ConocoPhillips had been seizing PDVSA assets in the Caribbean.
Good for ConocoPhilips. I worked on the controls systems for the Petrozuata plant in 1999. This was a joint ConocoPhilips /PdVSA plant. During the controls systems acceptance test in Houston, some of the Venezuelan technicians present at the test were already making bug out plans. It was 1999 and they already saw the writing on the wall. One of the engineers I worked with made a big move from Caracas to Fort McMurray Canada. The refinery in Jose is now a wreck.