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Vietnam: setting sights on Venezuela oilfield.

Vietnam eyes Maracaibo

State-owned PetroVietnam and Venezuela’s PDVSA are in joint venture talks to develop oilfields in venezuela's Lake Maracaibo area.

State-owned PetroVietnam and Venezuela’s PDVSA are in joint venture talks to develop the Maracaibo area of western Venezuela.

A Dow Jones report said PetroVietnam and PDVSA have conducted joint studies of oil production at the Lagomar, Lagomedio and Centro Lago fields in Maracaibo.

The studies started in September 2007.

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