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Baker Hughes Signs Two Agreements to Develop Venezuela’s Natural Gas and Energy Infrastructure
October 15, 2026
Baker Hughes has signed two strategic agreements to accelerate the revitalization of Venezuela’s energy infrastructure across the natural gas value chain and expansion of the country’s energy production. In Caracas, the company signed a strategic alliance agreement with PDVSA, Lindsayca,
LNG Energy Group to Establish a $200 Million Strategic JV to Fund Oil and Gas Investment, Venezuela
October 14, 2026
LNG Energy Group has reached an agreement with Fifth Ocean Management in partnership with Westlawn Group to extend the term of the binding exclusivity agreement and letter of intent (LOI) to November 30, 2026 while the parties finalize due diligence,
Equinor to Divest Its Vaca Muerta Portfolio to Vista Energy for $1.1 Billion
October 9, 2026
Equinor has signed an agreement with Vista Energy to divest its full onshore position in Argentina’s Vaca Muerta basin. The transaction includes Equinor’s 30 percent non-operated interest in the Bandurria Sur asset and its 50 percent non-operated interest in the
Capstone Energy+ Secures 2.6 MW Order to Power Liquefied Natural Gas Infrastructure, Argentina
October 2, 2026
Capstone Energy+ has received a 2.6 MW order and shipped two C1000S gas turbines and one C600S turbine to supply electricity to a remote natural gas compression plant in Argentina. Secured through Capstone’s authorized distributor, Turbine Heat and Power (THP),
Chevron Expands Position in Venezuela With $7 Billion Investment Deal
October 1, 2026
Chevron entered into agreements with Venezuela that establish updated terms for its joint ventures, supporting future investment, project development, and production growth in the country. The agreements set out provisions for Chevron’s joint ventures in Venezuela, including enhanced fiscal, commercial,
EQT Launches Middle East Platform and Opens Abu Dhabi Office
September 23, 2026
EQT has launched its Middle East platform and opened an office in Abu Dhabi Global Market (ADGM), the international financial center of Abu Dhabi. EQT’s Middle East platform is led by Jimmy Mahtani, who has been appointed chairman of Gulf
Halliburton Signs MOU With Eneva and WESCA to Support Energy Development in Venezuela
September 23, 2026
Halliburton has signed memorandums of understanding 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
Continental Resources Signs MOU With PDVSA to Operate, Develop Ayacucho 2 Block, Venezuela
September 21, 2026
Continental Resources has signed a memorandum of understanding (MOU) with Petróleos de Venezuela, S.A. (PDVSA) to operate and develop the Ayacucho 2 Block in Venezuela’s Orinoco Oil Belt, one of the world’s most prolific oil-producing regions. The parties intend to
Texas-based Oil Companies Among First to Sign Contracts with Venezuela
September 17, 2026
Two Texas-based oil companies are among the first to enter agreements with Venezuela, following the United States’ capture of President Nicolás Maduro earlier this year. According to Venezuelan state media, SLB and Hunt Oil Company signed contracts with state-owned oil
GeoPark Makes Major Strategic Entry Into Venezuela with Acquisition of Bare Block
September 16, 2026
GeoPark Limited has made a strategic entry into Venezuela through the Bare Block, a large-scale producing heavy oil asset located in the Orinoco Heavy Oil Belt, one of the world’s largest hydrocarbon accumulations. Bare represents a large-scale brownfield redevelopment opportunity
