Halliburton’s chief executive told investors the company could restart field work in Venezuela within months, despite lingering U.S. sanctions. He emphasized that operational hurdles are manageable and that the firm is positioning itself for the country’s expected production rebound after a two‑year hiatus caused by diplomatic tensions and contract suspensions.

Venezuela accounts for roughly 1.5 million barrels of daily crude, making it a magnet for service firms once sanctions ease. Halliburton withdrew in 2020 after the U.S. tightened restrictions, leaving a gap that rivals such as Schlumberger have tried to fill. Re‑entry could restore a lucrative revenue stream for the company.

Analysts will monitor U.S. Treasury’s upcoming licensing review, which could either cement Halliburton’s foothold or re‑impose constraints. If permits materialize, the firm may deploy drilling rigs and cementing crews within the next quarter. Stakeholders should watch Venezuelan policy shifts and global oil price trends through the summer months and beyond.