Name: Venezuela in transition? First steps toward upstream recovery
Brand: Wood Mackenzie
SKU: 103908
Price: 1350 USD
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Author: Wood Mackenzie

Insight 04 February 2019

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Political events in Venezuela have been unfolding rapidly. A self-proclaimed president and US sanctions on NOC PdVSA have made an unstable domestic environment even more unpredictable. We describe the current state of the industry, field conditions, and what is needed to turn the oil sector around. Service companies will have an important role to play in the sector's near-term recovery. At the same time, competitive fiscal terms will be key to attracting the best operators to grow production further.</div>
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                    <h3 class="alpha push-half--bottom">Table of contents</h3>

<li class="list__item-toggle font-semibold">
        Executive Summary
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<li class="list__item-toggle font-semibold">
        Sketching the scene
    </li>

<li class="list__item-toggle font-semibold">
        What is the status of PdVSA?
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        <a href="#cf96f6b2-9f20-4af8-a8b0-bb9054a6cd62" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="cf96f6b2-9f20-4af8-a8b0-bb9054a6cd62" aria-expanded="false">
            So what does it take to recover?
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        Legacy vs. the future
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        Fiscal terms
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    <li class="push-quarter--bottom">
        The corporate landscape
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        Turning the corner is within reach
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<p class="push-half--bottom">This report includes the following images and tables:</p>

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        <li class="list__item push-quarter--bottom">Production by area 2008-2026</li><li class="list__item push-quarter--bottom">Faja JV production 2019</li><li class="list__item push-quarter--bottom">Faja JV projects</li><li class="list__item push-quarter--bottom">Government take in Latin America</li>
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<p class="font-regular" >Venezuela in transition? First steps toward upstream recovery</p>
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