Russian Oil, Gas Equipment Manufacturer May Create JV in Turkmenistan
Neft-Servis manufactures drilling and workover equipment, telemetry, and electronics for the oil and gas industry.
The Russian company Neft-Servis, producing oil and gas equipment, expressed interest in creating a joint venture in Turkmenistan to localize its production, TASS news agency reported on Tuesday with reference to the company Director Sergey Shumakov.
"We are interested in the supply of our products to Turkmenistan, and there is interest from the Turkmen side. I think we will move in this direction,” Shumakov said, adding, “We are ready to localization here, i.e. to create a joint venture. This will create jobs and allow us to increase the sales volume in the market."
Neft-Servis has been manufacturing and supplying drilling and workover equipment, telemetry, and electronics for the oil and gas industry for more than 20 years.
The Governor of the Chelyabinsk oblast Alexei Teksler discussed cooperation prospects at a meeting with President of Turkmenistan Serdar Berdimuhamedov on Monday.
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