BAKU, Azerbaijan, August 25. Uzbekistan’s
state-owned oil and gas company Uzbekneftegaz is considering the
purchase of five automated drilling rigs from Chinese equipment
manufacturer Honghua as part of efforts to modernize its drilling
fleet and improve the efficiency of well development.
This was reflected in the statement by the Uzbekneftgaz.
The issue was discussed during a meeting between Uzbekneftegaz
representatives and Honghua officials, according to the Uzbek
company.
The sides reviewed ways to increase drilling productivity,
expand the use of modern equipment and upgrade Uzbekneftegaz’s
existing drilling fleet.
Under the proposal, Uzbekneftegaz would acquire four ZJ70 rigs
and one ZJ90 rig, both designed for automated drilling operations.
The equipment is expected to support more efficient drilling
processes and help the company bring new wells into operation
within planned timeframes.
“The introduction of modern automated drilling equipment will
create additional opportunities to improve productivity, organize
drilling operations using advanced technologies and ensure the
timely commissioning of new wells,” Uzbekneftegaz said.
The proposed equipment upgrade comes as Uzbekistan seeks to
maintain and increase domestic gas production while addressing
natural declines at existing fields. Modernizing drilling
infrastructure could help the company improve operational
efficiency and accelerate the development of new production
capacity.
The meeting also focused on the commercial terms of the
potential purchase. The sides discussed ways to optimize equipment
supply costs, improve the economic efficiency of the partnership
and establish mutually beneficial terms for continued
cooperation.
If finalized, the purchase would further expand Uzbekneftegaz’s
cooperation with Chinese equipment manufacturers and contribute to
the modernization of Uzbekistan’s oil and gas production
infrastructure.
The two sides agreed to continue discussions on the equipment
supply and related commercial arrangements.
