Chevron to double oil rigs in Venezuela as part of $7B five-year investment, CFO says (CVX:NYSE)

Chevron (CVX) plans to more than double the number of oil rigs it ​operates in Venezuela as part of its $7B, five-year expansion ‌to boost production in the country to ~600K bbl/day, CFO Eimear Bonner said Tuesday at a Barclays conference.