Halliburton Signs Agreements to Support Energy Development Opportunities in Venezuela
Halliburton Signs Agreements to Support Energy Development Opportunities in Venezuela
Halliburton (NYSE: HAL) announced the signing of memorandums of understanding (MOUs) with Eneva and WESCA to support energy development opportunities in Venezuela and help customers advance projects in the country's oil and gas sector.
With nearly nine decades of experience in Venezuela, Halliburton helps customers advance projects through strategically located bases in the country and by established operational capabilities and local expertise.
Halliburton and Eneva, one of Brazil’s leading integrated energy companies and the country’s largest private natural gas operator, will collaborate to identify and pursue development opportunities in Venezuela. The agreement builds on the companies' existing relationship in Brazil.
Under the agreement with WESCA, Halliburton will support field evaluation and development planning in Venezuela. The companies currently work together to advance reservoir understanding and support development decisions through digital technologies and subsurface interpretation.
"These agreements highlight Halliburton's efforts to help customers unlock value from their assets through technology, collaboration, and execution excellence," said Francisco Tarazona, senior vice president, Latin America, Halliburton.
The agreements underscore Halliburton's long-standing presence in Venezuela and its focus on customer collaboration and operational excellence.
"Halliburton has a long history in Venezuela and supports customers as they pursue growth opportunities," said Tarazona. "We look forward to working with Eneva and WESCA to advance development opportunities and support the country's evolving energy sector.”
ABOUT HALLIBURTON
Halliburton is one of the world's leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Visit us at www.halliburton.com; Connect with us on LinkedIn, YouTube, Instagram, and Facebook.
Investor Relations
David Coleman
Investors@Halliburton.com
281-871-2688
Media Relations
Alexandra Franceschi
PR@Halliburton.com
281-871-3602
View source version on businesswire.com: https://www.businesswire.com/news/home/20260921610403/en/
The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
4 Stocks to Buy Before They Rise Further
2 Undervalued Stocks to Buy Before They Rebound
The 10 Best Dividend Stocks
12 Best Blue-Chip Stocks to Buy for the Long Term
United States