tech
Science for a future for oil
How science, engineering and innovation are defining the future of hydrocarbons in Venezuela today.

TL;DR
- The reform of the Organic Hydrocarbons Law presents an opportunity for the SNCTI to integrate into the hydrocarbon sector.
- Hydrocarbon industry competitiveness now depends on advanced sciences like data science, AI, materials engineering, and environmental sciences, alongside traditional earth sciences.
- Capturing new technologies requires agile transfer mechanisms, applied research, joint laboratories, and adapted external models.
- A less fragmented, more focused SNCTI with measurable results is essential for national support of R&D.
- Integrating science into production benefits both industry (reduced risks/costs) and the SNCTI (strengthened capabilities, talent, sovereignty).
- The hydrocarbon sector can act as a catalyst for scientific and technological development through strategic coordination and a long-term vision.
- The goal is a transition where domestically generated knowledge becomes a strategic national asset.