A number of documents providing for international cooperation in the oil and gas sector and purchasing equipment for production needs were signed between government agencies and foreign companies as part of the OGT 2026 international conference and exhibition, a correspondent for the Business Turkmenistan online publication attending the event reported.

The documents included a Memorandum of understanding between the Turkmennebit State Concern and China National Offshore Oil Corporation (CNOOC) on cooperation involving facilities in Turkmenistan’s sector of the Caspian Sea.

A Memorandum of understanding was also signed between the Turkmennebit State Concern and Malaysia’s Petroleum Resources Corporation to develop cooperation in oil and gas services and equipment in Turkmenistan.

Contracts for the purchase of pipes of various types and sizes were signed between the Turkmengaz State Concern and the joint venture of Uzbekistan’s Tashkent Plant named after Galperin, as well as between the Turkmennebit State Concern and China’s TENERGY TIANJIN CO., LTD.

In addition, the Turkmennebit State Concern and Kazakhstan’s KSP Steel signed a contract for the purchase of seamless casing pipes.

Source: https://business.com.tm/