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Amos Global Awaits US License to Expand in Venezuela s Shallow Waters

Amos Global Awaits US License to Expand in Venezuela s Shallow Waters
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Amos Global awaits US license to expand in Venezuela s shallow waters

Houston-based investment fund Amos Global Energy is waiting for a license from the U.S. Treasury Department to complete the purchase of Chinese Sinopec s stake in a shallow-water oil and gas project in Venezuela, the company said on Tuesday.

Amos Global Energy Eyes Expansion in Venezuela Amid U S Sanctions

Houston-based Amos Global Energy is awaiting a U.S. Treasury Department license to acquire Chinese Sinopec's stake in a Venezuelan oil and gas project. As the U.S. tightens sanctions, the firm seeks to broaden its influence in Venezuela's energy sector. Additional collaborations with Italy's Eni are also in discussion.

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