HE Saeed Mohammed Al Tayer, Chairman of the Board of Directors of Dragon Oil, wholly owned by the Government of Dubai, expressed his gratitude to HE The President of the Republic of Turkmenistan, Serdar Berdimuhamedov, for the warm reception, hospitality, and continuous support for the company. A delegation headed by H.E. Al Tayer, held a […]
President of Turkmenistan receives Chairman of Dragon Oil – More Details
Serdar Berdimuhamedov, President of the Republic of Turkmenistan, yesterday, received Saeed Mohammed Al Tayer, Chairman of the Board of Dragon Oil, fully owned by the Government of Dubai, at the Presidential Palace in Ashgabat. The Turkmen President welcomed Al Tayer to Turkmenistan and expressed his confidence that the meetings that will take place during the […]
President of Turkmenistan receives Chairman of Dragon Oil
President Serdar Berdimuhamedov of Turkmenistan received on Monday, 26 August 2024, the Chairman of the Emirati company Dragon Oil, Saeedi Al-Tayer. Dragon Oil is a long-standing partner of Turkmenistan in the upstream sector. The sides discussed the prospects of expanding the partnership based on the mutually beneficial experience of many years. It was underlined that […]
Foreign oil service companies in Kazakhstan earned more than USD 50 billion during 30 years
The Chairman of the Union of Oil Service Companies of Kazakhstan Almas Kudaibergen at a briefing at the Central Communications Service announced recently that the foreign oil service companies in Kazakhstan have earned more than USD 50 billion during the 30 years of their work. According to the head of the union , there are […]
The oil and gas industry of Turkmenistan held talks with investors from the UAE and South Korea – Kazakhstani companies are ready to join gas projects in Turkmenistan
On 29 July 2024, Ashgabat hosted meetings of the heads of the oil and gas industry of Turkmenistan with the management of ADNOC (UAE) and Hyundai Engineering Co. Ltd. (Republic of Korea), TDH reports. One of the features of the current stage of negotiations was the expression by ADNOC of readiness to work together with […]
S&P Global Commodity Insights: Knowledge Partner at OGT 2024 Conference and EXPO
S&P Global Commodity Insights is the Knowledge Partner of this year’s Oil and Gas of Turkmenistan (OGT 2024) conference. The 29th International Conference and Exhibition “Oil and Gas of Turkmenistan – 2024” (OGT 2024) will be held in Ashgabat on 23-25 October 2024. S&P Global Commodity Insights plays a crucial role in the energy sector […]
Turkmenistan and ADNOC discuss gas cooperation issues
On 20 July 2024, a meeting was held in the format of a videoconference between the leadership of the State Concern Turkmengaz and the Minister of Industry and Advanced Technologies of the United Arab Emirates, Director General of the Abu Dhabi National Oil Company (ADNOC) Sultan Ahmed Al-Jaber, the Ministry of Foreign Affairs of Turkmenistan […]
Registration Open for the 29th International Conference and Exhibition “Oil and Gas of Turkmenistan – 2024” (OGT 2024)
Registration is now open for the 29th International Conference and Exhibition “Oil and Gas of Turkmenistan – 2024” (OGT 2024), to be held in Ashgabat on 23-25 October 2024. This flagship event of energy sector is organized by the State Concerns “Turkmengas” and “Turkmennebit” and the Chamber of Commerce and Industry of Turkmenistan. The purpose […]
New Powerful Gas Flow Found at Galkynysh Giant in Turkmenistan
The Galkynysh gas field in Turkmenistan, a world leader in natural gas reserves, has seen a significant discovery – a new industrially viable flow of natural gas. The State Concern Turkmengaz’s drilling department successfully reached a depth of 4461 meters during the recent operations. This new gas flow originates from reservoirs between 4461 and 4350 […]
Balkan Oil Workers: Reviving Wells, Bringing Thousands of Tons of Oil and Gas
The Capital Repair Trust of the Turkmennebit state concern is making significant strides in the Balkan province’s fields. Through well overhauls, they’ve breathed new life into depleted or inactive wells, leading to an additional 59,000 tons of oil and 28.4 million cubic meters of gas extracted from the Turkmennebit fields in western Turkmenistan in January-May […]
