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'Service Contract With State-Run PDVSA Gives SLB Access To Venezuela's Oilfield Data, Sources Say' - Reuters Exclusive

Aug 25, 2026 · 01:53 PM ET· updated 1h ago

Agreement involves management of data including reservoir characterization, real-time oil outputPDVSA staff using free-access applications to communicate after cyberattackContract details, from duration to payment

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Why It Matters

Schlumberger got a deal to help Venezuela's oil company manage and understand their oil field information. This shows the company is working in a tricky part of the world, so watch for news about whether this partnership actually helps them make money or faces problems.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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