Challenges in Venezuela: Ebara Elliott Energy’s experience

As Venezuela works to revive an oil and gas industry that has endured decades of underinvestment, operators are confronting a reality familiar to many owners of aging compression and processing assets: getting production back online is often less about drilling new wells than restoring the machinery already in place.

According to Dr. Klaus Brun, vice president of products and technology at Ebara Elliott Energy (EEE), years of deferred maintenance have left many facilities struggling with declining reliability, obsolete systems, missing spare parts and workforce shortages.

Podcast