Bloomberg Intelligence Venezuela Regime Change Sets Stage for OFS Return
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Jan 6, 2026 Scott Levine, a senior energy services analyst, discusses how major oilfield firms like Halliburton and SLB are set to capitalize on Venezuela's oil recovery. He underscores the need for U.S. oversight to mitigate past risks that pushed companies away. Poonam Goyal, a retail expert, analyzes Nike's inventory issues and how a strategic turnaround is taking shape in North America. Anurag Rana adds insights on AWS’s anticipated growth driven by enterprise AI adoption and increased data-center capacity, positioning it strongly against competitors.
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Services Firms Are Key To Venezuela Restart
- Venezuela's oil recovery depends on fixing dilapidated infrastructure after decades of underinvestment.
- Scott Levine says oilfield-service firms are the specialists needed to restart drilling, pipelines, and storage.
Services Firms Left After Sanctions
- Major oilfield-service companies largely pulled out after U.S. sanctions and carry receivables or loss reserves.
- Scott Levine recounts they haven't returned since sanctions intensified under Obama and Trump.
Confidence Hinges On Payment Guarantees
- Firms need legal and payment assurances before re-entering Venezuela to justify investment.
- Scott Levine says U.S. oversight and clarity on payments would rebuild confidence for long-term participation.