TASHKENT, Uzbekistan, January 27. Uzbekneftegaz
and China’s XIBU discussed the deployment of modern drilling
capacities for Uzbekneftegaz's projects, Trend reports via the Uzbek company.


The discussions took place during a meeting between Chairman of
the Management Board of Uzbekneftegaz Abdugani Sanginov and XIBU
Deputy General Director Li Xicheng.


Particular attention was paid to optimizing timelines and
reducing the cost of drilling operations within the framework of a
long-term partnership. The sides also reviewed commercial proposals
related to well drilling.


Following the meeting, the parties expressed interest in further
developing cooperation aimed at expanding the drilling fleet,
improving technological efficiency, training qualified personnel,
and implementing mutually beneficial projects in the oil and gas
sector.


Meanwhile, it was earlier announced that the introduction of a
centralized organizational and digital management system in
Uzbekistan could reduce well-drilling timelines by up to 45% and
cut construction costs by as much as 35%, underscoring the
strategic importance of modern technologies in improving
operational efficiency.







Uzbekneftegaz aims to reverse declining gas production through
substantial investments in exploration, development, and
modernization projects. Key initiatives include a $2 billion
Ustyurt exploration collaboration with SOCAR, a $1.8 billion
expansion of the Shurtan Gas Chemical Complex, and a $3.6 billion
Oltin Yo'l GTL plant project designed to produce over 1.5 million
tonnes of high-quality fuels.


The Ustyurt Plateau project targets new reserves, while field
development in Sechankul, Akjar, and Chimbay focuses on increasing
natural gas output. Additionally, partnerships for advanced
technologies and the development of a Trans-Caspian energy corridor
are emphasized to enhance green energy and digitalization efforts.
These projects are set to improve output and ensure long-term
energy security amid international collaborations.


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