Venezuela Energy Week 2026 adds farm-in, farm-out forum for upstream deals

Venezuela Energy Week 2026 will add a dedicated Farm-In/Farm-Out Forum in Caracas on Oct. 26-29, creating a transaction-focused venue for upstream asset sales, partnerships and new investment. The event is aimed at connecting operators, license holders, state entities and investors as Venezuela looks to expand oil and gas output and attract technical and financial partners.

Why it matters: - Venezuela is trying to accelerate upstream recovery by pairing asset owners with outside capital and expertise. - The forum is built to help move projects from interest to deal terms, equity participation and operatorship discussions. - Farm-in and farm-out structures are becoming a key way to manage risk in emerging and re-emerging oil and gas markets.

What happened: - Venezuela Energy Week 2026 will launch a dedicated Farm-In/Farm-Out Forum. - The forum will run during Venezuela Energy Week 2026 in Caracas from Oct. 26-29. - Energy Capital & Power is organizing the event. - James Chester, CEO of Energy Capital & Power, said the upstream sector is increasingly defined by partnership structures rather than standalone development.

The details: - The forum will center on a curated portfolio of upstream assets. - Operators, license holders and state entities will present defined opportunities to targeted companies seeking entry, expansion or strategic participation. - Asset categories will include producing fields, brownfield redevelopment projects, undeveloped blocks and offshore gas prospects. - The Orinoco Belt will feature heavy oil recovery opportunities using enhanced production techniques and technology deployment. - Western Venezuela will highlight mature assets with redevelopment potential and near-term output gains. - Offshore and eastern gas developments will focus on regional gas monetization and supply. - Participants will meet asset owners through structured presentations and closed-door discussions. - Discussion topics will include deal terms, equity participation, operatorship models and phased development strategies. - The forum is open for asset submissions and participation requests from operators, license holders and investors. - The event website includes forum access and submission channels for upstream assets and participation requests.

Between the lines: - The forum signals a shift from broad networking to specific transaction-making around identified assets. - Venezuela is positioning its resource base as attractive to companies that want phased entry instead of full upfront exposure. - The structure suggests organizers want to match high-potential assets with partners that can bring funding, technology and operational capacity.

What's next: - Asset submissions and participation requests are now being accepted. - Companies seeking exposure to Venezuela's upstream sector can engage directly with the VEW upstream team ahead of the October event. - The Caracas gathering is expected to be a key venue for government leaders, operators, investors and service companies to advance energy-sector investment discussions.

The bottom line: - Venezuela Energy Week 2026 is turning its upstream program into a dealmaking forum aimed at unlocking oil and gas assets through farm-in and farm-out partnerships.