Kazakhstan
News
November 24, 2016
Kazakhstan’s authorities are looking at whether the Karachaganak oil and gas venture, which includes Royal Dutch Shell and Eni, has unpaid taxes.
News
October 28, 2016
Brazil, the fastest-growing oil producer outside OPEC, will join talks with the exporters group in Vienna on Saturday about potential cooperation.
News
October 18, 2016
Condor Petroleum Inc. has announced that commercial oil production has commenced at Taskuduk field in Kazakhstan.
News
October 14, 2016
Kashagan, a vast oil field in the Caspian Sea, sent its first crude for export after about 16 years in development and more than $50 billion of investments.
News
September 26, 2016
Topaz Energy and Marine, a leading offshore support vessel company, has secured substantial contracts in connection with the development of the Tengiz oilfield in Kazakhstan during 2016. The two contract wins announced in the second and third quarter together represent revenue of more than $500 million. The two contracts bring Topaz’s backlog to approximately $1.6 billion.
News
September 26, 2016
Topaz Energy and Marine has been named as the technical manager of three vessels by a consortium comprising Blue Water Shipping and Kazmortransflot.
News
September 13, 2016
Kazakhstan’s giant Kashagan oil field has taken 16 years and more than $50 billion to bring to the verge of production. It could take another decade to reach its potential, with initial output at half the forecast level.
News
September 09, 2016
Condor Petroleum Inc. has announced that the Shoba Production Contract has been executed with the Government of Kazakhstan, which provides for commercial production at the company’s 100% owned Shoba oil field.
News
August 17, 2016
The crash in crude prices may have nudged Kazakhstan toward its biggest wave of privatization in history, but its wealth fund is now willing to bide its time for a recovery in oil to take hold.
News
July 05, 2016
Chevron Corp. will go ahead with the $36.8-billion expansion of the Tengiz oil project in Kazakhstan, one of the biggest new investments since crude’s slump two years ago.
News
July 01, 2016
Chevron Corp. may shortly give a green light to the most expensive oil project in the world this year as the industry digs out from the worst slump in a generation.
News
April 26, 2016
Casing and completion tools specialist Deep Casing Tools has expanded into the Kazakhstan market with its reaming and unique drillable turbine technology.
News
December 29, 2015
Tethys Petroleum Limited today announced it has been granted a two-year extension to the Kul-Bas exploration and production contract in Kazakhstan.
News
June 29, 2015
Eni and KazMunayGas have finalized an agreement that defines the commercial terms of the transfer to Eni of 50% of the subsoil use rights in the Isatay block located in the Kazakh Caspian Sea.
News
June 18, 2015
While Kazakhstan and Azerbaijan have added over 1 MMbpd to the world’s oil supply since 2005, the two countries are now diverging in their ability to grow production and influence global supply, according to an analyst with research and consulting firm GlobalData.
News
May 06, 2015
CGG and Air Control have signed an agreement to provide airborne geophysical survey services in Kazakhstan.
News
February 06, 2015
Saipem, through its subsidiary ERSAI Caspian Contractor, has been awarded a major new engineering & construction contract for the Kashagan field project, located in the Kazakh waters of the Caspian Sea, valued at approximately $1.8 billion.
News
January 23, 2015
Tethys Petroleum’s wholly owned subsidiary, TethysAralGaz, has received permission from Kazakhstan' s Ministry of Energy to extend the Kyzyloi Gas Production Contract for another 15 years, from June 14, 2014, to Dec. 31, 2029.
