Representatives of SLB presented proposals regarding the organization of work on the project "Development and maintenance of a medium- and long-term program to improve the efficiency of exploration and increase natural gas production under a long-term agreement" and the parties discussed the priority steps for its implementation.

This project provides for the creation of a joint working group consisting of specialists from both companies, which will be tasked with studying all available information on deposits and prospective areas of Uzbekneftegaz JSC, compiling and monitoring the implementation of geological and technical measures aimed at increasing natural gas production.

This meeting was organized within the framework of the "road map" on mutual understanding and the "road map" for the development of cooperation signed during the State visit of the President of the Republic of Uzbekistan to the United States in the period from September 3-6, 2023.

For reference: "SLB" is a technology company that helps its customers get access to energy resources. The company provides leading digital solutions and implementing innovative technologies to ensure the productivity and sustainability of the global energy sector. Has experience working in more than 120 countries around the world.

The company also operates in all oil-producing regions of the Commonwealth of Independent States, including Azerbaijan, Kazakhstan, Uzbekistan, Turkmenistan.

For more than 25 years of work in the Commonwealth of Independent States, the company has managed to become a comprehensive independent enterprise in the region in order to provide long-term support to its customers with high-quality and timely service.

Uzbekneftegaz JSC has been cooperating with SLB since 2019 and more than 5 major projects in the oil and gas industry have been successfully implemented through joint efforts. To date, fruitful cooperation continues on the formation, maintenance and adjustment of the production program of geological and technical activities of Uzbekneftegaz JSC for 2023-2024, as well as attraction of oilfield services in the field of well construction (drilling tools and drilling fluids) and intensification of hydrocarbon production (conducting propane hydraulic fracturing).