Halliburton Expects to Reenter Venezuela Sooner Rather than Later -- Market Talk

Dow Jones
01/21

0950 ET - Halliburton CEO Jeff Miller says his phone is ringing off the hook due to the renewed interest in Venezuelan oil. The oil-field service company is currently working through the mechanics required to reenter the country, which Miller expects to occur sooner rather than later. "We still have a footprint there in Venezuela, in terms of operating bases and whatnot, and so getting equipment there to work is fairly straightforward," he says on a call with analysts. "I'm confident that we can move fairly quickly in Venezuela." As far as size, Miller says the Venezuelan oil mark is currently relatively small. But he's optimistic that it can become a much bigger business over the longer term. (connor.hart@wsj.com)

 

(END) Dow Jones Newswires

January 21, 2026 09:50 ET (14:50 GMT)

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