Denarius Holding Commits $400M to Venezuela's CEMA Oil Field
Miami – – September 19, 2026 -- Denarius Holding Group Inc., a Florida-headquartered, U.S.-incorporated energy holding company, disclosed on September 16 a long-term investment to develop the CEMA Oil Field in Anzoátegui State, Venezuela, formerly known as the Petrokariña Oil Field.
Denarius structures the deal through a Venezuelan production-sharing contract
The investment flows through Denarius's principal partnership in Minerosol Group C.A., which has executed a Hydrocarbons Production Participation Contract (CPPH) with state oil company Petróleos de Venezuela, S.A. (PDVSA). The company clarified that this agreement covers the CEMA field in eastern Venezuela and is separate from an existing Petrokariña Joint Venture operating in the west of the country.