Halliburton Seeks Talent in Venezuela: Potential Return to Oil Market?

by Chief Editor

Halliburton, a major oilfield services company, began collecting resumes from engineers, technicians, and other specialized professionals in Venezuela on January 16th, according to a posting on its employment portal. This effort to build a “talent network” within the country suggests the company is considering a potential return to the Venezuelan market after a several-year absence.

Political Context

This move follows events that occurred on January 3rd and a call from President Donald Trump for oil companies to invest $100 billion in Venezuela to boost production. Halliburton’s actions are being viewed as a preliminary step, occurring alongside political signals that suggest a possible reopening of the sector to U.S. companies.

Did You Know? Halliburton first began operations in Venezuela in 1938.

Halliburton left Venezuela in 2020, eliminating all positions there following the imposition of sanctions. The company clarified that submitting a resume is not a formal application, but rather a way for recruiters to assess potential candidates for future opportunities.

Executive Engagement

Halliburton CEO Jeff Miller met with President Trump at the White House on January 9th. During the meeting, Miller noted his personal connection to Venezuela, having lived there for four years, and stated that Halliburton is “very interested” in returning if conditions allow.

Expert Insight: The collection of resumes is a low-risk strategy for Halliburton. It allows the company to prepare for potential opportunities without committing to immediate investment or action, while simultaneously signaling interest to both the Venezuelan government and the Trump administration.

Halliburton did not immediately respond to requests for additional comment.

Frequently Asked Questions

What is the purpose of Halliburton collecting resumes in Venezuela?

The company states the purpose is to build a “talent network” to evaluate potential candidates for future opportunities, not to fill current openings.

When did Halliburton leave Venezuela?

Halliburton left Venezuela in 2020 and eliminated all positions in the country following the imposition of sanctions.

What role did the CEO play in discussions about a potential return?

Jeff Miller, Halliburton’s CEO, met with President Trump on January 9th and stated the company is “very interested” in returning to Venezuela if conditions permit, referencing his personal experience living in the country.

What impact might a renewed presence of U.S. oilfield service companies have on Venezuela’s energy sector and its broader economic outlook?

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