President of Venezuelan oil firm PDVSA Intevep, Hercillo Jose Rivas Siervo, expressed his satisfaction on Wednesday over results of joint research with Cuba in the field of hydrocarbons.

Rivas Siervo and a group of PDVSA Intervep experts are attending the 1st Cuban Congress on Oil and Gas, currently in session at the Havana Convention Center.

In remarks to Prensa Latina, Rivas said they have a collaboration agreement with oil firm Cuba Petroleo (CUPET) and Cuba’s Oil Research Center for joint studies in the field.

We are happy with the results of this cooperation, which will benefit both countries, he stressed.

He added that both parties collaborate in technological development in the areas of exploration, production, refining and environmental protection.

This year, we did specific research to improve recovery of heavy crude and applied biotechnology in improving oil quality, he said.

Rivas Siervo said the works to be presented by Venezuelan specialists attending the congress prepared are linked to research and technological development.

He described as excellent Cuba’s efforts to increase oil production.

Intevep is a subsidiary of Petróleos de Venezuela aimed at comprehensive technological solutions, with special emphasis on exploration, refining and industrialization activities.

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