Eni CEO, Turkmenistan President meet to discuss Caspian initiatives

Source: Eni

Today the President of Turkmenistan, Gurbanguly Berdimukhamedov, met with Eni CEO, Paolo Scaroni, in Awasar on the turkmen coast of the Caspian. During the meeting they discussed the existing cooperation between Turkmenistan and Eni and how to expand their already fruitful relationship through new initiatives. Turkmenistan plays a key role in the energy industry in the Caspian area and in the Central Asian region where it is the largest producer of gas. 

Eni began its activities in Turkmenistan in 2008 with the purchase of British company Burren Energy plc. The company's activities are focused in the western part of the country over an area of 200 square km, which are split into four development areas. In 2009, Eni's equity production averaged 12 kboe/d. Exploration and production activities are regulated by a Production Sharing Agreement.



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs