The state concern «Turkmennebit» and the international oil service company under the China Petrochemical Corporation will conclude a contract for the provision of specialized services to increase the productivity of oil wells. This is provided for by the relevant resolution of the President of Turkmenistan.
The draft of this resolution was presented to the head of state by Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov during a government meeting last Friday. According to the document, it is envisaged that the State Concern «Turkmennebit» will conclude an appropriate contract with the International Oil Service Company under the China Petrochemical Corporation.
After listening to the report, President Serdar Berdimuhamedov noted the importance of broadly attracting best practices to the industry to increase oil production. Having signed the presented Decree, the head of Turkmenistan sent it to the vice-premier via digital system, instructing to ensure the proper implementation of this document.
