Shares in the world’s largest oilfield services company have surged 14% since the U.S. seized control of Nicolás Maduro’s Venezuelan assets. SLB stands to benefit as the administration pushes for a new pipeline that would tap the country’s untapped reserves. Investors see a clear path to higher margins for profits.

The move follows a series of sanctions that have crippled Venezuela’s oil output, leaving a vacuum that U.S. firms are eager to fill. SLB’s expertise in drilling and subsea technology positions it to secure contracts for the new infrastructure, potentially boosting revenue streams in a market that has been off‑limits.

Analysts predict that the pipeline could open up a new revenue stream for SLB, but political risks remain. As the U.S. negotiates access to Venezuelan fields, the company must navigate regulatory hurdles and potential backlash from oil‑rich nations wary of U.S. influence. Market watchers will track the next round of contracts for signs of progress.