Turkmenistan to buy drilling equipment from Italy
The Turkmennebit (Turkmenoil) state concern plans to sign a contract with ProBusiness S.r.l. (Italy) with its equity, theTurkmen Ministry of Oil and Gas Industry and Mineral Resources reported.
The matter is purchase of some 2424 tons of drilling pipes of various types required for drilling and work over at oil and gas fields.
Turkmennebit occupies a leading position in Turkmenistan's economy and is involved in the production of oil and gas, chemicals, stone and bentonite.
The concern is cooperating with various foreign companies for drilling oil and gas fields, overhaul, renovation of equipment for oil and gas fields and oil pipelines and construction of new pipelines.
The concern is not only involved in drilling work at the used fields, it also conducts geological exploration at new areas. Tenders are held from time to time for purchasing required equipment, special machinery and chemical reagents.
In the years of independence, the concern was able to increase oil production from five to eight million tons per year.
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