Emissions Reduction of Greenhouse Gases – Strategy of State Concern Turkmennebit of Turkmenistan
Ms. Sona Kerimova, the Chief Specialist of the Oil Refining Department of the State Concern Turkmennebit of Turkmenistan gave a presentation at the TESC 2024 in Ashgabat recently. The title of her presentation was: Emissions Reduction of Greenhouse Gases – Strategy of State Concern Turkmennebit of Turkmenistan. We are presenting here a reformatted and slightly […]
TESC 2024: UN Resident Coordinator Dmitry Shlapachenko Advocates for Sustainable Energy Practices at International Scientific Conference in Turkmenistan
Ashgabat, 5 June 2024 – Dmitry Shlapachenko, the UN Resident Coordinator in Turkmenistan, participated in the International scientific conference “Energy perspectives, new technologies and environmental aspects in the development of hydrocarbon resources” held on 5-6 June 2024. The conference convened global experts, government officials, and industry leaders to discuss crucial topics such as energy perspectives, […]
TESC 2024 – key points of the first day of the International Conference on Environmental Aspects of Hydrocarbon Resources Development
On 5-6 June 2024, Ashgabat hosts an international scientific conference: “Energy perspectives, new technologies and environmental aspects in the development of hydrocarbon resources”, organized by the state concerns Turkmengaz and Turkmennebit, the State Corporation Turkmengeologiya in cooperation with the Turkmen-Forum and the British company GaffneyCline. Double the attendance from last year, the conference brought together […]
Turkmen Energy Scientific Conference TESC 2024 changes its venue
The Organising Committee of International Scientific Conference: “Energy perspectives, new technologies and environmental aspects in the development of hydrocarbon resources” (TESC 2024) has announced that the event venue has changed to the Archabil Hotel in Ashgabat, Turkmenistan. The conference will be held on 5-6 June 2024. The primary focus of the conference will be reduction […]
Iran Seeks Turkmenistan’s Entry into Gas Exporting Countries Forum
Issues of cooperation in the fuel and energy sector between Turkmenistan and Iran were discussed on Saturday (May 11) in Tehran at a meeting between Murad Archayev, Deputy Chairman of the State Concern Turkmengaz, and Majid Chegeni, Managing Director of the National Iranian Gas Company (NIGC). The meeting was organized on the sidelines of the […]
Dragon Oil and Turkmen Oil and Gas Sector Convene for Safety Conference
Turkmenistan marked World Labor Protection Day, which falls on 28 April 2024, by hosting a two-day conference focused on occupational health, safety, and environmental management. The forum was organized by Dragon Oil (UAE) in collaboration with the State Concern Turkmennebit (Turkmen Oil), according to the Neutral Turkmenistan newspaper. Industry leaders and specialists from Turkmen and […]
TEIF 2024: key discussion points of the first day of the International Investment Forum of Turkmenistan’s Energy Sector in Paris
More than 300 delegates from 31 countries gathered in Paris for the International Investment Forum on Attracting Investments in the Energy Sector of Turkmenistan (TEIF 2024). Among the participants are representatives of international organizations, including the UNECE, OPEC, the Global Gas Center (GGC), the International Energy Agency (IEA), delegates from major oil and gas companies, […]
The International Forum on Attracting Foreign Investments in the Energy Sector of Turkmenistan starts today in Paris
Today, on 24 April, the International Forum to Attract Foreign Investments in Turkmenistan’s Energy Sector (TEIF 2024) kicks off in Paris. President Serdar Berdimuhamedov, in a message to forum participants, expressed confidence that the event will be a catalyst for progress. He highlighted its potential to address tasks in Turkmenistan’s oil and gas sector, attract […]
Turkmenistan intends to increase gas exports eastward with the commissioning of a gas purification plant in Mary province
Turkmenistan is going to significantly boost its natural gas exports eastward with the construction of a new gas purification plant in Mary province. The facility, located at the Kelleli gas field, will process gas from three promising fields in the region: Sherepli, Kelleli, and Yylan. Its construction is carried out by the Specialized Management of […]
