11 November 2019, Ozlitineftgaz (a Uzbekneftegaz research institute) and Schlumberger Oilfield Eastern Limited have signed a Confidentiality Agreement and a Memorandum of Understanding (MoU). The documents aim at technological cooperation in the field of exploration, development and production optimisation at new and existing fields in Uzbekistan, as well as the co-ordination of projects in line with applicable law.  Under the MoU, the parties may, by mutual consent, engage production capacities and process resources, labour and financial resources, own developments, technology and know-how for bilateral projects.  In addition, following the talks, the parties agreed on the development of scientific and technological cooperation in the areas of field geology and geophysics, field development, processing and transportation of oil, gas condensate and gas, underground gas storage, technological services for oil and gas companies in Uzbekistan.
Uzbekistan, not found