Turkmenistan

President of Turkmenistan Gurbanguly Berdimuhamadov signed a decree, according to which it is planned to form a closed joint stock company “Türkmen Milli nebitgaz kompaniýasy” (“Turkmen National Oil and Gas Company” – NAPECCO “). According to the document, this decision serves the purpose of successful implementation of the task of …

Dragon Oil plc, an international oil and gas exploration, development and production company, today publishes an update on the drilling activity and production numbers for 1H and June 2015 in the Cheleken Contract Area, Turkmenistan, and exploration activity in Block 9 in Iraq. · Average gross production of approximately 92,060 …

Kazakhstan and Turkmenistan have agreed to their maritime border in the Caspian Sea despite the continued lack of agreement on the legal status of the Caspian among its five littoral states. Both Kazakh and Turkmen media reported on May 26 that Turkmenistan’s parliament ratified an agreement with Kazakhstan that dated …

Professionals of TATNEFT continue to implement the contract for provision of services designed to enhance oil recovery in the south-eastern sector of oil field No. 4 of NGDU “Goturdepeneft” in Turkmenistan. The crews of JSC TATNEFT branch worked over and put into operation five wells in the first half of …

Professionals of TATNEFT Company continue implementation of the contract for rendering services to enhance oil recovery in the south-eastern part of production shop No.4 of NGDU “Goturdepeneft” in Turkmenistan. Over 13,000 tons of crude oil have been additionally produced from the wells put into operation. The purpose of the contract …

Tethys Petroleum Limited announced that it has completed the purchase of 34% of the shares in Seven Stars Energy Corporation from its Tajik joint venture partner Sangam Limited, and increased its shareholding to 85% (from 51%). Seven Stars Energy Corporation is the owner of the rights to the Bokhtar Production …