SLB gains access to Venezuela's coveted oilfield data through contract, sources say

SLB and Venezuela’s state-run PDVSA agreed on a contract that grants SLB access to Venezuelan oilfield data, according to three sources. The deal improves SLB’s visibility into production assets in a country with the world’s largest crude reserves, potentially supporting future service and technology work. Because the article provides limited deal economics, the likely near-term impact is modest.