The 15th meeting of the Council of Elders of the Organization of Turkic States (OTS) was held in the capital under the chairmanship of National Leader of the Turkmen people, Chairman of the Khalk Maslakhaty of Turkmenistan, member of the Council of Elders of the OTS Gurbanguly Berdimuhamedov.

Petrofac, a leading provider of services to the global energy industry, has secured a new deal to support operations at the Galkynysh Gas Field in Turkmenistan, according to company’s press release. This three-year contract, valued at over $200 million, builds on Petrofac’s previous successful cooperation Turkmengas State Concern on the massive gas field.

The State Concern Turkmennebit is intensifying work on deep well exploration and production of hydrocarbon resources in order to increase hydrocarbon production volumes in the country. Deputy Chairman of the Cabinet of Ministers Batyr Amanov reported on this at a government meeting, TDH reports.

Dragon Oil of the UAE plans to start exploration drilling at Block 19 in Turkmenistan's sector of the Caspian Sea in 2024, the company's CEO, Ali Rashid Al-Jarwan, said.

Footage of Al-Jarwan commenting on a meeting between the management of the Turkmennebit state oil concern and a Dragon Oil delegation was posted on the International Information Center of Turkmenistan's website.

Musabbeh Al Kaabi, Executive Director of Low Carbon Solutions & International Growth Directorate at ADNOC, arrived in Ashgabat at the head of the company’s delegation, the UAE Embassy in Turkmenistan reports.

The delegation is accompanied by the UAE Ambassador to Turkmenistan Ahmed Al Hameli.

On February 26, 2024, in Ashgabat, a meeting was held between the Minister of Foreign Affairs of Turkmenistan Rashid Meredov and a delegation that arrived in Turkmenistan led by the acting Minister of Foreign Affairs of Afghanistan Amir Khan Mottaki, consisting of representatives of various government agencies of Afghanistan, including the Ministry of Mining and Petroleum, energy company “Da Afghanistan Breshna Sherkat”, Afghanistan Railway Authority.

On February 16, President of Turkmenistan Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via the digital system, at which the results of the work of sectors of the national economy for January of this year were summed up.

 During the meeting, Vice-Chairman of the Cabinet of Ministers Batyr Amanov reported on the results of work in the oil and gas sector for January of this year.

In Turkmenistan, at the end of 2023, the plan for the production of natural and associated gas was fulfilled by 106.9%, and for gas export - by 112.6%. Deputy Chairman Batyr Amanov reported about this during an extended meeting of the Cabinet of Ministers.

Turkmenistan's industrial sector demonstrated robust growth at the end of 2023, with natural gas production reaching 80 billion 618.7 million cubic meters and oil production reaching 8 million 316.7 thousand tons, as reported by Dovletgeldi Amanmuhammedov, the Chairman of the State Committee on Statistics, during an extended meeting of the Cabinet of Ministers.

Dragon Oil is set to embark on the testing phase of the Block 19 oil and gas well in the Turkmen sector of the Caspian Sea, with plans to produce 20,000 barrels of Turkmen oil daily, as announced by the company's CEO, Ali Rashid Al-Jarwan. The statement was made during a meeting with the leadership of the Türkmennebit (Turkmen Oil) State Concern in Ashgabat.