The forum will be structured around a curated portfolio of assets, with operators, license holders and state entities presenting defined upstream opportunities – ranging from producing fields and brownfield redevelopment projects to undeveloped blocks and offshore gas prospects – to a targeted audience of companies seeking entry, expansion or strategic participation in Venezuela’s energy sector.

The initiative reflects Venezuela’s ongoing recalibration of its upstream strategy, as the country prioritizes production growth and the attraction of technical and financial partners capable of supporting recovery across its oil and gas base. With partnership-led development now central to sector expansion, farm-in and farm-out structures are increasingly being used to unlock value across both mature assets and new developments.

“Venezuela’s upstream sector is increasingly defined by partnership structures rather than standalone development,” said James Chester, CEO of Energy Capital & Power. “This forum reflects that shift by bringing defined assets to market and aligning them with the technical and financial partners needed to advance them.”

The forum is expected to highlight a broad spectrum of asset categories across the country’s key producing regions. In the Orinoco Belt, opportunities will focus on improving recovery from heavy oil fields through enhanced production techniques and technology deployment. In western Venezuela, mature assets present redevelopment potential aimed at near-term output gains. Meanwhile, offshore and eastern gas developments continue to attract interest as Venezuela strengthens its role in regional gas monetization and supply.

Participants will engage directly with asset owners through structured presentations and closed-door discussions centered on deal terms, equity participation, operatorship models and phased development strategies. The format is designed to move beyond general discussion toward transaction-oriented engagement tied to specific assets.

Importantly, the forum reflects broader changes in global upstream investment behavior, where companies are increasingly favoring phased entry strategies and farm-in structures to manage risk while establishing operational presence in new or re-emerging markets. Venezuela’s evolving investment environment – characterized by high resource potential and expanding partnership frameworks – aligns closely with this approach.

Venezuela Energy Week 2026 will take place in Caracas from October 26–29, bringing together government leaders, operators, investors and service companies to advance dialogue and investment across the country’s energy sector.

The VEW 2026 Farm-In/Farm-Out Forum is now open for asset submissions and participation requests from operators, license holders and investors.

• Submit upstream assets for farm-in or farm-out consideration
• Register as an investor or upstream partner
• Engage directly with the VEW upstream team

Submit Submissions Here (https://apo-opa.co/4xJwh2t)

The four sites, two in Abidjan, one in Tema, and one in Dakar, are all fully operational, with each system designed around the specific grid and operational profile of its location.

Nearly 7 megawatts across four Nestlé facilities is a number we are proud of, but what it represents matters more than the figure itself. It means that one of the world’s most demanding manufacturers has tested our model, trusted it, and come back. Our job now is to keep earning that, across every market where industry needs energy it can count on.

Yischai Beinisch, CEO, Daystar Power Group

From One Site to Four Sites

The partnership began with a single commissioning and expanded to span three countries and four facilities. In Côte d’Ivoire, Daystar Power has delivered 3,447 kWp across two Abidjan sites. In Ghana, a 2,547 kWp system powers Nestlé’s Tema factory. In Senegal, an 890 kWp installation operates at the Dakar facility.

Each system is sized and configured to deliver measurable environmental and social impact, including reduced greenhouse gas emissions and improved energy resilience. The design is tailored to the operational and grid conditions at each location, ensuring reliable clean energy access while supporting local development and aligning with Nestlé’s publicly stated net zero commitments.

This investment reflects our commitment to building a business that not only grows but does so responsibly. By advancing solar energy projects in Ghana, Côte d’Ivoire, and Senegal, we are embedding sustainability into our growth, reinforcing our role as a force for good, creating long-term value for communities, and ensuring that our footprint actively contributes to a cleaner, more resilient future.”

Samer Chedid, CEO, Nestlé Central and West Africa Region.

A Footprint That Keeps Growing

Nestlé’s manufacturing presence extends across West Africa, including markets where Daystar Power has its deepest operational roots. With a delivery record now spanning three countries and nearly 7 megawatts of installed capacity, the infrastructure and the relationship are in place to support what comes next.

Taking place alongside the event in Caracas from October 26–29, the Deal Room will convene government representatives, national and international oil companies, investors, private equity firms, financial institutions, service providers and project developers within a structured environment focused on accelerating deal-making.

The platform moves beyond traditional networking formats, operating instead as a curated commercial interface where stakeholders engage directly on defined investment opportunities across upstream oil and gas, natural gas monetization, refining, downstream infrastructure, energy services and emerging technologies.

The launch comes amid renewed momentum in Venezuela’s energy sector, as the country continues efforts to rebuild production capacity and attract international capital into one of the world’s most resource-rich hydrocarbon basins. With the largest proven oil reserves globally and significant natural gas potential, Venezuela remains a focal point for international energy investors assessing re-entry and expansion opportunities.

Recent developments highlight growing engagement across the sector. PDVSA has strengthened cooperation with international partners including Repsol, following agreements to increase production and optimize operations at key assets such as Petroquiriquire. In parallel, Shell, Eni, Chevron and SLB have advanced collaboration frameworks spanning offshore gas developments, heavy oil production and operational modernization initiatives aimed at improving efficiency and output.

These developments reflect a broader shift toward partnership-led development models in Venezuela’s upstream sector, with joint ventures, production-sharing structures and technical collaborations increasingly central to unlocking value across mature and undeveloped assets.

“The Deal Room has been designed to turn interest into structured investment outcomes,” said James Chester, CEO of Energy Capital & Power. “It creates a focused environment where capital providers, operators and project sponsors can engage directly on opportunities and move conversations toward execution.”

Participants will gain access to a structured meeting program enabling direct engagement with asset owners, operators, government officials and financing partners. The platform will support a range of commercial outcomes, including equity participation, asset acquisitions, joint ventures, service agreements and offtake arrangements.

With interest in Venezuela’s energy sector continuing to grow, the Deal Room is positioned as a dedicated mechanism for aligning capital with opportunity and accelerating the path from engagement to transaction.

Participate in the VEW 2026 Deal Room
Companies interested in participating in the Deal Room – including project submissions, investment opportunities or partnership inquiries – can apply or get in touch via the official Venezuela Energy Week platform.