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 >>

Baku Shipyard Wins $378m Vessel Contract from Shah Deniz
Azerbaijan >>  4/23/2014 - Baku Shipyard LLC has secured a contract worth US$378 million from BP Exploration (Shah Deniz) Ltd, the operator of the Shah Deniz gas field developme...
China Oil Trade in April 2014
China >>  4/23/2014 - China’s crude oil imports declined in February by 622 tb/d or 9% from the previous month, when they reached a peak high. The country’s crude imports a...

Russia Economy in April 2014
Russia >>  4/17/2014 - Russia’s GDP growth in 4Q13 advanced by 2% y-o-y following 1.3% growth in the previous three months. The weaker rouble helped compensate for sluggish ...
CB&I Awarded CATOFIN Technology by Shandong Chengtai
China >>  4/15/2014 - CB&I has been awarded a contract by Shandong Chengtai Chemical Industry Co., Ltd. for the license and engineering design of a grassroots iso-butane de...

CB&I Awarded Contract for the South Caucasus Pipeline Expansion Project
Azerbaijan >>  4/14/2014 - CB&I has been awarded a contract valued in excess of $85 million by a consortium led by BP for engineering and project management services for the dev...
FMC Awarded $322m Contract for BP's Shah Deniz Stage 2 Project
Azerbaijan >>  4/14/2014 - FMC Technologies, Inc has received an order from BP to supply subsea systems for its Shah Deniz Stage 2 project in the Caspian Sea. The order has an e...



Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Land & Leasing  Oil & Gas Companies  Production  Service Companies  Utility Systems  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