BAKU, Azerbaijan, April 1. CEO Turkmen National Oil and Gas Company (NaPeCo) Maksat Pirliyev, during the International Investment Forum "Oil and Gas of Turkmenistan" (OGT-2022), declared his readiness to consider proposals from companies that offer innovative technologies to increase oil recovery, Trend reports citing Orient news.
The company is interested in hydraulic fracturing, radial drilling followed by the installation of centrifugal pumps, drilling technology for the passage of several casing strings, and insulation work.
Furthermore, NaPeCo's main areas of activity are exploration and drilling operations, oil and gas production, and implementation of international projects in the fuel and energy sector.
An energy-rich Central Asian country ranks among the world's top countries in terms of oil and natural gas reserves. Its gas reserves have increased by 126 billion cubic meters as a result of the industrial development of recently discovered gas fields. Turkmenistan pays great attention to the creation of oil and gas processing plants, as well as the export of energy resources to global markets.