Oilfield Services Archives - The Daily Journal

Committee created to bring together commercial creditors of Venezuela’s debt

August 29, 2026August 29, 2026Tatiana Da GamaLeave a Comment

The Daily Journal. — A group of legal and financial advisers has created a committee to bring together and represent Venezuela’s commercial creditors, aiming to coordinate their participation in the debt restructuring process announced by the government, Reuters reported. The committee, formed in early August and scheduled for an official launch this Thursday, seeks to […]

U.S. Embassy backs agreement between PDVSA and oilfield services company SLB

August 21, 2026August 21, 2026Tatiana Da GamaLeave a Comment

The Daily Journal – The U.S. Embassy in Venezuela expressed its support for a framework services agreement between state-owned Petróleos de Venezuela (PDVSA) and multinational company SLB (formerly known as Schlumberger), as part of efforts to modernize oil exploration and production in the South American country. PDVSA and SLB signed the agreement during the IMAGE […]

Oil equipment supplier SBO puts Venezuela back on its radar

August 20, 2026August 20, 2026Tatiana Da GamaLeave a Comment

Austrian company SBO received an order to deploy its precision technology in Venezuela The Daily Journal.- Venezuela has returned to the business radar of oil equipment supplier SBO after the company received an order to deploy its precision technology in the South American country. According to Klaus Mader, CEO of the Austrian company, the Venezuelan […]