SC Turkmenneft (Turkmenistan)

State Concern Turkmenneft is one of the largest oil and gas enterprises. It has a leading position in the Turkmen economy. It is engaged in oil and gas production, chemical products, drinking and industrial water and bentonite. The concern also deals with drilling operations and research activities to increase production. The concern includes eight oil and gas production departments, four control drilling departments, the trust dealing with overhaul of the wells, five transport companies, the union for the chemical production and a scientific research institute. There is also a repair plant and various enterprises dealing with oil and gas wells, gas collection and transportation, major oil pipelines, geophysical work, as well as a vocational school and six services. The concern cooperates with various foreign companies to drill oil and gas wells, and to conduct the overhaul required to modernise oil and gas fields equipment and oil pipelines and to construct new pipelines. Turkmenistan plans to increase oil production to over 20 million tons by 2020, or twice more than the current indices.