Singaporean Yug-Neftegaz gets a contract in Turkmenistan

Singaporean Yug-Neftegaz gets a contract in Turkmenistan

The Singapore company Yug-Neftegaz Private Limited will perform 3D seismic surveys in the eastern part of the Goturdepe oil field, as well as 2D at the South Burun site.

The corresponding Resolution was signed today by President Gurbanguly Berdimuhamedov, allowing the state corporation "Turkmengeologia" to conclude a contract for the execution of works, the "Watan" news program of the Turkmen television reported.

It should be reminded that plans to carry out seismic exploration work in the Balkan zone of western Turkmenistan to search for new oil deposits were announced at a government meeting on June 25.

Then the head of state instructed Deputy Prime Minister Abdrakhmanov to increase the volume of production and processing of oil and natural gas, as well as to systematically strengthen the resource base of the oil and gas industry by identifying new deposits.

Following the meeting of the Government, the State Corporation "Turkmengeology" announced an international tender for the execution of works.

More related articles

Yug-Neftegaz became a Silver partner of the International Forum "Oil and Gas of Turkmenistan"
Hydrocarbon exploration is carried out in the coastal zone of the Turkmen Caspian Sea
An International forum, dedicated to environmental aspects of hydrocarbon production launched in Turkmenistan
OGT-2022 International Oil and Gas Forum started in Turkmenistan
"Oil and Gas of Turkmenistan-2021" starts in Ashgabat
OGT-2022 International Investment Forum Kicks Off in Ashgabat