A delegation of 65 foreign investors organized by the consulting firm Signum Global Advisors will travel to Caracas this Sunday to explore business opportunities in oil, infrastructure, and financial markets, marking the firm's second mission to the country since the capture of Nicolás Maduro by U.S. forces in January.
The group brings together investors in oil and gas, infrastructure, chemicals, sovereign bondholders, and emerging markets funds from the United States, Canada, Europe, the Middle East, and Latin America, according to Reuters.
The agenda includes meetings with officials from the government of interim President Delcy Rodríguez, representatives from the Central Bank of Venezuela, directors of PDVSA, executives from the private sector, and a visit to the Caracas Stock Exchange.
The trip comes at a moment of dual political uncertainty: in Venezuela, the democratic transition has not been completed—free presidential elections have yet to be held, and structures of chavismo persist—while in Washington, the Democrats have just gained control of both chambers of Congress in the midterm elections on November 3, raising doubts about the continuity of President Donald Trump's policy towards Venezuela.
Charles Myers, president and founder of Signum, dismissed the notion that this electoral outcome would change the underlying scenario: "I believe that any future U.S. administration, whether Democrat or Republican, will want Venezuela to succeed," he stated to Reuters.
Myers also stated that Rodríguez's government "has consistently exceeded expectations in virtually all the indicators that any foreign investor would use to measure the country's performance."
Regarding the most attractive sectors, the founder of Signum was straightforward: "The biggest opportunity still lies in the oil and gas sector" and in the related infrastructure, while bondholders are looking to assess the actual state of the Venezuelan economy.
The firm estimates that Venezuela will likely have completed its democratic transition before the U.S. presidential elections of 2028.
This is Signum's second delegation to the country; the first, consisting of over fifty investors, visited Caracas in March 2026 as an initial exploration of the political and financial environment, just weeks after the capture of Maduro.
Investor interest responds to a significant legislative transformation: in February 2026, the Venezuelan National Assembly approved a reform of the Organic Hydrocarbons Law that allows for direct private participation in exploration and production for the first time since the 1970s, reducing the minimum state participation in joint ventures to 50.1%.
Major companies have responded with concrete commitments: Chevron raised its stake in Petroindependencia to 49% and tripled its exports from Venezuela; Repsol regained operational control of Petroquiriquire; Eni and Repsol committed 2 billion dollars over five years; and TotalEnergies signed a memorandum of understanding with PDVSA in September.
The new Democratic majority in Congress, which will take office on January 3, 2027, could oversee Trump's energy agreements with Venezuela and push for a verifiable electoral transition, although foreign policy remains concentrated in the Executive.
The opposition leader María Corina Machado pointed out at the end of October that the roadmap includes presidential elections in Venezuela in 2027, a date that aligns with the timeline Signum has set to consider the democratic transition complete.
Related videos:
Filed under: