State Concerns “Turkmennebit” and “Turkmengas” have signed three contracts and two memorandums of understanding with foreign companies. The signing ceremony took place on 22 October during the International Conference and Exhibition “Oil and Gas of Turkmenistan” (OGT 2026), Turkmenportal reports.

“Turkmennebit” signed a memorandum of cooperation with the China National Offshore Oil Corporation (CNOOC). The document provides for cooperation on blocks in Turkmenistan’s sector of the Caspian Sea. It was signed by Guvanch Agajanov, Chairman of “Turkmennebit”, and Zhang Chuanzhang, Chairman of CNOOC.

“Turkmennebit” signed a second memorandum with the Malaysian Petroleum Resources Corporation. The agreement covers cooperation in the oil and gas services and equipment sector in Turkmenistan. The corporation was represented by its President and Chief Executive Officer, Mohd Yazid Jaafar.

“Turkmennebit” also signed two contracts for the purchase of pipes. One was concluded with China’s TENERGY TIANJIN CO., LTD. The document was signed on behalf of the company by its Central Asia representative, Samiullah Gulam Sahi. The second contract was signed with Kazakhstan’s KSP Steel, represented by Sales Director Baurzhan Kozhabekov.

“Turkmengas” signed a contract for the purchase of pipes with Uzbekistan’s Galperin Tashkent Pipe Plant LLC. The document was signed by Maksat Babaev, State Minister of Turkmenistan and Chairman of “Turkmengas”, and Viktoria Susepina, Director of the company.