Panel Discussion 1: Reignite – From Reform to Reality – The New Hydrocarbons Law, Deal-Making and the Return of Investment Capital

29 Sept 2026
JW Marriott Caracas
Executive Summit

As Venezuela enters a new era for its hydrocarbons sector, the conversation has shifted from policy reform to commercial execution. With the new Hydrocarbons Law in place and a new generation of Joint Ventures (JVs), Production Participation Contracts (CPPs) and investment agreements now being signed, attention is turning to how projects are being structured, financed and delivered in practice. This session brings together government, operators, investors and legal experts to examine what has changed, the deal structures emerging under the new framework, how commercial and regulatory risks are being managed, and what is still required to unlock large-scale investment and accelerate Venezuela's oil and gas recovery.

With: Juan Carlos Pró-Rísquez, Managing Partner, Dentons; Daniel Fernandez, CEO Venezuela, UCC Oil and Gas; Germán José Márquez Gil, Technical Advisor Oil & Gas, KNOB

Moderated by: Juan Carlos Andrade, President, Araya Energy Group

Chairperson
Juan Carlos Andrade
Juan Carlos Andrade, President - Araya Energy Group
Speakers
Juan Carlos Pró-Rísquez
Juan Carlos Pró-Rísquez, Managing Partner - Dentons
Daniel Fernandez
Daniel Fernandez, CEO Venezuela - UCC Oil and Gas
Germán José Márquez Gil
Germán José Márquez Gil, Technical Advisor Oil & Gas - KNOB ENERGY