September 16, 2021: Contract for exploration and research works with Türkmengeologiýa state corporation (Turkmenistan)

Contract for exploration and research works with Türkmengeologiýa state corporation

For the purpose of reaching objectives set out to the "Türkmengeologiýa" State Corporation pursuant to the "Program for the Development of the Oil & Gas Industry of Turkmenistan through 2030" and following international tendering results, the President of Turkmenistan signed the Resolution authorizing "Türkmengeologiýa" State Corporation to conclude a contract with "Yug-Neftegaz Private Limited" (Singapore) for conducting 250 km2  3D seismic prospecting in the eastern section of the Goturdepe field (Balkan zone, Western Turkmenistan) and 245 ln.km 2D surveys in the “South Burun” area attended by processing & interpretation of acquired data during 2021-2023.