evidence: Venezuelan state-owned PDVSA and the Nigerian capital company Veneoranto Petroleum Ltd. signed an agreement to develop two natural gas prospects in the areas of Barracuda, located in territorial waters of the Gulf of Venezuela bordering Colombia, and Boca de Serpiente, located in Delta Amacuro state, bordering a territory under claim by Guyana. [...] Th offshore prospect called Barracuda in the Gulf of Venezuela, is estimated to have reserves of 20 Tcf of natural gas and about 2 trillion barrels of condensate, according to available official information. [...] PDVSA is seeking investors for 25 development opportunities in offshore Gulf of Venezuela waters, which have the advantage of nearby onshore infrastructure, the Paraguaná Peninsula, where the two major refineries Amuay and Cardón are located, according to previous reports.