Petronas will begin geological exploration work in December

Malaysia’s Petronas Corporation will begin geological exploration work at Turkmenistan’s gas fields in the Caspian Sea in December this year.

During the official visit of the Prime Minister of Malaysia to Turkmenistan in June this year, the Turkmennebit State Concern, the Hazarnebit State Enterprise and Petronas Carigali Sdn. Bhd, a subsidiary of Petronas, signed a Production Sharing Agreement for the development of offshore blocks 19 and 20 in the Turkmen sector of the Caspian Sea.