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Singaporean Yug-Neftegaz gets a contract in Turkmenistan


The Singapore company Yug-Neftegaz Private Limited will perform 3D seismic surveys in the eastern part of the Goturdepe oil field, as well as 2D at the South Burun site. The corresponding Resolution was signed today by President Gurbanguly Berdimuhamedov, allowing the state corporation "Turkmengeologia" to conclude a contract for the execution of works, the "Watan" news program of the Turkmen television reported.

It should be reminded that plans to carry out seismic exploration work in the Balkan zone of western Turkmenistan to search for new oil deposits were announced at a government meeting on June 25. Then the head of state instructed Deputy Prime Minister Abdrakhmanov to increase the volume of production and processing of oil and natural gas, as well as to systematically strengthen the resource base of the oil and gas industry by identifying new deposits.

Following the meeting of the Government, the State Corporation "Turkmengeology" announced an international tender for the execution of works.

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