About

Showcasing Venezuela's World-Class Oil and Gas Industry

Venezuela Energy Week (VEW) takes place in Caracas, Venezuela, from 22-25 February 2027, uniting government leaders, investors, and industry executives to showcase Venezuela's world-class oil and gas sector. By bringing together upstream development, gas monetization, refining rehabilitation, and strategic financing under one roof, VEW highlights the country's most bankable energy projects, forges strategic partnerships, and accelerates investment into one of the world's largest hydrocarbon resource bases.

As Venezuela's flagship global energy summit, VEW capitalizes on the country's renewed international engagement and landmark 2026 hydrocarbon reforms. With ministerial sessions, investment forums, bilateral meetings, and deal-focused discussions, the event converts dialogue into tangible outcomes — unlocking opportunities across Venezuela's full energy value chain, from the 303-billion-barrel Orinoco Belt to critical refining and infrastructure projects.

One of the World’s Most Resource-Rich
Countries

Venezuela has the largest oil reserves in the world,
with approximately 303 billion barrels of oil, as well
as substantial natural gas resources, estimated at
195 to 205 trillion cubic feet. These resources offer
significant long-term potential for energy supply,
security and growth.

Significant Production Upside

Historically, Venezuela has operated as a major
oil producer, with national production peaking at
approximately 3.7 million barrels per day. At present,
production stands at 860,000 to 1.14 million barrels per
day, with plans to expand capacity exponentially.

Established Energy Infrastructure

Venezuela holds extensive upstream reserves,
refining capacity exceeding one million barrels per
day, established export and pipeline infrastructure,
a highly skilled workforce and its national oil company,
PDVSA.

Renewed International Engagement

New opportunities for international collaboration are
opening up, as global companies look to expand and
restart operations in Venezuela. International energy firms are actively pursuing production growth and new investments.

High-Level Ministerial Sessions

Hear directly from government leaders, energy ministers, national oil company executives, and more as they outline national strategies and investment opportunities.

Strategic Leadership Panels

Join discussions on key topics including production recovery, technology and innovation, gas sector growth, and infrastructure development.

Technical Sessions

Dive deep into field development, drilling technologies, enhanced recovery, digital transformation, and gas monetization strategies.

Investment Forums

Engage directly with investors and explore projects, funding opportunities, and potential collaborations.

Bilateral Meetings

Join private, one-on-one meetings with government officials, investors, and strategic partners to explore joint ventures and deals.

Exhibition

Discover the latest technologies, services, solutions, and investment opportunities shaping Venezuela’s energy sector.

Proven Oil Reserves

Proven Oil Reserves

Shares of Global Oil Reserves

Shares of Global Oil Reserves

Proven Natural Gas Reserves

Proven Natural Gas Reserves

Share of South America's Gas Reserves

Share of South America's Gas Reserves

BASIN/PROJECT	KEY DETAIL	PRODUCTION/RESERVES	NOTES
MAJOR HYDROCARBONS PROJECTS
Orinoco Oil Belt	~55,000 km²	>500,000 bpd +>1 trillion bbls in place	>500,000 bpd +>1 trillion bbls in place
Maracaibo Basin	~150 offshore platforms	~250,000 bpd	Historic conventional oil hub
Eastern Venezuela Basin	Monagas region	Light / medium oil output	Supplies blending crude for heavy oil exports
REFINING INFRASTRUCTURE
Paraguaná Complex Amuay + Cardón	Largest in region	~940,000 bpd (645k + 310k)	Total installed capacity: 1.29mn bpd
Puerto La Cruz		~200,000 bpd	~35% utilization as of Feb 2026
El Palito		~140,000 bpd	~35% utilization as of Feb 2026
MAJOR GAS PROJECTS
Dragon Gas Field	Offshore, near Trinidad & Tobago	4.5 tcf estimated reserves	Development agreement signed 2026. Gas exports to Trinidad LNG system planned from 2027
Cocuina-Manakin Field	Cross-border with Trinidad & Tobago	~1 tcf reserves	Planned offshore gas development

Sponsor & Exhibit

Position your brand at the forefront of Venezuela’s revitalized oil and gas sector. Our sponsorship opportunities let you showcase innovative solutions, build brand awareness, and engage directly with the decision-makers driving the country’s energy resurgence.

GROW YOUR MARKET SHARE

Attend

VEW connects you with government leaders, national oil companies, international investors, oil majors, service providers, financiers, and technical experts from Venezuela and beyond. Attend to gain exclusive insights into emerging projects, policies, and partnerships, and secure your place in Venezuela’s new era of production.

EXPLORE NEW OPPORTUNITIES

Speak

We’re seeking influential speakers for keynotes, panels, and presentations. Share your expertise, highlight your company’s success, and help shape the conversations guiding Venezuela’s energy revival and investment landscape.

SHARE YOUR EXPERTISE

Be part of this next chapter in Venezuela's oil & gas story

If you’re looking to invest and expand your influence in one of the world’s most resource‑rich energy markets, VEW 2027 is the summit for you. Join the leaders, innovators, and decision-makers shaping Venezuela’s new era of oil and gas production and be part of the country’s oil & gas resurgence.

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Showcasing Venezuela's World-Class Oil and Gas Industry

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