Halliburton Energy Collaboration

Halliburton has announced the signing of 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 operational experience in Venezuela, Halliburton utilizes strategically located bases, established operational capabilities, and local expertise to support its customers.

Addressing the Industrial Challenge
Energy operators and oil and gas companies in Venezuela face complex demands regarding asset management, field evaluation, and reservoir understanding. To successfully pursue growth opportunities and unlock asset value through technology, collaboration, and execution excellence, companies require specialized strategic partnerships and advanced subsurface interpretation capabilities.

Technical Solution and Responsibilities
The collaboration leverages specific strengths from each participating entity. Halliburton and Eneva, one of Brazil's leading integrated energy companies and its largest private natural gas operator, will collaborate to identify and pursue development opportunities in Venezuela, building upon their existing relationship in Brazil. Under the agreement with WESCA, Halliburton will support field evaluation and development planning. Both companies currently work together to advance reservoir understanding and support development decisions using digital technologies and subsurface interpretation. Francisco Tarazona, senior vice president for Latin America at Halliburton, noted that the agreements underscore the company's long-standing presence in Venezuela and its focus on customer collaboration and operational excellence.

Deployment and Operational Integration
The partnerships build upon Halliburton's long-standing presence and established infrastructure in Venezuela. By combining Halliburton's operational capabilities with Eneva's regional energy leadership and WESCA's subsurface interpretation workflows, the partners integrate digital technologies and technical expertise directly into field evaluation and development planning frameworks.

Applications and Use Cases
The collaborative agreements are applied across Venezuela's oil and gas sector. Specific operational use cases include identifying and pursuing energy development opportunities, conducting field evaluations, supporting development planning, and advancing reservoir understanding through digital technologies and subsurface interpretation.

Results and Expected Impact
These agreements highlight Halliburton's ongoing efforts to help customers unlock asset value through technology, collaboration, and execution excellence. As Francisco Tarazona stated, the company looks forward to working with Eneva and WESCA to advance development opportunities and support the country's evolving energy sector.

Edited by Maria Brueva, Induportals editor – adapted by AI.

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