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PETRONAS – Gold sponsor of the XXV International Conference Oil and Gas of Turkmenistan
Economy
PETRONAS – Gold sponsor of the XXV International Conference Oil and Gas of Turkmenistan
Published 18.10.2020
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The XXV International Conference Oil and Gas of Turkmenistan (OGT) will be held on 28-29 October 2020 in Ashgabat, Turkmenistan. Organised by State Concerns Turkmengas and Turkmennebit in partnership with Turkmen Forum and supported byGaffney Cline, OGT 2020aims to bring together leading international experts and global players in the gas market to exchange knowledge and expertise while developing and strengthening international partnerships among Turkmen state organisations and international oil and gas companies. Representatives from international organisations and institutions, heads and experts of leading companies in the gas sector such as Hyundai Engineering, Shell, Gaffney Cline, NAPECO, Vitol, CNPC and Dragon Oil will take part in OGT 2020. Among key topics scheduled for the panel sessions include “Trends in the Petrochemical Sector”, “Investment opportunities in the offshore blocks in the Caspian Sea”, “The Turkmenistan-Afghanistan-Pakistan-India(TAPI) gas pipeline project” and “Investment opportunities in the oil and gas sectors”. This year, we are proud to announce that PETRONAS Carigali (Turkmenistan) Sdn Bhd (PC(T)SB), an Upstream unit of Petroliam Nasional Berhad (PETRONAS) is the gold sponsor of OGT 2020. PETRONAS is a global energy and solutions company, ranked amongst the largest corporations on Fortune Global 500®. Wholly owned by the Government of Malaysia, the Company is vested with ownership of Malaysia’s oil and gas resources and is entrusted with the responsibility of developing and adding value to these resources. The company seeks opportunities in energy investments both in hydrocarbon and renewables across the globe and maximise value through its integrated business model. Sustainability is at the core of everything that it does, as the Company believes in harnessing the good in energy to add quality to everyday lives. As a progressive energy and solutions partner enriching lives for a sustainable future, PETRONAS’ stronger commitment towards a lower carbon future is an essential part of its sustainability agenda to deliver long-term positive impact wherever it operates. PC(T)SB began its operations in the hydrocarbon sector more than two decades ago upon signing of the Production Sharing Contract for the Block 1 Contract Area. With the start of commercial crude oil production in 2009 from Diyarbekir field and natural gas production in 2011 from Magtymguly field, PC(T)SB has established itself as one of the largest oil and gas producer and supplier of natural gas in Turkmenistan. In line with PETRONAS’ commitment to contribute to the communities where it operates, PC(T)SB places great importance on education, talent development and capability building. Through the PETRONAS Education Sponsorship Programme, to-date, the company has sponsored 162 students from Turkmenistan. Local staff at PC(T)SB are sent to Malaysia to undergo intensive technical and practical training to upgrade their management and technical skills under a long-term manpower development plan to equip them as future leaders and technical professionals. Currently, 648 staff employed at PC(T)SB are host country nationals. In addition, a Memorandum of Understanding (MoU) was signed in 2013 between Turkmenistan’s International Oil and Gas University and Universiti Teknologi PETRONAS (UTP), a leading private university in Malaysia and wholly-owned by PETRONAS. This MoU is aimed to establish an exchange of experience in educational and research activities in the oil and gas sector.

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