Halliburton CompanyNYSE: HAL

Halliburton Signs Agreements to Support Energy Development Opportunities in Venezuela

· Issued by Halliburton Company via Business Wire

Summary by 6ix AI

Halliburton, a provider of products and services to the energy industry, has signed memorandums of understanding (written agreements setting out how the companies plan to work together) with Eneva and WESCA. The agreements are to support energy development opportunities in Venezuela and help customers advance oil and gas projects there.

Key details

  • Halliburton and Eneva, which the company describes as Brazil's largest private natural gas operator, will work together to identify and pursue development opportunities in Venezuela. The agreement builds on the two companies' existing relationship in Brazil.
  • Under the agreement with WESCA, Halliburton will support field evaluation and development planning in Venezuela. The two companies already work together on understanding oil and gas reservoirs, using digital technologies and analysis of underground rock formations.
  • Halliburton says it has nearly nine decades of experience in Venezuela and operates bases in the country.

What’s still pending

  • The Eneva agreement covers identifying and pursuing development opportunities. No specific projects are named.

6ix AI wrote this summary from the release below and checked it against the release.

HOUSTON, September 21, 2026--(BUSINESS WIRE)--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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260921610403/en/

Contacts

Investor Relations
David Coleman
[email protected]
281-871-2688

Media Relations
Alexandra Franceschi
[email protected]
281-871-3602

View original source (Business Wire)Halliburton Company on 6ix

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