Halliburton Signs New Memorandums of Understanding in Venezuela
Halliburton has signed memorandums of understanding (MoUs) with Eneva, Brazil's largest private natural gas operator, and WESCA to advance energy development opportunities in Venezuela. The agreements aim to support projects within the country’s oil and gas sector by leveraging Halliburton’s established presence and expertise. Under these MoUs, Halliburton will collaborate with Eneva on identifying and launching new development projects in Venezuela—building on their prior partnership in Brazil—and work with WESCA on field evaluation and planning activities. The collaboration includes using digital technology for subsurface analysis to enhance reservoir understanding and decision-making processes. Halliburton has maintained a long-standing presence in Venezuela, operating there for nearly 90 years. In addition, the company recently secured a contract from Eni for its Cronos project offshore Cyprus, which involves integrated drilling services across multiple wells.
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Topics: Eneva Halliburton oil and gas Venezuela WESCA