President of PDVSA: Every capital that comes to the country will be guided by technical data

The president of Petrleos de Venezuela SA (PDVSA), Héctor Obregón, exalted this Wednesday the strategic alliance between the Venezuelan state company and the US multinational Schlumberger Limited, through the signing of a memorandum of understanding.

He stressed that these advances optimize oil production, “because we will target every well potential that is correct, that has the best concentration and that has the best conditions, so that every investment, every capital that comes to the country is guided by technical data that prevent us from having bad prospects and poor investment of capital.”

The fundamental purpose of the agreement with Schlumberger Limited is to define new areas of cooperation in the oil and gas sectors, promoting the transfer of cutting-edge technology for the exploration, drilling and optimization of deposits in the country.

In this regard, Obregón indicated that this alliance represents the initial step. “But I am sure that this highly motivated technical team will soon reach a definitive agreement that will not only benefit Petroleos de Venezuela as an operator, but all the investors who are about to arrive in the country,” he emphasized.