Turkmenistan will raise production at Turkmenbashi Complex of Refineries
Turkmenistan is introducing the international best practices in the oil and gas complex of the country. Simultaneously, work is in hand to increase the output of the productive wells, reported DPM for oil and gas, Amanov, during a cabinet meeting on 12 April 2024. This will lead to the augmented production at the refineries including […]
Dragon Oil Embarks on new Exploration Project in Turkmenistan’s Block 19 in the Caspian Sea
In December 2024, Dragon Oil will begin the process of exploring the first well within Block 19 in Turkmenistan in accordance with the memorandum of understanding signed with the State Concern of Turkmenistan Turkmennebit (Turkmen Oil). The document provides for the expansion of Dragon Oil’s investments in the oil sector aimed at producing oil and […]
China University of Petroleum has trained more than 130 specialists for the oil and gas industry of Turkmenistan
For over 15 years, the China University of Petroleum has played a vital role in fueling Turkmenistan’s oil and gas industry by educating young talent. Through a robust partnership with the Chinese National Petroleum Corporation International Ltd. in Turkmenistan (CNPCIT) and the State Concern Turkmengaz, over 130 specialists have graduated, equipped with the knowledge and […]
Dragon Oil to completely stop flaring gas at fields in Turkmenistan by 2027 – Ali Al-Jarwan
In the next few years, the Dubai-owned Dragon Oil company plans to completely stop burning associated petroleum gas in the fields of its foreign assets in Turkmenistan, Iraq and Egypt. This was stated by the CEO of Dragon Oil, Ali Rashid Al-Jarwan, during the signing of the Oil and Gas Decarbonization Charter of during the […]
Oil and Gas Sector of Turkmenistan Marks New Developments
Galkynysh Field Sees Increased Gas Production Another gas well has been commissioned at the Galkynysh gas field, which is one of the largest natural gas reserves in the world. Its daily flow rate is 2 million cubic meters of natural gas per day. As a result, the number of productive gas wells of plant No. […]
OGT 2023: Immediate Abandonment of Oil and Gas Is Impossible, Says Turkmenneft Chairman
The growth of energy consumption in developing countries, which began at the end of the last century and the continuing global demand for energy resources has led to an increase in global energy consumption. Today, the oil and gas industry provides 55% of the world’s energy, said Guvanch Agajanov, Chairman of the State Concern Turkmennebit […]
CNPC – is the Platinum Partner of the 28th International Conference and Exhibition “Oil and Gas of Turkmenistan – 2023” (OGT 2023)
To date, the global transition to a carbon-neutral world is becoming the most important challenge and requires decisive action in the energy sector. Such a task requires intensive co-operation between countries at the political, economic and societal level. At the time of such events and global change, the 28th International Conference and Exhibition “Oil and […]
Turkmenistan Pavilion at ADIPEC 2023 Attracts Over 3,000 Visitors
Over 3,000 visitors representing engineering, refineries, renewable energy, and upstream and downstream areas of the energy industry visited the booth of “Turkmenistan. Energy sector” on the second day of ADIPEC 2023 in Abu Dhabi, Turkmen Forum reports. The companies that paid a visit were from Saudi Arabia, Pakistan, Algeria, Germany, Turkiye, Azerbaijan, Kazakhstan, China, and […]
The Yagshigeldy Kakayev International University of Oil and Gas and the Chiny University of Petroleum to cooperate in the field of science and education
In Beijing, the Yagshigeldy Kakayev International University of Oil and Gas and the Chinese Petroleum University signed a Memorandum of Understanding on cooperation in the field of science and education. The signing of the document took place within the framework of the participation of the Turkmen delegation in the international conference “Towards carbon neutrality: Education, […]
Ashgabat OGT Conference on Environmental Aspects of Hydrocarbon Industry reaffirmed the key role of gas in the energy transition
