Following the conclusion of the second day of the International Conference and Exhibition “Oil and Gas of Turkmenistan – 2026” (OGT 2026) in Ashgabat, a solemn signing ceremony took place for a package of bilateral documents between the State Concerns of Turkmenistan and companies from China, Malaysia, Kazakhstan, and Uzbekistan.
The signed agreements cover key areas of cooperation in the oil and gas sector, including the development of offshore blocks, services, and the supply of specialized equipment:
Development of the Turkmen Sector of the Caspian Sea: The State Concern “Turkmennebit” and the China National Offshore Oil Corporation (CNOOC) signed a Memorandum of Understanding щт cooperation in respect of the Blocks of the Turkmen sector of the Caspian Sea. The document was signed by Guvanch Agajanov, Chairman of the State Concern “Turkmennebit”, and Zhang Chuanjiang, Chairman of the Corporation.
Oil and Gas Services and Equipment: The State Concern “Turkmennebit” signed a Memorandum of Understanding with the Malaysian Petroleum Resources Corporation in the field of oil and gas services and equipment in Turkmenistan. The agreement was signed by Guvanch Agajanov and Mohd Yazid Ja’afar, President/Chief Executive Officer of the Corporation.
Procurement of Pipe Products:
The State Concern “Turkmengas” signed a contract for the procurement of various types of pipes with the joint venture “Tashkent Pipe Plant named after Galperin” limited liability company (Uzbekistan). From the Turkmen side, the contract was signed by Maksat Babayev, State Minister of Turkmenistan – Chairman of the State Concern “Turkmengas”, and from the Uzbek enterprise — Director Susepina Viktoriya.
The State Concern “Turkmennebit” signed a contract for the procurement of various types of pipes with the Chinese company TENERGY TIANJIN CO., LTD. The document was signed by Guvanch Agajanov, Chairman of the State Concern “Turkmennebit”, and Samiullah Gulam Sakhi, Representative for Central Asia.
Another contract regarding the procurement of various types of pipes was signed by the State Concern “Turkmennebit” with the company KSP Steel (Kazakhstan). The document was signed by Guvanch Agajanov and Baurzhan Kozhabekov, Director of Sales for KSP Steel.
Commenting on the signed agreements, foreign partners highlighted the high level of organization of the event in Ashgabat and the strategic importance of long-term cooperation with Turkmenistan.
Baurzhan Kozhabekov, Director of Sales for KSP Steel (Kazakhstan), emphasized the successful experience of long-term interaction: “We came today to sign another contract. This is not our first agreement — we have successfully completed about three contracts. Cooperation with neighboring countries like Turkmenistan is very important to us. We thank the Turkmen side for their trust and fruitful cooperation, which has been ongoing for 4 years. We will not let you down and will fulfill all contracts on time and with traditionally high quality.”
Mohd Yazid Ja’afar, President and Chief Executive Officer of the Malaysian Petroleum Resources Corporation (MPRC), expressed appreciation to the leadership of the country for supporting joint initiatives: “So with this agreement, with this understanding, we hope that we will be able to work together with Turkmennebit and other Turkmenistan state concerns in developing the oil and gas industry, and we hope that we can bring together mutual benefits from the various perspectives, also from the perspective of technology, as well as in terms of tackling some of the work-inspired developments in oil and gas industry.” /// nCa, 22 October 2026
Here are some photos from the signing ceremony:
