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

Venezuela Energy Week 2026 will launch a dedicated Farm-In/Farm-Out Forum in Caracas on Oct. 26-29 to connect asset owners with investors and operators. The forum is meant to speed up transaction-focused partnerships across producing fields, redevelopment projects, undeveloped blocks and offshore gas prospects.

Why it matters: - Venezuela Energy Week is creating a deal-focused venue for upstream asset transactions as the country seeks more technical and financial partners. - The forum is designed to move beyond broad sector discussion and toward specific farm-in and farm-out agreements. - The format reflects a wider shift in global upstream investment toward phased entry and risk-sharing structures.

What happened: - Venezuela Energy Week 2026 will add a dedicated Farm-In/Farm-Out Forum. - The event will take place in Caracas from Oct. 26-29. - The forum is now open for asset submissions and participation requests from operators, license holders and investors. - Energy Capital & Power is organizing the forum.

The details: - The forum will center on a curated portfolio of upstream assets. - Operators, license holders and state entities will present defined opportunities to a targeted audience. - Asset types will include producing fields, brownfield redevelopment projects, undeveloped blocks and offshore gas prospects. - The forum will be structured around presentations and closed-door discussions. - Topics will include deal terms, equity participation, operatorship models and phased development strategies. - Participation options include submitting upstream assets for consideration, registering as an investor or upstream partner, and engaging directly with the VEW upstream team. - The event will gather government leaders, operators, investors and service companies. - A LinkedIn showcase page for Venezuela Energy Week is available at the event's social page.

Between the lines: - James Chester, CEO of Energy Capital & Power, said Venezuela’s upstream sector is increasingly defined by partnership structures rather than standalone development. - The forum signals an effort to match assets with companies that want entry, expansion or strategic participation in Venezuela’s energy sector. - In the Orinoco Belt, the opportunity set will focus on improving recovery from heavy oil fields through enhanced production techniques and technology deployment. - In western Venezuela, mature assets are being positioned for redevelopment and near-term output gains. - Offshore and eastern gas projects continue to draw interest as Venezuela pushes regional gas monetization and supply.

What's next: - Asset owners and investors can submit participation requests ahead of the event. - The forum is expected to facilitate direct engagement between asset owners and potential partners before and during Venezuela Energy Week. - The meeting in Caracas will serve as a venue for advancing specific transaction talks tied to individual assets.

The bottom line: - Venezuela Energy Week is using a new forum to turn upstream interest into concrete partnership deals.