Hunt Oil Company and SLB signed new production deals with Venezuela on August 19, 2026.
1 report, 1 independent
Updated Aug 19
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What happened
Hunt Oil Company and SLB signed new production deals with Venezuela on August 19, 2026.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- SLB is preparing to reactivate drilling rigs in Venezuela.Sub-event
- Hunt Oil Company is seeking to revitalize Venezuela's oil production, while Donald Trump encourages investment in the sector.Sub-event
Hunt Oil and SLB signed new production deals with Venezuela.1 source
Keep exploring
Part of
SLB is partnering with PDVSA for oil sector modernization in Venezuela, while Trump encourages major investments in the country's energy sector.Also in this story
- Multiple energy companies, including SLB, Halliburton, and Eni, are expanding operations and seeking talent in Venezuela, supported by Trump's energy revival plan.
- Ali Moshiri seeks to invest in Venezuela's oil sector, but PDVSA is slowing down his plans amid Trump's push for energy revival.
- Chevron committed capital to triple Venezuelan oil output after its CEO flew to Caracas to finalize the deal.
- Halliburton is repositioning operations and posting technical sales roles for upstream revival in Venezuela.
The entities involved
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Hunt Oil Company
independent oil and gas company headquartered in Dallas, Texas
Nothing else this week.
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SLB
oilfield services company
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Venezuela
Country in Latin America