Uzbekistan: Ambassador at signing of investment agreement

AlSayyida Wafa Jabr Nasser Albusaidi, Ambassador of the Sultanate of Oman to the Republic of Uzbekistan, attended the signing ceremony of an agreement between Omani Golden Integration Oil and Gas Company and Uzbek Specialised Oil and Gas Company.

The project, initially valued at USD 20 million, aims to maintain oil wells and boost production through horizontal drilling technology. Its value is expected to rise to USD 100 million in the near future, highlighting the promising opportunities for energy sector cooperation between Oman and Uzbekistan.