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Oil & Energy

Venezuela signed a contract with an American company for the development of two oil fields

Venezuela signed a contract with US company Hunt Oil to develop the Caro and Carisito oil and gas fields, and announced an alliance with SLB for reservoir studies.

Tracked question

Is the regime's fiscal position stabilizing or collapsing? · Full question dossier →

linked by topic terms: oil

What would settle it: Two quarters of consistent PDVSA output and reserve figures from independent trackers.

Evidence state: establishedas of Sep 12, 2026changed from emerging → establishednot yet linked to a tracked event object in our corpus — no source count yet

Venezuela signed a contract with Hunt Oil for the Caro and Carisito fields.

An alliance with SLB (formerly Schlumberger) was announced for an integrated reservoir study.

The agreements were signed in Houston with a Venezuelan delegation including PDVSA officials.

Oil production averaged 1.2 million bpd in July, up 29.8% since January.

AI-assisted synthesis anchored to a real VeraVadis-analyzed source. Reviewed and approved by a human editor on 2026-08-19. Archive piece: published under our earlier method. It does not carry the per-claim evidence chain — who reported it first and who is echoing whom — that our current pieces carry. The source link and the date are the original ones.