"The Calgarian had lived in Venezuela for 17 years, becoming a permanent resident and working in the energy sector before leaving in 2009. That night I was getting emails from friends in Canada and since then, 50, 60 different WhatsApp messages, emails, phone calls from people, he said, during a video call interview from Mexico. He's now helping co-ordinate a contingent of companies looking to invest and bring equipment to Venezuela, where there could be a huge wave of demand."
""A lot of the oilfields have been neglected. They're not producing," Blacklock said. "The equipment, the wellheads, the pumps a lot of the equipment on the surface has been stolen or just allowed to deteriorate so it has no value. It will all have to be replaced.""
Barry Blacklock, a Calgarian who lived in Venezuela for 17 years and worked in the energy sector before leaving in 2009, began receiving numerous messages after news of U.S. forces attacking and seizing Nicolas Maduro. He is coordinating a contingent of companies to invest and bring equipment to Venezuela and organized a similar group in 2019. He said a change is coming but its nature is uncertain. Alberta has many oil workers and companies with international experience. The recent intervention and U.S. plans to rejuvenate the oil industry have created cautious excitement. Venezuela holds about 303 billion barrels of proven crude, but decades of corruption, state control and neglect have left equipment stolen or deteriorated and many oilfields non‑producing.
Read at www.cbc.ca
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