Tashkent, Uzbekistan (UzDaily.com) — Uzbekneftegaz JSC and international oilfield services company Schlumberger have signed a Field Management Agreement for the Ustyurt region.

The agreement was signed within the framework of the 27th International Oil & Gas Exhibition and Conference of Uzbekistan – OGU 2025, taking place in Tashkent from 13 to 15 May 2025.

The document outlines the establishment of a new cooperation model — the formation of a Joint Project Management Team, tasked with implementing strategic objectives aimed at sustainable development, enhancing production efficiency, and deploying advanced oil and gas asset management technologies.

The signing of the agreement marks a significant milestone in strengthening the partnership between Uzbekneftegaz and Schlumberger. It reflects both parties’ commitment to long-term, innovation-driven cooperation. The new collaboration format is expected to accelerate decision-making processes, facilitate the adoption of global best practices, and promote knowledge and technology transfer.