Search results for: Kashagan

112 results

A list of search results

  • 1 October 2015
    Business & Finance

    Japanese oil and gas company Inpex has opened an office in the capital city of Republic of Kazakhstan, Astana. In an announcement on Thursday, Inpex said that the office in Astana would serve the company to promote developing giant Kashagan oil field in the Caspian Sea. Inpex acquired an interest in the Area in 1998 […]

  • 14 October 2016

    After years of delays and tens of billions U.S. dollars invested, Kashagan, a giant offshore oil field in the Caspian Sea, has shipped the first batch of oil. The field, located in the Kazakh sector of the Caspian Sea, discovered in 2000, has been reopened this month after the replacement of offshore pipelines. To remind, […]

  • 11 September 2013
    Business & Finance, Project & Tenders

      The North Caspian Operating Company (NCOC) on behalf of the North Caspian Sea PSA Consortium announced today the first well was opened and the initial volumes of oil are being produced from the Kashagan field in the North Caspian Sea. On the 30 June, RoK President Nursultan Nazarbayev visited the Kashagan project to celebrate […]

  • 8 June 2016
    Business & Finance

    Kazakhstan’s troubled oil field Kashagan is expected to start production in late 2016, the country’s energy minister Kanat Bozumbayev said. According to the info shared by the energy ministry earlier this week, Bozumbayev said Kashagan is expected to produce 35.000 tons in December. To remind, Kashagan,named after a 19th century Kazakh poet from Mangistau, had […]

  • 26 November 2012

    ConocoPhillips today announced that it has notified government authorities in Kazakhstan and its co-venturers of the company’s intent to sell its 8.4 percent interest in the North Caspian Sea Production Sharing Agreement (Kashagan) to India’s ONGC Videsh Limited. Subject to various government approvals, Kazakhstan state preemption rights and co-venturers’ preemption rights, ONGC Videsh Limited, the […]

  • 3 October 2012

    Kazakhstan’s President Nursultan Nazarbayev and Eni CEO Paolo Scaroni met yesterday in Astana for the VII Kazernergy Eurasian Forum. During the meeting, which was cordial and constructive, Eni’s CEO shared the developments and results of the company’s ongoing activities in the country with the President, affirming Eni’s positive vision of the primary importance projects that […]

  • 3 October 2012
    Business & Finance

    Kazakhstan’s President Nursultan Nazarbayev and Eni CEO Paolo Scaroni met yesterday in Astana for the VII Kazernergy Eurasian Forum. During the meeting, which was cordial and constructive, Eni’s CEO shared the developments and results of the company’s ongoing activities in the country with the President, affirming Eni’s positive vision of the primary importance projects that […]

  • 22 December 2014

    Eni’s CEO met with Kazakhstan’s delegation in Astana to discuss the development of projects in the country.

  • 22 December 2014

    The Prime Minister of Kazakhstan, Karim Massimov, and the Minister of Energy, Vladimir Shkolnik, met Eni’s CEO Claudio Descalzi today in Astana, Kazakhstan. According to Eni, during the meeting Claudio Descalzi illustrated the positive progress of Eni’s activities in Kazakhstan, with a particular focus on the projects for the Kashagan and Karachaganak fields, and Eni’s […]

  • 16 March 2018

    Japan Oil, Gas and Metals National Corporation (JOGMEC) will provide equity financing to Inpex for the Kashagan oil field development in the North Caspian Sea, offshore Kazakhstan

  • 1 July 2013

    The North Caspian Operating Company (NCOC) announced yesterday an important milestone in the development of the Kashagan field. On the occasion of RoK President Nursultan Nazarbayev and British Prime Minister David Cameron visiting the Kashagan project facilities, the NCSPSA Consortium celebrated the completion of the facilities required for initial production, marking the commencement of the […]

