Production At Kashagan In 2023 Reached A Record Level – About 18.8 Million Tons
JSC NC KazMunayGas announced a meeting between the Chairman of the Board of the company, Magzum Mirzagaliev, and the Executive Vice President of the Oil and Gas Exploration and Production division of Shell, Peter Costello. At the meeting, a number of current issues were discussed in the main areas of …
The Ministry of Ecology of Kazakhstan Has Denied Information About An Agreement With The Operator of The Kashagan Field on An Environmental Dispute
The Minister of Ecology and Natural Resources of Kazakhstan E. Nysanbaev denied information about an agreement with the operator of the Kashagan oil and gas field (OGF) North Caspian Operating Company (NCOC) on an environmental dispute. On January 16, 2024, Bloomberg, citing sources, reported that NCOC shareholders were close to …
NCOC Reduced Daily Oil Production by 38%
Another large Kazakh company has limited oil production due to the Caspian Pipeline Consortium (CPC) suspending oil shipments at the port of Novorossiysk due to worsening weather conditions. This was reported by the Kazinform agency with reference to JSC “Situational and Analytical Center of the Fuel and Energy Complex of …
Kazakhstan is Aimed at a Peaceful Resolution of the Dispute with the Operator of Kashagan over Environmental Violations
Kazakhstan is determined to resolve the environmental dispute with the operator of Kashagan (NCOC) peacefully, said Kazakh Prime Minister Alikhan Smailov. “As for the environmental dispute. Due to the presence of a fairly large volume of sulfur in this field, we are ready for any scenario, but we need to …
Production Potential of Kashagan Can Reach 75 Million Tons of Oil per Year – Prime Minister of the Republic of Kazakhstan
Prime Minister of Kazakhstan Alikhan Smailov spoke at a solemn event in honor of the 30th anniversary of the start of the development of the Kazakh shelf of the Caspian Sea with the participation of veterans of the oil and gas industry of the republic, Kazinform reports with reference to …
The Caspian’s Leading Technical Event for E&P Professionals is Approaching
The SPE Annual Caspian Technical Conference will return in-person for its 9th edition across 15-17 November at the Hilton Astana, Kazakhstan. Hosted by national oil company KMG and supported by leading global oil & gas players including TCO, ExxonMobil, Schlumberger, Shell, Degolyer and McNaughton, and Halliburton, the SPE Caspian Technical …
NCOC: Makes Decision to Increase Salaries of Contractors and Sub-Contractors
NCOC, the Operator of the North Caspian project (NCP), advises on its decision to initiate pay review of the national employees of NCOC contractors and sub-contractors engaged in NCOC operations. It should be noted that the wages of employees of contractors and sub-contractors are set by the management of such …
Kashagan Reaches 500 Mln Barrels of Oil
North Caspian Operating Company N.V. (NCOC), the Operator of the North Caspian project, announces that it has reached another significant production milestone – 500 million barrels of oil since the start of the Kashagan oil production 5 years ago. This achievement demonstrates stable growth and development of NCOC, which continues …
LUKOIL Signs a Long-Term Agreement with the Largest Kazakhstan Operator of Marine Fields
LUKOIL Lubricants Central Asia LLP, a manufacturer of LUKOIL lubricants, signed a contract for the supply of lubricants to the North Caspian Operating Company NV (NCOC), an operator of the largest offshore oil and gas fields in Kazakhstan. LUKOIL won the company’s tender, becoming a supplier of lubricants for equipment …
RDCR & KDR 2020 – 6 Weeks Left!
Join us Online for a Combined RDCR & KDR on the 4th December 2020 With only 6 weeks left until the largest virtual gathering of Russian and Kazakh drilling and production specialists – check your agenda and make sure you have REGISTERED! In every crisis, there is opportunity. For one …