Uzbekneftegaz and CNLC Discuss Oil and Gas Cooperation

Tashkent, Uzbekistan (UzDaily.com) — Chairman of the Board of Uzbekneftegaz JSC Abdugani Sanginov held a meeting with the management of Chinese company CNLC, which is part of one of China’s largest oil and gas corporations, CNPC, according to the company’s press service. The talks focused on supplies of drilling equipment and the expansion of cooperation in the oil and gas sector.

The sides reviewed areas of cooperation, including the provision of geophysical services and the procurement of high-temperature-resistant downhole equipment. Special attention was given to projects aimed at improving technological efficiency in field operations.

At the beginning of the meeting, it was noted that Uzbekneftegaz and CNPC have recently developed close and trust-based partnership relations. It was emphasized that a number of mutually beneficial contracts have already been signed with organizations within the Chinese corporation, and practical work is underway on their implementation.

The negotiations also covered the implementation of a project to supply a ZJ90 drilling rig with a lifting capacity of 650 tons. It was reported that the relevant contract had been signed earlier by the parties, and work is currently underway to fulfill it.

Another area of discussion included geophysical services such as logging, testing and perforation operations in deep wells ranging from 4,500 to 6,000 meters. Proposals were also considered for operations in high-temperature wells of up to 200 degrees.

The Uzbek side noted that CNLC’s commercial proposals require further review, taking into account the need to ensure competitive and acceptable conditions.

In addition, the procurement of equipment for Uzbekgeofizika JSC designed for high-temperature and high-pressure environments was discussed. The sides also addressed an initiative to establish a joint venture for localizing perforation services and introducing modern technologies into the industry.

At the end of the meeting, the parties agreed to continue cooperation, further develop technical solutions and prepare mutually acceptable commercial proposals.