bp to Advance Venezuela Gas Opportunities at Venezuela Energy Week 2027

bp will join Venezuela Energy Week (VEW) 2027 as a Gold Sponsor, highlighting the company’s renewed engagement in Venezuela as the country advances a series of international partnerships across its oil and gas sector. Taking place in Caracas from 22–25 February 2027, VEW comes at a significant point for bp’s activities in the country. In April 2026, the company signed a memorandum of understanding with the Venezuelan Government covering the development of the Cocuina-Manakin gas field, which straddles the maritime border between Venezuela and Trinidad and Tobago, while also opening discussions around opportunities in the offshore Loran gas field and other exploration areas. The agreement marked bp’s renewed entry into Venezuela and builds on the company’s long-standing presence in neighboring Trinidad and Tobago. bp operates the Manakin portion of the cross-border field, while the Venezuelan Cocuina section forms part of the country’s undeveloped Deltana Platform. The company has said it is pursuing development of the field with the potential to bring more than 1 trillion cubic feet (tcf) of natural gas into Trinidad for LNG production. Momentum around the project continued through