# Chevron to double oil rigs in Venezuela as part of $7B five-year investment, CFO says — retained record

> Retained news record from news:seeking-alpha.

Canonical: https://highsignal.app/data/records/bfa051910a0da77d

[← sources](https://highsignal.app/data)


source: [news](https://highsignal.app/data/news) (news:seeking-alpha)  published 2026-09-08 22:36 ingested 2026-09-09 02:55

[original source ↗](https://seekingalpha.com/news/4641008-chevron-to-double-oil-rigs-in-venezuela-as-part-of-7b-five-year-investment-cfo-says?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news)

## retained text



```
Search fieldHome page Seeking Alpha - Power to InvestorsAbout PremiumCreate free accountSearch for Symbols, analysts, keywordsLog in

Energy

Chevron to double oil rigs in Venezuela as part of $7B five-year investment, CFO says

Sep 08, 2026, 6:36 PM ETChevron Corporation (CVX) StockBy : Carl Surran, SA News Editor

Chevron (CVX) plans to more than double the number of oil rigs it ​operates in Venezuela as part of its $7B, five-year expansion ‌to boost production in the country to ~600K bbl/day, CFO Eimear Bonner said Tuesday at a Barclays conference.

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.

Is this happening to you frequently? Please report it on our feedback forum.

If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.

Search fieldEntering text into the input field will update the search result below
```



document fetched 2026-09-09 02:55 · canonical https://seekingalpha.com/news/4641008-chevron-to-double-oil-rigs-in-venezuela-as-part-of-7b-five-year-investment-cfo-says?feed_item_type=news