9 June 2020, Rosgeologiya, the state exploration holding of Russia, and Uzbekgeofizika JSC, authorised by the State Committee of the Republic of Uzbekistan for Geology and Mineral resources, signed a contract for the provision of geological services to refine the geological model, to evaluate petroleum prospectivity and the hydrocarbon potential offshore the Aral Sea and the adjacent onshore based on the analysis and synthesis of vintage geological and geophysical data, geochemical data and basin modelling.  The agreement was signed pursuant to the Agreement on Co-operation in the Sphere of Subsoil Use for the Efficient Use of Mineral Resources for the Development of Economic Potential of Regions in the Republic of Uzbekistan signed by Rosgeologiya and the State Committee of Uzbekistan for Geology and Mineral Resources on 27 February 2020.  The Cabinet of Ministers of the Republic of Uzbekistan's resolution dated 23 April 2020 designates Rosgeologiya as the executor of the Programme for the Geological Evaluation of the Aral sea and adjacent territories' potential for hydrocarbons.  Rosgeologiya has established Rosgeo Uzbekistan, a subsidiary company, in order to implement the above Programme and to develop other areas of co-operation.  Background Information  In October 2018, Uzbekneftegaz national holding company (UNG) and Rosgeologiya signed an agreement on co-operation in the field of petroleum exploration and the development of scientific and technical partnership. The document provided for Rosgeologiyaâs participation in exploration in Uzbekistan and joint work in the neighbouring countries, including the territory of the Russian Federation.  The parties agreed to exchange geological information and data of mutual interest in the field of development of new techniques of hydrocarbon exploration deposits. They also agreed to work on a joint exploration programme, exchanging experience in the field of geophysical acquisition and drilling.
Rosgeologiya (leader) and Uzbekgeofizika have signed a deal under which geological services will be available to refine the geological models, evaluate petroleum prospectivity and hydrocarbon potential in the Aral Sea and adjacent onshore using vintage G&G, geochemical data + basin modelling.