Negotiations to form new joint ventures for the projects continue, PDVSA said in a statement.
PDVSA by law would hold at least 51% of the JVs, under which companies receive a sizable part of their revenue in bolivares.
ENI holds a 30% interest in the Golfo de Paria Este and 26% in Golfo de Paria Oeste projects and Opic has 7.5% in Este and 6.5% in Oeste.
Golfo Oeste, also known as Proyecto Corocoro, is due to start producing 70,000b/d of crude ranging from 17-24 degrees API this year and has a license until 2022. The area is believed to hold 430Mb, PDVSA said.
PetroCanada has 50% of La Ceiba, where partner ExxonMobil (NYSE: XOM) has already signed a MOU with PDVSA for the project, PDVSA said.
PDVSA last year halted production at La Ceiba, which never surpassed a few thousand barrels a day. The project had a 20-year license to produce about 50,000b/d in Trujillo state, western Venezuela, with an estimated gravity of 19-24 degrees API, PDVSA said.
US oil and gas major ConocoPhillips (NYSE: COP) has not yet signed an MOU for its stake in Venezuelan projects, where it holds 37.5% in Golfo Este and 32.5% in Oeste.
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