Halliburton's Big Bet on Venezuela: A Glimmer of Hope or a Repeat of Past Failures?
The news that Halliburton has signed agreements with Eneva and WESCA to expand its presence in Venezuela's oil and gas industry is being hailed as a major breakthrough, but it's too early to celebrate.
For nearly nine decades, Halliburton has been a player in Venezuela, only to see its operations suspended in 2020 due to tightening US sanctions.