Keo Capital unit KEO Energy names Philippe Bize chief operating officer

Bitget2026/10/09 14:08

Keo Capital affiliate KEO Energy appointed Philippe Bize as COO to advance redevelopment of the PetroUrdaneta oil fields in Venezuela. Bize will be based in Venezuela to build PetroUrdaneta operations, support ramp-up, evaluate future regional oil and gas deals. KEO Energy holds a 24% stake in PetroUrdaneta, with a binding agreement to lift the interest to 40%. Keo Capital paid EUR 4.6 million in March 2024 for acquisition rights, then paid another EUR 4.6 million in March 2026. A July 2026 deal targets an extra 16% for USD 37.5 million, with a contingent EUR 18 million tied to production. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Keo Capital AB published the original content used to generate this news brief on October 09, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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