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SINOPEC Subsidiary Records Substantial Hydrocarbon Extraction Volumes in Turkmenistan

30 Jun. 08:37

Source

A major energy partnership in Turkmenistan's oil and gas sector has reached a significant financial and operational milestone. Over a four-year period of continuous operations, the local branch of China’s petrochemical giant, SINOPEC, has successfully extracted more than one million tons of crude oil from domestic fields. According to current market evaluations, the total economic value of the extracted natural resources is estimated at approximately 200 million USD.

The project is managed by the International Petroleum Service Corporation, a subsidiary of the China Petrochemical Corporation, under a long-term contractual agreement with the "Turkmennebit" State Concern. Within this strategic framework, the foreign service contractor delivers an extensive portfolio of specialized engineering and oilfield services. This ongoing technical collaboration is structurally focused on optimizing production across the country's onshore oil reserves.

The deployment of advanced extraction technologies and modern field infrastructure has led to a measurable increase in standard output rates. By implementing innovative reservoir stimulation methods, the technical teams successfully enhanced the daily crude oil production capacity by more than 1.5 thousand tons. This optimization has ensured sustained output growth and improved the extraction efficiency of the targeted wells.

The corporation has been heavily involved in operational upgrades across several major fields, including Shatlyk, Dovletabad, Yashyldepe, and Bagtyyarlyk. In these development zones, SINOPEC completed various technical projects involving the drilling of new wells, comprehensive workovers of existing wells, and the enhancement of natural gas and oil recovery. Looking ahead, the enterprise plans to continue introducing advanced technical systems to optimize mature fields and implement new infrastructural projects across Turkmenistan.

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Major International Exhibition and Congress on Healthcare, Education, and Sports Opens in Turkmenistan

10 Oct. 07:33

Source

A multi-sector international exhibition and scientific conference celebrating National Healthcare and Pharmaceutical Industry Workers' Day officially opened at the Chamber of Commerce and Industry Expo Center in Ashgabat. In his official greeting to attendees, President of Turkmenistan Serdar Berdimuhamedov highlighted the ongoing integration of advanced technologies and international collaboration. The President noted that key landmarks during this 35th anniversary year of independence include the opening of new International Centers for Oncology, Pediatrics, and Dentistry, alongside modern expansions at the "Archman" health resort.

Running through October 12, the three-day event serves as a global platform uniting state ministries, international manufacturers, medical specialists, and researchers. The agenda encompasses interactive exhibition stands, technical sessions, specialized workshops, and strategic B2B and B2G business negotiations.

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