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GeoPark Venezuela Deal Reported, No OFAC Licence on Record

Summary by The Rio Times
One agency report says Grupo Gilinski and GeoPark are close to an oil agreement in Venezuela. No filing, no company statement and no United States licence confirms it. The post GeoPark Venezuela Deal Reported, No OFAC Licence on Record appeared first on The Rio Times.

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The proposal contemplates the technical recovery of a field located in the Orinoco Oil Strip, whose extraction declined due to lack of investment. The post Colombian businessman Jaime Gilinski advances in the negotiations to assume oil operations in Venezuela, according to Bloomberg appeared first on El Nacional.

The Gilinskis became GeoPark's largest shareholder in 2026, with 28% of the company.

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A Colombian billionaire would be close to concluding ambitious oil agreement with Venezuela, in the midst of the process of changes and opening that is being implemented in the energy industry of the country. According to Bloomberg, it is Jaime Gilinski, who would be about to seal an oil agreement in Venezuela with GeoPark Ltd., [...] The entry The richest family would be about to close ambitious oil agreement with Venezuela, revealed Bloomberg …

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The agreement would provide for GeoPark to operate the Bare field, in the Orinoco Oil Strip, according to Bloomberg

·Bogota, Colombia
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La República broke the news in Bogota, Colombia on Friday, August 28, 2026.
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