International Forum on Attracting Foreign Investments to the Economy of Turkmenistan - TEIF 2025 starts in Kuala Lumpur
Today, the International Forum on Attracting Foreign Investments into the Economy of Turkmenistan (TEIF 2025) starts its work in the capital of Malaysia, Kuala Lumpur. The forum was organized by the State Concerns "Turkmengas", "Turkmennebit" and the Chamber of Commerce and Industry of Turkmenistan in partnership with the ES "Turkmen Energy Forum".
The main goal of the forum is to expand opportunities for attracting foreign direct investment in all aspects of the energy, transport and communications, construction and financial sectors of the economy of Turkmenistan, as well as to strengthen the regional dialogue on further sustainable development of the energy sector.
Two pre-forum sessions were held in the first half of the day. The first one, titled “The Future of Hydrocarbon Production with Artificial Intelligence (AI): Unlocking the Potential of Oil and Gas Reservoirs,” focused on innovative technologies and the prospects for using AI in the oil and gas industry.
Participants discussed how modern technologies can contribute to more efficient development of the country’s rich hydrocarbon resources. In recent years, artificial intelligence has become a transformative force in all industries, from healthcare and finance to software development. The oil and gas industry is no exception, as it is on the verge of a technological revolution.
The session featured speakers from PETRONAS Upstream Senior Manager for Production Technologies, Digital Solutions and Innovations Wan Zul-atfi Mat Nawi, Ad Terra Asia Managing Director Ikram Rahim, Director of the Natural Gas Research Institute of State Concern "Turkmengas" Bayrammyrat Pirniyazov, Chief Geophysicist of State Corporation "Turkmengeology" Serdar Nuryagdyev and others.
This roundtable, organized in collaboration with the SPE Kuala Lumpur Chapter, focuses on how AI, through automation and predictive analytics, is changing the energy landscape. In the near future, the implementation of AI technologies is expected to open up new opportunities to improve efficiency, reduce operating costs and unlock the vast potential of unconventional fields.
A parallel second session was held on the topic of “Prospects for the Development of Economic and Investment Potential of Turkmenistan and Malaysia: Focus on Education, Tourism and Entrepreneurship”. Its participants considered issues of bilateral cooperation and new opportunities for investors in various sectors of the economies of both countries, going beyond traditional energy cooperation.
The official opening ceremony of the forum and the plenary session are scheduled for the afternoon. Participation of high-level representatives of the governments of Turkmenistan and Malaysia, heads of major international companies and financial institutions is expected.
A total of 470 delegates from 42 countries will take part in the Turkmenistan International Investment Forum TEIF 2025.
Turkmenistan expands geological exploration drilling in search of low-sulfur gas
The State corporation «Türkmengeologiýa» is carrying out large-scale geological exploration and production drilling at several oil and gas fields across various regions of the country, with particular focus on the search for low-sulfur natural gas. The work is being carried out under the Program for the Development of Turkmenistan's Oil and Gas Industry through 2030, which envisages a substantial increase in oil and natural gas production.
Preparations for the International Conference and Exhibition “Oil and Gas of Turkmenistan – OGT 2026” continue
Active preparations for the 31st International Conference and Exhibition “Oil and Gas of Turkmenistan – OGT 2026” to be held in Ashgabat on October 21-23 under the theme “Energy. Partnership. Progress” are currently underway.
Regular competitions in fire-applied sports held in Gokdere
On August 7, the Chynar Children's Health Center, located in the picturesque resort area of Gokdere, hosted regular competitions in fire-applied sports. The contest featured 14 teams of young firefighters formed from teenagers vacationing in this scenic region.
Seven-month results: development of Turkmenistan’s oil and gas complex
On August 2, a reporting meeting devoted to the seven-month results of the year “Independent Neutral Turkmenistan – the Homeland of Purposeful Winged Horses” was held at the Central Building of the Oil and Gas Complex of Turkmenistan.
Turkmen School Students to Compete in International "iWISE" Forum in London
Ten school students from Turkmenistan will participate in the creative competition of the International World Innovative Student Exhibition (iWISE) platform from August 2 to 7. The event will take place at the University of Surrey in London, United Kingdom.
