China Petrochemical Corporation SINOPEC has increased oil production in Turkmenistan to 1.5 thousand tons per day
The branch of the International Oilfield Service Company under the China Petrochemical Corporation (SINOPEC) in Turkmenistan has completed works in the volume of 200 million US dollars, ensuring the production of more than 1 million tons of oil over four years. The company's project was officially recognized with an award from the State concern «Türkmennebit». The branch of the International Oilfield Service Company under the China Petrochemical Corporation (SINOPEC), which is one of the main partners of Turkmenistan, currently carries out work in accordance with contract No. 09/01-10/63, signed on July 7, 2022, on the basis of the Resolution of the President of Turkmenistan dated June 24, 2022. Within the framework of the cooperation contract, the company's repair crew offers a full range of services, namely: sidetracking (cutting the second casing string of wells), including directional sidetracking, transverse sidetracking, well deepening, major overhaul of downhole and surface equipment, its installation and commissioning, strengthening the bottomhole zone of idle and sand-producing wells, water isolation, and acid treatment. To date, the branch of the International Oilfield Service Company under the China Petrochemical Corporation (SINOPEC) in Turkmenistan has completed works worth 200 million US dollars within the framework of contractual obligations. As a result of the high-tech works of the Chinese company, the production of new oil has exceeded 1 million tons, and the daily oil production has exceeded 1.5 thousand tons. The branch of the International Oilfield Service Company under the China Petrochemical Corporation (SINOPEC) in Turkmenistan is a subdivision of the International Oilfield Service Company under the China Petrochemical Corporation (SINOPEC), specially established for the development and expansion of the market of oil and gas engineering services abroad, and belongs to the China Petrochemical Corporation (SINOPEC). The founder of the Turkmen branch — China Petrochemical Corporation (SINOPEC) — exercises unified management, coordination, and organization of the work of the personnel of engineering teams in conditions of oil and gas exploration and production, as well as the conduct of foreign oil engineering activities by the group of companies. The specialists of the company, which possesses 50 years of experience, are engineers and technicians capable of solving complex production tasks and managing modern equipment. The company successfully provides oil and gas engineering services (exploration and production services). The company's engineering teams perform work on the development of oil fields and equip them with engineering equipment and technologies for geophysical exploration, drilling, major overhaul, surface arrangement of oil fields, and installation of oil and gas pipelines. The teams are capable of implementing various engineering projects in difficult terrain and geological conditions. Most of the oil engineering teams of the SINOPEC corporation hold the ISO 9000 quality system certificate and are members of the International Association of Contractors. This International Oilfield Service Company provides comprehensive technical support for creating a reliable quality control system, environmental safety systems (HSE), occupational safety and health (OSH) systems, and other management systems, as well as for practical technical development. Also, this International Oilfield Service Company, cooperating with various companies in the field of oilfield services, has achieved great success in global contracts for oil and gas engineering (exploration and production). In particular, in dozens of regions and countries, such as Africa, the Middle East, Central Asia, America, South Asia, and Southeast Asia, it offers services such as geophysical exploration, drilling, logging, mud logging, and production geophysics. It also carries out extensive work in more than a hundred oil and gas engineering and service projects, such as cementing, well workover, surface construction, pipeline installation, water resources management development (water supply), and road construction. Making full use of advantages in exploration and production, as well as the advantages of the international brand to enhance the capabilities of engineering teams in the field of exploration and production, this company maintains close and effective cooperation with foreign companies registered in the territory of Turkmenistan and state institutions related to the oil and gas complex of the country. At the disposal of the branch of the International Oilfield Service Company under the China Petrochemical Corporation (SINOPEC) in Turkmenistan, there are infrastructure, high-quality and specialized equipment, material resources, production and residential bases, workers, and experienced specialists, which allows for the successful fulfillment of the conditions of numerous contracts completed over a multi-year period of work. Works such as increasing the volume of gas and gas condensate production at the Şatlyk field were carried out using the advanced technologies of this company. Major overhauls of idle wells in the Döwletabat area, drilling and construction of new wells in the Ýaşyldepe area, and major overhauls of gas wells in difficult geological and technical conditions at the Dovletabat field were carried out. At the fields of the State concern «Türkmennebit», services such as sidetracking (cutting the second casing string of wells), directional sidetracking, transverse sidetracking in a specific direction, deep drilling, major overhaul, and strengthening of the bottomhole zone of idle and sand-producing wells were performed. For many years, the branch has been cooperating as a subcontractor with «CNPC IT» and its subdivisions, carrying out work to provide core and related services using a well workover rig and drilling services in the Bagtyýarlyk area. The company, demonstrating high professional skill, has achieved standardized management and high performance indicators in local oil production, winning the full trust of the customer and partners. The production of more than 1 million tons of crude oil became a great success achieved jointly by all participants of the project, which vividly demonstrates the professional skill, level of resource coordination, and responsible approach to work of the SINOPEC group in Turkmenistan. Under the leadership of the branch's General Director Jin Haifeng, all employees successfully fulfill their assigned duties and achieve high production results. The branch of the International Oilfield Service Company under the China Petrochemical Corporation (SINOPEC) in Turkmenistan, having produced more than 1 million tons of oil in the country, has further strengthened its position in Central Asia. This, in turn, has created a solid foundation for further deepening long-term oil and gas cooperation between the two countries. In the future, the company will also improve the comprehensive management system for mature fields for the successful implementation of all set tasks for foreign projects. It will strictly comply with safety and environmental responsibility requirements in production, using all its capabilities to increase oil production, striving to deepen Turkmen-Chinese energy cooperation and create an exemplary project of international energy cooperation.