SOCAR and BP to conduct geological exploration in Aral Sea

SOCAR, BP Exploration (Caspian Sea) and Uzbekneftgaz have today signed a contract on geological exploration at investment blocks in the Aral Sea, Report informs referring to Podrobno.uz.

The document envisages geological exploration in the Uzbek part of the Aral Sea, Samsk-Kosbulak and Baiterek investment blocks in Ustyurd region.

The exploration will be held in stages in line with the schedule agreed  between the parties.

Uzbekneftegaz, BP and SOCAR signed two memorandums in May 2018 aimed at joint geological exploration in investment blocks of Uzbekistan, as well as the development of fields.