Russia Oil Gas Magazine

Tenaris: Launches Premium Threading Facility in Aktau

Tenaris introduced today to customers its new premium threading facility in Aktau, Kazakhstan. The new plant will support Tenaris’s long-term agreement with Karachaganak Petroleum Operating (KPO), plus key operator Tengizchevroil (TCO) and will enhance the service offer to other customers operating in major Kazakhstan fields with commercial, technical, field service and supply chain …

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Russia Upstream Magazine

Kazakhstan: A Market of Possibilities for Russian Oilfield Service Companies

In August, 2016 the Ministry of Energy of Kazakhstan shared its plans for abandonment of 126 offshore Caspian wells before 2019. And this is just the tip of the issue. The majority of the countries land wells are out-of-date and their rate of decline is accelerating. In Kazakhstan, it is …

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Conference and Exhibition News and Updates

PSA: Kenzhebek Ibrashev Joins Board of the SPE Caspian Technical Conference and Exhibition (CTCE)

PSA, which oversees the production sharing agreement for the North Caspian and Karachaganak oil and gas projects in Kazakhstan, will be supporting this year’s SPE Caspian Technical Conference and Exhibition (CTCE), taking place in Astana from 1-3 November. PSA has agreed to be a supporting partner for the event, alongside …

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Eurasia Journal News

Beyond Oil and Gas: Kazakhstan Bets its Future on Reform

Recent events in Ukraine and Russia’s anti-Western rhetoric and military posture force European energy consumers to look for alternatives for Russian hydrocarbons. One of the possible suppliers of both oil and gas could be Kazakhstan, which boasts the largest hydrocarbon resources in the oil-rich Caspian basin. Kazakhstan is among the …

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Russia Oil Gas Magazine

Tenaris: KPO Experiences the Benefits of Dopeless Technology

Karachaganak Petroleum Operating (KPO) conducted a field trial in the gas condensate Karachaganak field, located in the West Kazakhstan region, to evaluate the performance of Dopeless® technology. The oil and gas company jointly operated by BG Group and ENI witnessed first-hand how TenarisHydril Blue® Dopeless® connections improved operational efficiency, reduced …

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Russia Upstream Magazine

Kazakhstan Oil & Gas. 2014 Results and 2015 Industry Development Outlook

Introduction Among the FSU (former Soviet Union) countries, Kazakhstan has the second largest liquid hydrocarbon fields after Russia. According to the Republic of Kazakhstan State Commission for Mineral Reserves, the recoverable oil reserves in the country are estimated at 4.1 billion tonnes (30 billion barrels) including onshore fields (more than …

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Eurasia Journal News

KazRosGas and KPO Sign Karachaganak Gas Supply Agreement

Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Renato Maroli, Director General of Karachaganak Petroleum Operating (KPO) signed an agreement between KazRosGas and KPO in Astana. The document extends till 2038 the long-term sales and purchase contract for nearly 9 billion cubic meters of gas annually from the …

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Eurasia Journal News

EIA: Kazakhstan Report

Kazakhstan, an oil producer since 1911, has the second-largest oil reserves as well as the second-largest oil production among the former Soviet republics after Russia. Kazakhstan is a major oil producer. The country’s estimated total petroleum and other liquids production was 1.70 million barrels per day (bbl/d) in 2014. The …

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Eurasia Journal News

ENI: CEO, Claudio Descalzi, Meets With The Prime Minister of Kazakhstan, Karim Massimov

The Prime Minister of Kazakhstan, Karim Massimov, and the Minister of Energy, Vladimir Shkolnik, met Eni’s CEO Claudio Descalzi today in Astana. In 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 …

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Uncategorized

Tenaris Awarded Karachaganak Contract and to Open Premium Threading Facility

Tenaris has entered into a long-term agreement with KPO (Karachaganak Petroleum Operating B.V.) for the supply of OCTG, TenarisHydril premium connections and field services for the oil and gas company’s developments in the Karachaganak field, which occupies more than 280 square kilometers of northwest Kazakhstan and has reserves of more than 2.4 billion …

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