  • 7 April 2014

    Production from the huge Kashagan oil field in the Caspian Sea, offshore Kazakhstan may not resume this year. Following the start of production from the Kashagan field on 11 September 2013, the operations had to be stopped on 24 September, due to a gas leak in the onshore section of the gas pipeline running from D […]

  • 2 July 2013
    Business & Finance

    ConocoPhillips today confirmed receiving official notification that the Kazakhstan Ministry of Oil and Gas is exercising its right under the Subsoil Law of Kazakhstan to pre-empt ConocoPhillips’ proposed sale of its 8.4 percent interest in the North Caspian Sea Production Sharing Agreement (Kashagan) to ONGC Videsh Limited. As part of such notice, the Ministry of […]

  • 13 April 2007

    An unincorporated Aker Kvaerner/ERSAI consortium have started early work activities for Agip KCO for the hook-up and commissioning of the first phase of the Kashagan field development in the Kazakhstan sector of the Caspian Sea. These activities lasts for three months are and are worth up to USD 157 million. In addition, Agip KCO and […]

  • 19 September 2011

    Kazakh President Nursultan Nazarbayev said the first oil at the Eni SpA-led Kashagan offshore oil deposit will be produced on time, followed… By Nariman Gizitdinov (Bloomberg) [mappress] Source:Bloomberg ,September 19, 2011;

  • 17 June 2015
    Project & Tenders

    Giant Kashagan oil field in the Caspian Sea offshore Kazakhstan should resume production by 2017. First oil from the giant development started flowing in September 2013, however it was stopped after detection of an offshore gas leak. After several studies into the causes of the leak The North Caspian Operating Company decided to fully replace […]

  • 11 April 2014
    Project & Tenders

    Ice in the northern section of the Caspian sea, offshore Kazakhstan, is preventing inspection of offshore pipelines at the giant Kashagan oil field. Total’s head of exploration and production, Arnaud Breuillac said that the ice is melting, and after it melts, the consortium will hopefully be able to identify the extent of the problem and […]

  • 31 October 2013
    Business & Finance

    ConocoPhillips today announced it has completed the transaction with KazMunayGas (KMG) for the sale of its 8.4 percent interest in the North Caspian Sea Production Sharing Agreement (Kashagan) for approximately $5.4 billion. In July 2013, ConocoPhillips announced it had received notification from the Kazakhstan Ministry of Oil and Gas (MOG) that it was exercising the […]

  • 4 September 2017
    Business & Finance

    SML Corporation, now known as Synertec Corporation, has secured two contracts in the Caspian Sea from the North Caspian Operating Company N.V. Kazakhstan (NCOC). SML Corporation is a holding company for a mineral resource exploration group in eastern Victoria, Australia. As of August 8, 2017, the company was acquired by Synertec Corp Ltd, a multi-disciplined […]

  • 27 November 2012

    ConocoPhillips announced that it has notified government authorities in Kazakhstan and its co-venturers of the company’s intent to sell its 8.4 percent interest in the North Caspian Sea Production Sharing Agreement (Kashagan) to ONGC Videsh Limited. Subject to various government approvals, Kazakhstan state preemption rights and co-venturers’ preemption rights, ONGC Videsh Limited, the international arm […]

  • 7 October 2013

    Kashagan, a giant offshore oil field in Caspian Sea, located off the coast of Kazakhstan, has resumed production. The production was restarted yesterday after it had been halted due to a gas leak which occurred on September 25. Reuters has quoted the field’s developer, the North Caspian Operating Company, which said that “all operations were conducted […]

  • 30 September 2015
    Business & Finance

    KazMunaiGas, the state-owned oil and gas company of Kazakhstan, is reportedly selling half of its stake in the Kashagan oil field, in the Caspian Sea, to the sovereign wealth fund Samruk-Kazyna for $4.7 billion.  KazMunaiGas has 16.81 percent stake in the offshore field and other partners in the project include ExxonMobil, Shell, Total, Eni, CNPC and INPEX. […]