- SLB is partnering with PDVSA for oil sector modernization in Venezuela, while Trump encourages major investments in the country's energy sector.
- Hunt Oil Company and SLB signed new production deals with Venezuela on August 19, 2026.
SLB is preparing to reactivate drilling rigs in Venezuela.
2 reports, 2 independent
Updated Aug 27
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AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
SLB is preparing to reactivate drilling rigs in Venezuela.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Halliburton and SLB are nearing multibillion-dollar oilfield expansion agreements in Venezuela.Sub-event
SLB secured talks with PDVSA regarding data access and rig reactivation in Venezuela, with future prospects linked to Guyana and the Middle East.1 source
SLB is preparing to reactivate drilling rigs in Venezuela.1 source
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The entities involved
Related events
- Venezuela and Guyana target new energy supplies amid global oil concerns driven by U.S.-Iran strikes and SLB investments.
- Oil India is pursuing new exploration assets in Venezuela and interacting with the state-run oil company PDVSA.
- The Trump administration is nearing a deal to secure access to Venezuelan crude oil, with Halliburton involved in services discussions.