By Two Texas oil firms will soon be doing business in South America. Venezuelan government officials signed deals with energy executives in Houston this week during the IMAGE 2026 energy conference.
Houston-based oilfield services giant SLB will conduct nationwide studies on reservoir health and recovery potential. Dallas-based Hunt Oil will restore and optimize operations across two oil fields. The two deals are the first commercial energy partnerships signed on U.S. soil under Venezuela’s interim president, Delcy Rodríguez.
