Geoex MCG named geosciences partner for Venezuela Energy Week 2026

Venezuela Energy Week 2026 has tapped Geoex MCG as its Official Geosciences Partner to sharpen technical discussions around the country’s offshore and upstream potential. The move puts newly reprocessed seismic data and future acquisition plans at the center of efforts to attract investment and improve subsurface certainty. Why it matters: - Venezuela Energy Week is trying to ground upstream conversations in better geology, better data and clearer resource definitions. - Geoex MCG’s role gives the event access to offshore seismic expertise at a time when Venezuela is seeking renewed international investment. - The partnership could help investors and operators assess frontier offshore prospects and existing fields with more confidence. What happened: - Venezuela Energy Week 2026 appointed Geoex MCG as its Official Geosciences Partner. - The announcement was made June 17, 2026, in Caracas, Venezuela. - Energy Capital & Power framed the partnership as a way to strengthen the technical foundation of discussions around Venezuela’s hydrocarbon basins. The details: - Geoex MCG is the sole provider of offshore seismic data in Venezuela. - Geoex MCG is the only company operating under a multi-client agreement with the Ministry of Hydrocarbons. - Newly reprocessed offshore datasets from Geoex MCG are available for licensing. - The company plans new data acquisition starting in 2026. - The partnership is expected to deepen technical discussions on basin evolution, seismic imaging quality, prospectivity assessment and offshore field development. - The newly reprocessed data can support evaluation of underexplored frontier offshore areas. - The data also support improved imaging of existing fields, including Perla, Rio Caribe/Mejillones/Patao/Dragon and Loran/Cocuina. - Geoex MCG said its portfolio includes datasets reprocessed with DUG Technology. - Geoex MCG specializes in geoscientific surveys, subsurface data acquisition, seismic reprocessing and project management. - The company supports exploration and development across oil and gas, CCUS, natural hydrogen and other energy sectors. - Geoex MCG operates with an asset-light model and works with selected contractors to deliver tailored subsurface solutions. - Venezuela Energy Week is positioning itself as a technical and commercial platform for geology, data and capital. - The event is aimed at supporting dialogue on investment frameworks, upstream development and the long-term future of Venezuela’s hydrocarbon resource base. - The announcement included a LinkedIn link for the event: Venezuela Energy Week on LinkedIn . Between the lines: - The partnership signals a push to shift attention from broad resource potential to bankable subsurface evidence. - Geoex MCG’s exclusive status in offshore seismic data gives the company unusual leverage in a market that needs credible technical inputs. - The emphasis on data quality and geological certainty suggests Venezuela wants to make its upstream story more investable. What’s next: - Geoex MCG plans to add new offshore data acquisition from 2026 onward. - Venezuela Energy Week 2026 will use the partnership to expand technical dialogue around offshore opportunities and development strategy. - The company aims to help international explorers evaluate offshore prospects with greater confidence. The bottom line: - Venezuela Energy Week is betting that stronger subsurface data can help unlock more serious investment and development conversations around the country’s offshore resources.