ReutersFeb 5, 2026 4:54 PM
Feb 5 (Reuters) - Shell is weighing investments in certain offshore natural gas opportunities in Venezuela involving investments worth a few billion dollars with production expected in the next couple of years, CEO Wael Sawan said in an interview with CNBC on Thursday.
"These are opportunities that could potentially be activated within months," he told CNBC, adding that the company is now awaiting approvals.
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