Middle East Economic Survey

VOL. LII

No 17

27-Apr-2009

CASPIAN

RWE Dea Secures Exploration Block Offshore Turkmenistan

Germanys RWE Dea has secured an exploration and production (E&P) license offshore Turkmenistan, Turkmen President Gurbanguly Berdymukhamedov told reporters in Ashgabat on 16 April. Today we signed an agreement with RWE Dea, he said. They will work on Block 23 of the Turkmen shelf of the Caspian Sea with the goal of developing its oil and gas resources. The agreement is valid...