Halliburton signs pacts to support Venezuela energy projects. On Sep 21, 2026 U.S. companies seek to secure new oil deals in the country. September 21, 2026 10:42 AM, EDT (Luke Sharrett/Bloomberg) Key takeaways: * Halliburton Co., the world's biggest provider of fracking services, said it signed non-binding agreements with Eneva SA and West-Construcciones CA to support the development of oil and gas projects in Venezuela. Halliburton said it will work with Eneva, * The deals expand Halliburton's presence as U.S. companies pursue opportunities in Venezuela and follow efforts to reverse asset seizures and restrictions. * Halliburton said it will identify natural gas opportunities with Eneva and support field development planning with WESCA. Halliburton Co., the world's biggest provider of fracking services, said it signed non-binding agreements with Eneva SA and West-Construcciones CA to support the development of oil and gas projects in Venezuela. Halliburton said it will work with Eneva, Brazil's largest private natural gas operator, to identify natural gas development opportunities, according to a statement Sept. 21. In a separate memorandum of understanding with engineering firm WESCA, Halliburton said it will support field development and planning in the country. The agreements add to Halliburton's presence in Venezuela as U.S. companies seek to secure new oil deals in the country. President Donald Trump has sought to assist in the return of U.S. oil and gas companies to the country, including pressing Venezuelan leadership to cancel the auction of assets seized from Halliburton in February. Download Interactive Maps The Houston-based company shut down primary operations in Venezuela in 2020 amid tightening US sanctions against the nation's socialist regime. Halliburton ranks No. 9 on the Transport Topics Top 100 list of the largest private carriers in North America and No. 1 among petroleum and chemical carriers.

Halliburton cements move toward Venezuela with Eneva, WESCA mous - 2nd update. Published on 09/21/2026 at 10:20 am EDT By Elias Schisgall Halliburton signed memorandums of understanding with Eneva and WESCA to support energy-development opportunities in Venezuela, cementing the company's movement toward ramping up business in the country after the Trump administration secured control over much of its oil fields. Eneva, a Brazilian energy firm, would collaborate with Halliburton on identifying and pursuing opportunities for development in Venezuela, building on their existing relationship in Brazil. Halliburton would also support field evaluation and development planning in Venezuela under its agreement with WESCA. "Halliburton has a long history in Venezuela and supports customers as they pursue growth opportunities," Halliburton's senior vice president for Latin America, Francisco Tarazona, said. "We look forward to working with Eneva and WESCA to advance development opportunities and support the country's evolving energy sector." Jeff Miller, Chief Executive of the oilfield-services company, told investors in January that he was optimistic about the firm growing its business in Venezuela following the Trump Administration's ouster of former Venezuelan President Nicolas Maduro, saying his phone was "ringing off the hook" from interested parties. Halliburton had exited Venezuela in 2019 to comply with U.S. sanctions but maintained a footprint in the company that would allow it to scale operations. Other American firms have signed deals to pursue business in Venezuela in recent weeks, after President Trump's August announcement that the U.S. reached a deal with interim President Delcy Rodriguez to take control of many of the country's oil fields. Chevron earlier this month said it plans to invest more than $7 billion in the country over the next five years. Continental Resources, a firm led by billionaire Harold Hamm, signed a tentative agreement to venture into the country last week. U.S. firms GE Vernova, Primavera and Aspect Holdings have all also signed deals to boost oil-and-gas production in Venezuela. Exxon Mobil is nearing a preliminary deal to explore investment opportunities in the country's oil fields through an MOU with the state-run company Petroleos de Venezuela, The Wall Street Journal reported last week, citing people familiar with the matter. Write to Elias Schisgall at [email protected] (END) Dow Jones Newswires 09-21-26 1019ET (C) Dow Jones - 2026