
Saturn Drilling Rig Returned to Turkmenistan Accompanied by ASCO Vessels
The transportation operation lasted three days and involved six vessels. The Saturn oil drilling rig, which had been delivered from Turkmenistan to Azerbaijan in May of last year, was returned to Turkmen waters of the Caspian Sea accompanied by vessels of ASCO, which is part of AZCON Holding. This was …

Ankara Plans to Develop Gas Reserves on Bulgaria’s Continental Shelf
Turkey intends to sign an agreement next month that will allow the state-owned energy company Turkish Petroleum Corporation (Türkiye Petrolleri Anonim Ortaklığı, TPAO) and a foreign partner to conduct exploration activities in a section of the Black Sea located off the coast of neighboring Bulgaria, the Turkish Ministry of Energy …

The President of Turkmenistan Discussed Cooperation in the Fuel and Energy Sector with the Head of Dragon Oil
Turkmen President Serdar Berdimuhamedov received Chairman of the Board of Directors of Dragon Oil (UAE) Saeed Al Thayer. This was reported by the official newspaper Neutral Turkmenistan. According to the newspaper, during the meeting, the parties discussed the possibilities of building up a long-term successful partnership, taking into account the …

Turkmenistan Produced 40.2 Billion Cubic Meters of Gas and 4.2 Million Tons of Oil in the First Half of the Year
During the meeting, it was reported that gas production in the country in January-June 2024 exceeded 40.2 billion cubic meters, oil extraction amounted to 4.2 million tons, Interfax writes with reference to local media. However, comparative data with last year is not provided. Earlier, it was reported that for the …

Towing of the Saturn Drilling Rig from Turkmenistan to Azerbaijan Has Been Completed
The Saturn oil drilling rig was delivered from Turkmenistan to Baku (Azerbaijan) accompanied by support vessels belonging to Azerbaijan Caspian Shipping Company CJSC (ASCO). The three-day operation involved the vessels “Andoga”, “Neftegaz 64” and “Mardakan” of the ASCO Caspian Sea Oil Fleet in the port of Turkmenbashi. CJSC Azerbaijan Caspian …

Turkmenistan Has Revealed The Volume Of Oil And Gas Produced In 2023
Natural gas production in Turkmenistan in 2023 amounted to more than 80.6 billion cubic meters, oil production – over 8.3 million tons, the Russian-language government newspaper Neutral Turkmenistan reported on Saturday. The corresponding data at an extended government meeting following the results of 2023 was presented by the Chairman of …

Turkmengaz and The Emirates ADNOC Intend to Work on The Development of The Galkynysh Gas Field
The parties signed a memorandum of understanding on cooperation in the development of this field. Turkmengaz and the Abu Dhabi National Oil Company (ADNOC) signed a memorandum of understanding on cooperation in the development of the largest gas field in Turkmenistan – Galkynysh. The document was signed following the visit …

The President of Turkmenistan Replaced the Head of “Turkmengeology”
Gurbangeldy Garliyev appointed as new head of state corporation Turkmen President Serdar Berdimuhamedov dismissed Merdan Rozyev, chairman of the state corporation Turkmengeology, from his post. This was reported in the official program of the Turkmen television Watan. According to television, Roziev was relieved of his post in connection with the …

Gazprom delegation visits Turkmenistan
A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a working visit to Turkmenistan today. Working meetings of Alexey Miller with Serdar Berdimuhamedov, President of Turkmenistan, and Gurbanguly Berdimuhamedov, Chairman of the People’s Council (Khalk Maslakhaty) of Turkmenistan, were held in Ashgabat as part of the visit. The meetings addressed the current and prospective cooperation in the gas …

Turkmenistan and Azerbaijan Will Jointly Produce Oil in the Caspian
Turkmenistan and Azerbaijan signed a memorandum on joint exploration, development and development of the Dostluk (Druzhba) field in the Caspian Sea. The documents were signed by the Foreign Ministers of Turkmenistan Rashid Meredov and Azerbaijan, Jeyhun Bayramov. The event was received by videoconference by the head of Turkmenistan, Gurbanguly Berdimuhamedov, …