Caracas .- President Nicolás Maduro signed an investment agreement from the US company Horizontal Well Drilling to state Petroleos de Venezuela SA (PDVSA) on Friday, in order to contribute to boosting the Hydrocarbons Engine in the country .

 At the Palace of Miraflores, the head of state met with members of the board of directors of the American company and his cabinet, in order to secure a profit association for both parties.

 Maduro stated that the country is ready to expand investments, not only with Horizontal Well Drilling but with other companies. “Venezuela sola no va a poder, necesitamos inversión internacional”, expresó el primer mandatario. "Venezuela alone will not be able to, we need international investment," said the president.

 In that sense, the President declared his joy at the investment of the company and told the executives that he hopes that one day he could shake hands with his counterpart Donald Trump, because despite the differences, he wants to maintain good relations with the United States .

 Horizontal Well Drilling is a company that provides services related to oil and gas drilling activities.  He is currently involved in the construction of platforms, drilling, completion and connection of wells for the joint ventures located in the Orinoco Oil Belt, according to AVN news agency.

. Oil Minister Nelson Martínez said that the treaty will establish a commitment to make an initial investment of about $ 200 million for a drilling project of some 200 new wells in the next three years and Total investment will be about $ 1.3 billion.

He indicated that the contract will be signed next week for the participation of Horizontal Well Drillers in one of the projects undertaken by the mixed company Petroindependencia