South America / GoM
Country summary: Venezuela
| Current deals: | 0 |
| Licensing articles: | 88 |
| Completed deals: | 31 |
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Venezuela - recent news
| 29 Apr 26 |
Venezuela: Geoex MCG holds exclusive rights to new Venezuela seismic data acquisition - invites Industry to participate Geoex MCG, a global subsurface data provider, has announced the launch of industry engagement to support a major new offshore 2D seismic acquisition program in Venezuela, as market re-entry accelerates. |
| 29 Apr 26 |
Venezuela: Acting President of Bolivarian Republic of Venezuela Delcy Rodriguez meets with Eni CEO Claudio Descalzi Delcy Rodriguez, Acting President of Bolivarian Republic of Venezuela met with Eni CEO, Claudio Descalzi in Caracas. Eni signed a programmatic agreement with the Ministry of Hydrocarbons and PDVSA to relaunch oil activities, specifically Junin-5 (PDVSA 60%, Eni 40%), located in the Orinoco Belt, a heavy oil field containing 35 billion barrels of certified oil in place. |
| 19 Apr 26 |
Venezuela: Repsol agrees on conditions to increase its oil production in Venezuela Repsol has signed an agreement with the Venezuelan Ministry of Hydrocarbons and the state-owned company Petróleos de Venezuela (PDVSA) that will allow it to increase production of oil at Petroquiriquire (60% PDVSA, 40% Repsol), ensure payment mechanisms, and strengthen the operational framework for its activities in the country, under the Framework Agreement originally signed in 2023. |
| 14 Apr 26 |
Venezuela: Chevron consolidates Venezuela heavy oil position in asset swap Chevron has, through its subsidiaries with interests in Venezuela, agreed to an asset swap with Petroleos de Venezuela, S. A. ('PDVSA') and subsidiaries of PDVSA in a mutually beneficial agreement which will consolidate all parties’ focus on strategic assets in the country. |
| 18 Feb 26 |
Venezuela: Geoex MCG has announced the availability of its multi client seismic data offshore Venezuela Geoex MCG, a global subsurface data provider, has announced the broad availability of its multi client seismic data offshore Venezuela. This release opens the door for exploration companies to re engage with one of the world’s most prolific yet underexplored hydrocarbon regions. |
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