nCa Report Natural Gas is the key to a low–carbon future Turkmenistan is preparing the 4th national report on climate change and is on the way to joining the Global Methane Pledge International institutions are ready to cooperate with Turkmenistan in the field of green development On 15 June 2023, Ashgabat hosted an International scientific […]
World will continue to depend on oil and gas for the foreseeable future – Saudi Aramco CEO
Alternative energy sources will not be able to replace oil and gas overnight as part of the world’s energy transition efforts, with additional hydrocarbon investment required to meet growing demand, Saudi Aramco’s chief executive has said. Investment in oil and gas has fallen sharply, with upstream investment at about $400 billion in 2022, less than […]
The titans of the global oil and gas industry continue to exploit the hydrocarbon riches of the Caspian Sea
BP has started drilling two new deep exploration wells in the Azerbaijani sector of the Caspian Sea. One of the wells will reach a depth of 7000 meters in order to open gas layers located below the deposits of the existing Shah Deniz gas field, which currently provides the bulk of gas exports from Azerbaijan. […]
Trans-Caspian Gas Pipeline – Aspects and Prospects
Elvira Kadyrova If Turkmenistan’s government decides to build a Trans-Caspian pipeline, Azerbaijan will support the idea, but it will not be the initiator. This statement came from Azerbaijani President Ilham Aliyev in an interview with the Italian newspaper Il Sole 24 Ore. Although the Trans-Caspian gas pipeline project has been discussed over 15 years, Aliyev […]
Balkan province is a driver of the fuel and energy complex development in Turkmenistan
The Balkan province is a center of strategic hydrocarbon wealth of Turkmenistan. Almost all 40 oil fields of the country are concentrated in the western region, and it is this region that provides the bulk of Turkmen exports of commercial oil and gas condensate. The task of industrial development of the Caspian lowland, which is […]
President of Turkmenistan met with the head of CNPC
President of Turkmenistan Serdar Berdimuhamedov received a member of the Board, President of the China National Petroleum Corporation (CNPC) Hou Qijun. The head of CNPC confirmed the interest of Chinese partners in enhancing mutually beneficial cooperation with Turkmenistan, built on a long-term basis. The Chinese business community is keen to expand its presence in the […]
New oil and gas inflow obtained in the western region of Turkmenistan
An industrial inflow of natural gas and oil condensate was obtained at the Uzynada field in the Balkan province, at a depth of 6692-6706 meters, the newspaper Nebit-gaz reports. At present, the daily flow rate of the well is 91,000 cubic meters of natural gas and 70 tons of oil condensate. For the period from […]
Turkmenistan produced more than 83 bcm of gas in 2021, highest volume since independence
Turkmenistan produced 83.773 bcm (billion cubic meters) of natural gas in 2021. This is the highest annual production of gas since independence. The announcement came during the cabinet meeting on 11 February 2022. In reaching this extraction level, the target for the production of natural and associated gas was exceeded by more than 20%. During […]
Turkmenistan sharpens focus on diversification of energy export routes
Turkmenistan keeps the world energy situation under close observation and retains focus on diversification of its energy export routes to help strengthen energy security in Eurasia. President Berdimuhamedov chaired a meeting on Monday, 1 February 2022, with participation of DPM Abdrehman (oil and gas), DPM Serdar Berdimuhamedov (finance, economy, with additional responsibility to supervise financial […]
Turkmenistan announces discoveries at Uzynada field – president makes field trip
President Berdimuhamedov of Turkmenistan visited the Esenguly district of Balkan province on 13 January 2022. He attended a presentation at Uzynada, a promising field at the Caspian shore. The general area, with several other fields, is Goturdepe that expands into the Caspian shelf. At the presentation given by the research and development wing of the […]
OGT 2021 – Speech of CEO of SOCAR Trading
