Video | Venezuela in global portfolios: risk, restraint, and strategic optionality
New analysis from our Corporate Strategy and Analytics Service (CSAS)
1 minute read
Tom Ellacott
Senior Vice President, Corporate Research
Tom Ellacott
Senior Vice President, Corporate Research
Tom leads our corporate thought leadership, drawing on more than 20 years' industry knowledge.
View Tom Ellacott's full profileNeivan Boroujerdi
Director, Corporate Research
Neivan Boroujerdi
Director, Corporate Research
Neivan leads Wood Mackenzie's global corporate NOC coverage.
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Alex Beeker
Director, Corporate Research
Alex Beeker
Director, Corporate Research
Alex is a research director on our Corporate Research team, focused on the Majors and US Independents.
Latest articles by Alex
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Big Oil: upstream M&A gets serious
US plans to turbocharge Venezuela's upstream sector have sparked intense debate as the industry weighs investment potential against significant risks and challenges. Despite strong White House rhetoric, we expect IOCs and NOCs to remain cautious about committing new capital to the region.
ExxonMobil has described the current situation as “uninvestable,” although it believes this could change. Companies with existing positions in Venezuela, such as Chevron and Repsol, see strong potential to increase output from current fields.
In this CSAS-driven video, we walk through portfolio metrics, strategic fit charts, and reserve maturity—demonstrating how country exposure is evaluated across major energy companies.
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Corporate Strategy & Analytics Service
The Corporate Strategy & Analytics Service (CSAS) enables organisations to forensically analyse capital allocation, define strategic positioning for the energy transition, and benchmark corporate resilience and sustainability in one solution.
Why choose WoodMac’s CSAS?
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A global team of experts supported by 50 years of industry-leading data and analytics
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Independent, timely insight on evolving market conditions and key corporate events
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Action-oriented research delivering credible intelligence to inform investors, management and strategic decision-making