CaracasActing president Delcy Rodríguez claims 17 oil fields will earn $200 billion.
Critics say Venezuela may have left billions on the table by skipping an open auction.
The US Office of Strategic Capital owns a third of the operator, and the US gets 20% of output at cost.
The operator says output rises from 200,000 to 500,000 barrels a day by the end of 2028.
How each outlet framed it
- Dialogue Earth leans critical
- details the NABEP ownership stake, the 20% preferential US access at cost, and the lack of a competitive auction
Sources: Dialogue Earth