Blue Energy Partners

Organization

North American firm securing a 100-year oil concession in Venezuela.


First Mentioned

9/5/2026, 4:54:13 AM

Last Updated

9/5/2026, 4:55:38 AM

Research Retrieved

9/5/2026, 4:55:38 AM

Summary

Blue Energy Partners, also operating as North American Blue Energy Partners (NABEP), is an independent oil and gas exploration and production company operating in North and Latin America. The organization became the central private entity in a historic United States-Venezuela energy agreement negotiated by Donald Trump and Delcy Rodriguez following the removal of Nicolás Maduro. Under the terms of the landmark venture, Blue Energy Partners secured operating control over expanded Venezuelan oil production, while the United States Government acquired rights to a 35% equity stake in the company and preferential access to purchase 20% of its oil production at cost.

Research Data
Extracted Attributes
  • Website

    www.nabep.net

  • Industry

    Oil and Natural Gas Exploration and Production

  • Alternative Name

    North American Blue Energy Partners (NABEP)

  • Office Locations

    Caracas, Maracaibo, and Lechería, Venezuela; Tempe, Arizona, United States

  • US Government Equity Stake

    35% equity stake rights held by the United States Government

  • US Production Access Terms

    Preferential access to 20% of company oil production at cost

Timeline
  • North American Blue Energy Partners (NABEP) and the United States Government reached a major deal to develop Venezuela's oil sector, granting NABEP operating control while the US Government secured a 35% stake and rights to 20% of oil production at cost. (Source: morningstar.com)

    2026-08-31

Alejandro Betancourt López

Leopoldo Alejandro Betancourt López (born 1980) is a Venezuelan businessman. He is chairman and CEO of Derwick Associates and leads the international investment group O'Hara Administration. Betancourt López is a director of Pacific Exploration & Production Corporation, controlling 19.95% of the company. He is also president of Hawkers, a Spanish sunglasses company,

Web Search Results
  • Blue Energy Partners Information - RocketReach

    Blue Energy Partners is an Investment Banking, Oil & Energy, and Finance company located in Tempe, Arizona with $9 million in revenue and 5 employees.

  • United States Government and North American Blue Energy Partners (NABEP) Reach Historic Deal to Develop Venezuela's Oil Sector | Morningstar

    About North American Blue Energy PartnersNorth American Blue Energy Partners (NABEP) is an independent oil exploration and production company operating in North and Latin America, with offices in Caracas, Maracaibo and Lechería. NABEP is committed to the responsible development of energy resources, the safety of its people, and the prosperity of the communities where it operates. www.nabep.net Media contactpress@nabep.com View original content to download multimedia: SOURCE North American Blue Energy Partners (NABEP) The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar. [...] CARACAS, Venezuela, Aug. 31, 2026 /PRNewswire/ -- The United States Departments of State and War have reached an historic deal with North American Blue Energy Partners (NABEP) to significantly expand oil production in Venezuela. As part of the deal, NABEP will have operating control of the business, with the United States Government holding rights to a 35% stake in the company, alongside preferential access to 20% of the company's production at cost. President Donald J. Trump announced the agreement on Truth Social as "the biggest oil deal in world history" and is demonstrative of the U.S. and Venezuelan governments deepening collaboration in the Venezuelan oil sector, bringing jobs and fiscal stability for Venezuelans and lower prices at the pump for Americans. [...] This new venture is expected to bring tens of millions of additional barrels of Venezuelan oil to the global marketplace, thousands of well-paid jobs to Venezuela, and billions in incremental investment and broader economic activity to drive growth in Venezuela's recovering economy. Through the right to purchase 20% of the oil produced at cost, this venture will also ultimately deliver billions in savings for American consumers and secure a stable and growing strategic supply of oil in the Western Hemisphere. Through billions in purchases of oil infrastructure and equipment from U.S. suppliers, NABEP will also support thousands of manufacturing jobs in the United States.

  • North American Blue Energy Partners - Crunchbase Company Profile ...

    North American Blue Energy Partners (NABEP) is a privately held industrial company specializing in the exploration, production, and development of oil and

  • NABEP | Finding, producing, and developing oil and gas resources

    Skip to Content NABEP NABEP Logo of North American Blue Energy Partners featuring a stylized water droplet with a map of North America inside, with the text North American Blue Energy Partners is a leading oil exploration and production company committed to meeting the world’s energy demands while prioritizing environmental stewardship. Powered by decades of combined industry experience across our team, we leverage cutting-edge technologies and innovative practices to optimize oil extraction processes across various oil fields. # Who we are [...] # Who we are At North American Blue Energy Partners, we are dedicated to responsibly exploring and developing oil fields to meet the world's energy needs. With a commitment to innovation and sustainability, we harness advanced technologies and industry expertise to optimize extraction processes while minimizing environmental impact. Our team of skilled professionals works collaboratively to ensure safe operations and maintain the highest standards of corporate responsibility. We believe in creating value for our stakeholders, supporting local communities, and contributing to a sustainable energy future. Learn more With extensive industry experience, we are committed to delivering reliable and high-performing solutions, ensuring sustainable energy production and resource management. [...] #### Development # Making the difference #### North American Blue Energy Partners boasts a wealth of experience in the oil and natural gas sector, enabling us to navigate complex challenges effectively. Our deep understanding of market dynamics and regulatory landscapes allows us to provide tailored solutions that set us apart from competitors. #### We leverage cutting-edge technologies and innovative practices to enhance exploration, production, and development processes. Our investment in research and development ensures that we remain at the forefront of industry advancements, improving efficiency and sustainability while delivering superior results for our clients. ####

  • About North American Blue Energy Partners — NABEP

    # Company Overview North American Blue Energy Partners, a leading oil exploration and production company committed to meeting the world’s energy demands while prioritizing environmental stewardship. With decades of experience in the industry, we leverage cutting-edge technologies and innovative practices to optimize oil extraction processes across various oil fields. Image 6: Multiple oil pumpjacks in a row at an oil field under a partly cloudy sky. ## Our Mission [...] We understand the importance of sustainability in today’s energy landscape. Our approach includes rigorous environmental assessments, waste management practices, and community engagement initiatives. We are dedicated to minimizing our impact on the environment and supporting local ecosystems. Image 9 # Community Engagement At North American Blue Energy Partners, we believe in building strong relationships with the communities where we operate. We actively engage with local stakeholders, providing support through job creation, education, and infrastructure development. Our goal is to foster a positive relationship that benefits both our company and the communities we are part of. [...] Our team consists of highly skilled professionals with extensive expertise in geology, engineering, and environmental science. We invest in research and development to adopt the latest advancements in drilling technology and resource management. By continuously improving our methods, we enhance efficiency and reduce our ecological footprint. Image 8: Two children dressed as oil rig workers standing next to a large oil pump jack outdoors under a clear blue sky, with the older child pointing. ## Sustainability Commitment

Location Data

Blue Knight Energy Partners, Memphis, Shelby County, West Tennessee, Tennessee, United States

industrial

Coordinates: 35.1021332, -90.0964885

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