Good article, your article makes me wonder if the oil industry has to reinvent itself to get ahead in countries like Venezuela, that industry is condemned to disappear?
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Good article, your article makes me wonder if the oil industry has to reinvent itself to get ahead in countries like Venezuela, that industry is condemned to disappear?
I believe that the Venezuelan oil industry first has to have a restructuring from within, and regain its infrastructure, as drilling rigs and surface facilities have been lost, and refineries made operational. Once all this has been resumed then apply technological innovations, but it is impossible to innovate under the current conditions that the Venezuelan oil industry finds itself.