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The Turkmen State oil and gas institute was established on May 25, 2012 on the basis of the Decree of the President of Turkmenistan. On February 12, 2021, in accordance with the Decree of the Mejlis of Turkmenistan, the International oil and gas university was named after Yagshygeldi Kakayev, in connection with which it was renamed the Yagshygeldi Kakayev International oil and gas university (IOGU). IOGU trains high-level specialists, bachelors and masters for ministries and administrative departments of the Oil and gas industry.