SOCAR will launch production of chemicals and oil and gas equipment in Kashkadarya

The Azerbaijani state oil company SOCAR intends to launch the production of chemical reagents and oil and gas equipment in the Kashkadarya region, reports Spot with reference to the press service of Uzbekneftegaz.

For the purpose of import substitution, it is planned to establish the production of chemicals and drilling fluids in Uzbekistan. Also considered is the development of equipment for well workovers and the provision of services for warehousing and distribution of components for drilling and cementing fluids used in field development and well drilling.

Expert groups of Uzbekneftegaz and the “Neftgaz” Research and Design Institute of SOCAR in Baku discussed the development of a preliminary business plan for the project. Moreover, the Uzbekneftegaz working group got acquainted with the activities of testing laboratories that received an international certificate for drilling and cementing fluids.

“Neftgaz” Research and Design Institute plans to build a testing laboratory in Uzbekistan to study drilling and cementing fluids.

Based on the results of the negotiations, members of the joint working group agreed on the next stages of the project.