The consortium developing Kazakhstan’s giant offshore oil field Kashagan have selected German and Japanese companies for contracts worth $3bn to completely replace a 200km leaking pipeline network that forced production to a halt in October...
It is planned to deliver the new pipes on the Kashagan field till the end of the first quarter of 2015, said the Deputy Minister of Energy of Kazakhstan Uzakbay Karabalin. “The pipes will be delivered ultimately,” Uzakbay Karabalin told...
Effective from 29th October 2014, following the legal ownership shares transfer, the name of Agip KCO N.V. will be changed to NCOC N.V.. The next steps will include a legal merger between the current Operator – NCOC B.V. and NCPOC B.V., with...
Tragic death of the CEO of French oil giant Total Christophe de Margerie will not affect the development of Kashagan field in Kazakhstan, Kazakhstan’s First Deputy Minister of Energy Uzakbai Karabalin states. The French oil company is one of...
Work on the pipelines replacement at Kashagan oil field in Kazakh sector of the Caspian Sea will start in winter, Kazinform reported. Head of Kazakhstan’s Atyrau region Baktikozha Izmuhambetov announced these plans at a briefing in the office of...
In an interview on CNBC news, Erlan Sagadiev, Kazakhstan’s deputy minister for industry and new technologies, says the Kashagan oil field is an important part of the country’s economy despite delays to the project. More in the video of...
The new Minister of Energy Vladimir Shkolnik , the Chairman of the Management Board of State Oil Company KazMunaiGaz Sauat Mynbayev and Eni’s CEO Claudio Descalzi met on October 10 in Astana, ENI wrote in a news release. During the meetings, they...