Innovations and new technologies are the key to a successful partnership between “Turkmennebit” and “Tatneft”
15:09 10.07.2020 7183
The state concern “Turkmennebit” operates mainly in the Western region of Turkmenistan. Here are concentrated oil fields, many of which began the industrial return of "black gold" since the end of the XIX century.Almost all deposits in this region are characterized by complex geological conditions, have a multi-layer structure, including several dozen separate deposits. Taking this into account, the introduction of innovative technologies and highly efficient equipment for the intensification of oil production in these fields is particularly relevant.To this end, SC “Turkmennebit” expands cooperation with foreign partners. So, since 2010, “Tatneft” Public Joint-Stock Company (the Republic of Tatarstan, the Russian Federation) has been successfully operating in Turkmenistan, with which the concern has signed a contract for the provision of services for the overhaul of wells and enhanced oil recovery at the Goturdepe field.Thanks to effective geological and technical measures, oil production at 128 wells was restored, mainly from an inactive fund and a fund awaiting physical liquidation. The company invested over 32 million US dollars in this project.In December 2018, partners signed a new agreement providing for the overhaul of 88 wells. Within its framework, the “Tatneft” branch in Balkanabat made an additional set of Turkmen specialists and formed 12 brigades. Currently, 48 underground wells have already been commissioned. Investments in the project amounted to about 30 million US dollars.An equally important aspect of the joint work is the training and professional development of Turkmen specialists. Representatives of the oil and gas complex of Turkmenistan repeatedly visited the production facilities of PJSC “TATNEFT” in Almetyevsk and Nizhnekamsk to familiarize themselves with the organization of production activities, putting into practice advanced technologies and modern scientific and technical developments in the field of geological exploration and drilling, automation, telemechanization and centralization of production processes in the oil and gas sector.
Presidents of Turkmenistan and Uzbekistan discussed key issues of bilateral partnership by phone
Key issues of bilateral partnership were discussed by President of Turkmenistan Gurbanguly Berdimuhamedov and President of Uzbekistan Shavkat Mirziyoyev during a telephone conversation last Thursday, the State News Agency of Turkmenistan reports.
TEIF 2025 in Kuala Lumpur demonstrates Turkmenistan’s growing attractiveness
The International Forum on Attracting Foreign Investments into the Economy of Turkmenistan TEIF 2025, held on April 23-24 in Kuala Lumpur, the capital of Malaysia, has come to an end.
Hydrogeologists conduct an effective search for groundwater in Dashoguz region
The Dashoguz hydrogeological expedition, which is one of the leading enterprises of the State Corporation «Turkmengeology», is confidently entering the new year 2022, the motto of which is «Epoch of people with Arkadag». For a number of years, the expedition's specialists have been demonstrating effective results in the study of the reclamation and ecological state of lands and in the search for drinking water resources.
Demand for oil in 2022 will grow by 3.3 million barrels per day, the market will be in short supply – IEA
Demand for oil in 2021 increased by 5.5 million barrels per day, and in 2022 it will increase by 3.3 million bpd, Interfax and Bloomberg report citing a report by the International Energy Agency (IEA).
TEIF 2025 Forum Participants Discuss Investment Opportunities in Turkmenistan’s Energy Sector on Day 2
The second day of the International Forum on Attracting Foreign Investments into the Economy of Turkmenistan TEIF 2025 began in Kuala Lumpur, the capital of Malaysia, on April 24. A plenary session on “Investment Opportunities in Turkmenistan’s Energy Sector: Oil and Petrochemicals” was held in the morning.