Turkmenistan’s state concerns Turkmennebit and Turkmengaz have signed three contracts and two memoranda of understanding with foreign companies during the international conference “Oil and Gas of Turkmenistan” (OGT 2026).

Turkmennebit signed a memorandum of understanding (MoU) with China National Offshore Oil Corporation (CNOOC) on cooperation involving blocks in the Turkmen sector of the Caspian Sea. It also signed an MoU with Malaysia Petroleum Resources Corporation (MPRC) covering oil and gas services and equipment in Turkmenistan, The Caspian Post reports, citing Turkmen media.

In addition, Turkmennebit signed two contracts for the procurement of various types of pipes: one with China’s Tenergy Tianjin Co., Ltd. and another with Kazakhstan’s KSP Steel.

Turkmengaz signed a separate contract with Uzbekistan’s Galperin Tashkent Pipe Plant LLC for the procurement of various types of pipes.