Oil & Gas Companies: News for Oil & Gas and Hydrocarbon Industries  Membership Services »
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account Gulfoilandgas rss feed Follow us on Facebook  Jobs 
Products and vendors Services and providers Oil & Gas Software and publications

RWE Dea Opens Office in Turkmenistan

Source: www.gulfoilandgas.com 4/14/2010, Location: Asia

Share |

RWE Dea has officially opened its new branch in Turkmenistan, trading as RWE Dea AG, Turkmenistan Branch. Last year, the German upstream company was granted the exploration rights for Licence Block 23, located in the Turkmenian part of the Caspian Sea and established a local branch.

“Turkmenistan will play a major role in the energy supply for Europe,” said Ralf to Baben, member of the Board of Management of RWE Dea, during the official inauguration. “We are planning to expand our activities in this country further, and we are looking forward to our continuing close collaboration.” Numerous guests from business and political circles attended the event in Ashgabat, the capital of Turkmenistan.

Last year, RWE Dea was granted the exploration rights for the Licence Block 23 under a “Production Sharing Agreement”. The License Block 23 is located in the southeast of the Caspian Sea and covers about 940 square kilometres.RWE Dea is currently preparing a comprehensive environmental study. The purpose of the study is to provide a record of the natural environment in its current state and describe environmental protection measures that are to be kept in place during all stages of the work programme.The current process of evaluating existing seismic data will be followed by a 3D seismic survey covering an area of about 400 square kilometres, prior to the drilling of an exploration well.

In exploring Block 23, RWE Dea will be able to draw on extensive expertise and experience regarding the requirements for working in the shallow waters of ecologically sensitive areas.In the Wattenmeer tidelands in the German federal state of Schleswig-Holstein, a nature reserve of international significance, the company has been operating the Mittelplate Drilling and Production Island incident-free for more than 22 years now.

To foster the exchange of know-how within the scope of the “Production Sharing Agreement”, regular training courses with experts from Turkmenistan's gas and oil industry will be carried out in Germany.These courses will focus on issues such as the general legal environment and the energy industry in Europe, as well as legal and contractual system in the upstream sector. There are also plans for intensive language courses and for providing scholarships.

Oil & Gas Companies News in Turkmenistan >>

China Oil Demand in July 2014
China >>  7/24/2014 - Chinese oil demand indicators have been rather mixed as some products showed strength, such as gasoline and LPG, while other products showed some weak...
Japan Stock Movements in July 2014
Japan >>  7/22/2014 - In Japan, total commercial oil stocks rose by 8.5 mb in May, following a build last month, to stand at 159.2 mb. Despite this build, Japanese oil inve...

Russia Economy in July 2014
Russia >>  7/20/2014 - The country’s GDP posted growth of -0.5% q-o-q in 1Q14, while the yearly comparison showed growth of 0.9%. Retail sales in May grew by 2.1% y-o-y, the...
India Oil Trade in July 2014
India >>  7/16/2014 - India’s May crude imports declined by 493 tb/d or 12% from the previous month to average 3.5 mb/d. Annually crude imports showed a drop of 522 tb/d or...

Teekay Awarded $2.1b Contracts for 6 LNG Carrier for Yamal
Russia >>  7/9/2014 - Teekay LNG Partners L.P, through a new 50/50 joint venture with China LNG Shipping Limited, has finalized shipbuilding contracts for six international...
Baku Higher Oil School Establishes Cooperation with Emerson
Azerbaijan >>  7/8/2014 - Joint educational program for future oil industry staff will allow meeting business demand for skilled specialists and current industrial requirements...



Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Turkmenistan Oil & Gas 1 >> 


More News

Oil & Gas Companies in Turkmenistan >>

Related Links

Countries Quick Links

AZ BD BN CN GE HK ID IN IR JP KG KH KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas E-Marketplace - Promote your Business - About Us
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us