The Turkmenistan branch of the International Oilfield Services Company, part of the Chinese petrochemical corporation SINOPEC, has produced over 1 million tonnes of oil in four years. The value of the work carried out amounted to approximately 200 million US dollars, according to the online news site AsmanNews.

The project is being implemented under a contract with the State Concern ‘Türkmennebit’. The introduction of modern technologies has enabled an increase in daily oil production of more than 1,500 tonnes.

The company carries out a range of oilfield services, including sidetracking, directional and horizontal drilling, well workover, acid and water-blocking treatments, as well as the modernisation of surface and downhole equipment.

In addition to projects at the ‘Türkmennebit’ fields, the SINOPEC branch participated in work at the Shatlyk, Dovletabat, Yashyldepe and Bagtyyarlyk fields. Drilling operations, well workover and measures to increase oil and gas production were carried out there.

The newspaper ‘Biznes reklama’ notes that these achievements strengthen SINOPEC’s position in Central Asia and expand opportunities for cooperation in the oil and gas sector. Looking ahead, the company plans to continue introducing technologies, improving the efficiency of field development and implementing new projects in Turkmenistan.