Turkmen oil state concern seeking new partners

Oil&Gas Materials 12 December 2016 10:54 (UTC +04:00)

Ashgabat, Turkmenistan, Dec. 12

By Huseyn Hasanov– Trend:

The Turkmen Oil State Concern intends to expand the mutually beneficial cooperation with foreign companies, said the report by the concern’s Chairman Tachdurdy Begdjanov, which was read out at the conference “Oil and Gas of Turkmenistan 2016” (Ashgabat, Dec. 7-9).

The Turkmen state concern expects from potential partners highly promising geological exploration techniques, know-how in drilling and mining, oil production, repair of wells, collection, preparation and transportation of commercial oil, according to the report.

The report noted that a number of new oil and gas deposits have been opened in Turkmenistan in the recent years.

“These deposits are additional large reserves for increasing oil and gas production, so we are ready to consider any new proposals to prevent sand ingress in producing wells and strengthen filter areas of the wells,” Begdjanov’s report said.

Turkmen Oil State Concern has been successfully cooperating on implementation of a number of projects onshore and offshore of Turkmenistan with such companies as Dragon Oil, Buried Hill Energy, RWE AG, ARETI, Eni and Mitro International Limited. The state concern carries out oil work in Turkmenistan at more than 30 fields, which are in various stages of development.