Introduction Thank you for inviting me to speak at this important conference. My name is Mariam Almaszade, and I am CEO of SOCAR Trading, the global commodities trading company that is headquartered in Geneva, has trading hubs in the major financial cities around the world, and is part of the State Oil Company of the […]
XXVI International Conference “Oil and Gas of Turkmenistan-2021”
The XXVI International Conference “Oil and Gas of Turkmenistan-2021”, organized by the State Concerns “Türkmengaz”, “Türkmennebit” and the State Corporation “Türkmengeologiýa” in partnership with the EC “Turkmen Forum” with the support of the British company “GaffneyCline” started in Ashgabat on 27 October 2021. Among its participants are the heads of government agencies, relevant ministries and […]
OGT 2021 – International Investment Forum
nCa Report OGT, the flagship event of the oil and gas industry of Turkmenistan, started on Wednesday, 12 May 2021, in Ashgabat. This year it is titled ‘OGT 2021 – International Investment Forum.’ — OGT is acronym for Oil and Gas of Turkmenistan. Being held in the mixed, physical and online format, the conference has […]
OGT 2021 International Investment Forum to Launch in Ashgabat
Oil and Gas of Turkmenistan – 2021 International Investment Forum, dedicated to the 30th anniversary of Independence of Turkmenistan will take place on May 12-13 in Ashgabat at the conference hall of the Chamber of Commerce and Industry. The Forum is organised by the State Concerns “Turkmengas” and “Turkmennebit”, State Corporation “Turkmengeology” as well as […]
Foundation laying of new power plant at Turkmenbashi refinery — GB receives heads of Çalik Holding, Lukoil
On Wednesday (9 September 2020) President Berdimuhamedov led the foundation laying ceremony of a power generation plant at the Turkmenbashi complex of refineries at the Caspian coast of Turkmenistan. The project will be done by Çalik Energy, a wholly owned company of the Turkish Çalik Holding. There will be two gas turbines with capacity of […]
The results of the oil and gas roadshow of Turkmenistan in Dubai are summed up
On the second day of the international conference «Oil and Gas of Turkmenistan» dedicated to the 25th anniversary of the Permanent Neutrality of Turkmenistan, two more sessions on investment in the oil and gas industry of Turkmenistan were actively held. In their speeches, representatives of SC «Turkmengas», TCOR and NaPeCo revealed the potential of cooperation […]
The first meetings were held at OGT 2020 in Dubai
The working sessions of the first day of the international roadshow were devoted to the prospects of development of the gas chemical and oil refining industry of Turkmenistan, industrialization, as well as development of the offshore blocks of the Turkmen shelf of the Caspian Sea and attraction of investments. Managers and leading specialists of the […]
International Road Show «Oil and Gas of Turkmenistan» is about to start in Dubai
Delegates of the International Roadshow «Oil and Gas of Turkmenistan», 2020, dedicated to the 25th anniversary of the Permanent Neutrality of Turkmenistan are actively registered at the Hyatt Regency Dubai Creek Heights Hotel. The conference, within which the leaders of international oil companies and the government of Turkmenistan will discuss investment opportunities in the oil […]
International Roadshow “Oil and Gas Turkmenistan” Hyatt Regency Dubai Creek Heights, Dubai, UAE 24-25 February 2020
International Roadshow “Oil and Gas Turkmenistan 2020” in Dubai will commence on February 24, 2020 and it has already attracted over 200 delegates, representing 80 companies and organizations, governmental delegations and trading firms from over 20 countries of the world. Leaders from international oil companies and senior management of Turkmenistan government will discuss investment opportunities […]
International Roadshow “Oil and Gas Turkmenistan” in Dubai
International Roadshow “Oil and Gas Turkmenistan” Hyatt Regency Dubai Creek Heights, Dubai, UAE 24-25 February 2020 SC “Turkmengas”, SC “Turkmennebit” and SC “Turkmengeology” in partnership with Turkmen Forum are launching a new series of International Roadshows “Oil and Gas Turkmenistan” on 24-25 February, 2020 in Hyatt Regency Dubai Creek Heights, Dubai, UAE. The upcoming event […]