Kalmneftegaz Will Start Oil Production at the Caspian Block in Kalmykia by the End of 2023
Kalmneftegaz received a license to develop oil and natural gas at the Caspian oil field in the Lagansky district of Kalmykia and will start production by the end of 2023. This was announced by the Minister of Natural Resources and Environmental Protection of Kalmykia Ochir Dzhambinov. Minister’s theses: – Kalmneftegaz …
Pre-Salt Oil Deposits to be Explored in Kalmykia
The Caspian field will also be restarted. The Caspian oil field in the Lagansky region of Kalmykia will be re-launched for oil production in the shortest possible time. IA “Devon” learned about this from the message of the Ministry of Natural Resources of the Republic. Specialists will also carry out …
Lukoil concludes contract for hydrocarbon exploration and development on Zhenis Block in Kazakhstan
PJSC LUKOIL (“LUKOIL”), the Ministry of Energy of the Republic of Kazakhstan and JSC NC KazMunayGas (“KazMunayGas”) have concluded a contract for the exploration and development of hydrocarbons on the Zhenis block in the Kazakh Sector of the Caspian Sea. Zhenis Operating LLP (a fifty-fifty joint venture between LUKOIL and …
LUKOIL Commissioned the Fifth Well at the Second Development Stage of the Vladimir Filanovsky Field in the Caspian Sea
LUKOIL commissioned the fifth well at the second development stage of the Vladimir Filanovsky field in the Caspian Sea. The length of the main wellbore of the new bilateral production well is 2,956 meters, while the lateral‘s is 1,735 meters. The well’s initial flow rate exceeded 3,300 tonnes of oil per …
Lamprell Delivers First of Two Caspian Sea Jackup Rigs
Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, is pleased to announce that it has successfully completed and delivered the first of two Caspian Sea jackup rigs to the client, marking another significant milestone for the …
Keppel O and M to Build Semi-Submersible Worth About US$800 million for Azerbaijan
Keppel Offshore & Marine Ltd (Keppel O&M) through its subsidiaries Caspian Rigbuilders BV (an affiliated company of Keppel FELS) and Caspian Shipyard Company (CSC), has secured a contract from Caspian Drilling Company Ltd, a subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR), to build a semisubmersible drilling rig, …
Socar, Total and GDF Suez: Absheron Discovery is Commercial
A ‘Notice of Discovery and its Commerciality’ for the Absheron discovery was submitted on June, 1 on behalf of the partnership Socar – Total – GDF Suez by operator Total E&P Absheron. This step is an important milestone in the frame work of the Agreement on Exploration, Development and Production …
Caspian Energy Inc: Caspian Spuds Follow-Up Well
Subsequent to previous development success, Caspian Energy Inc. (“Caspian”) and partners have initiated drilling of a fifth well, well #306, in the East Zhagabulak field of west-central Kazakhstan. The contract for production of hydrocarbons at the East Zhagabulak field in the Aktobe Oblast is valid for a 24 year period …
Azerbaijani Parliament Ratifies Shafag-Asiman PSA
The Parliament of the Republic of Azerbaijan ratified the new production sharing agreement (PSA) between BP and SOCAR on joint exploration and development of the Shafag-Asiman structure in the Azerbaijan sector of the Caspian Sea. Rashid Javanshir, BP’s Regional President, said: “We are particularly pleased that the PSA was ratified …
ROGTEC talks Caspian Development with David Robson, CEO of Tethys Petroleum Ltd
Dr. David Robson, B.Sc.,Ph.D, MBA, FGS Chairman, President and Chief Executive Officer Tethys Petroleum Limited Tethys Petroleum has become a significant player within the Kazakhstan, Uzbekistan and Tajikistan oil and gas sector. Could you provide our readers with a short update of your key achievements and activities in the market? …