Azerbaijan, Baku, July 16 / Trend /
The German RWE Dea signed a contract to explore and develop Licence Block 23 in the Caspian Sea in Turkmenistan on July 16, RWE reported.
An agreement to this end was signed today by Dr. Jürgen Großmann, CEO of RWE AG, and Dr. Georg Schöning, CEO of RWE Dea AG, with the Turkmenian State President Gurbanguly Berdimuhamedow in Turkmenbashi
"Turkmenistan plays an important role in securing Europe's energy supply. RWE and Turkmenistan have been cooperating closely for some time, and we are pleased to be able to further extend our long-term energy partnership," Großmann said.
Licence Block 23 is located in the south-eastern region of the Caspian Sea, immediately off the Turkmenian coast. The licence area comprises about 940 square kilometres. In the initial exploration phase, first of all an environmental study is planned to be carried out. Taking account of 2D material already available, a 3D seismic test is then to be conducted across an area 400 square kilometres in size. In addition, an exploration well is to be drilled once the seismic testing has been completed.