Collaboration, Partnership, and Transformation. The Caspian Oil and Gas Industry Goes Through Major Change, as Region’s Technical Oil and Gas Conference Goes Online
The largest Caspian oil and gas event came to a close today after going online for the first time in its history. The Caspian oil and gas industry has demonstrated resilience to overcoming low oil prices, the COVID-19 crisis and technological challenges by transforming them into sustainable opportunities. The special …
RDCR & KDR Combine and Go Virtual in 2020!
Join us Online for a Combined RDCR & KDR on the 4th December 2020 Due to the current worldwide travel restrictions, the organising committee will combine RDCR and KDR in 2020 to host what will be the largest virtual gathering of Russian and Kazakh drilling and production experts yet seen …
Nur-Sultan Hosts SPEs’ Inaugural HSE Symposium with Opening Keynote Address by the Ministry of Ecology
The Society of Petroleum Engineers (SPE) brings you the first symposium on Caspian Health, Safety, Security, Environment and Social Responsibility taking place in Nur-sultan, Kazakhstan on 24–25 September. Hosted by JSC NC “KazMunayGas” (KMG), the leading oil and gas company in Kazakhstan, it will bring together local, regional and global …
Vitol Plans Liquefied Petroleum Gas Foray in Kazakhstan
Vitol, the world’s top oil trader, plans to access liquefied petroleum gas (LPG) from the giant Kashagan field in Kazakhstan and may finance the construction of a processing and export facility, industry and company sources told Reuters. LPG is mainly a by-product of oil development at the field and at …
Azerbaijan’s Contractors May Take Part in Kazakhstan’s Oil Projects
Oil contractors of Azerbaijan may take part in joint ventures on development of Kazakhstan’s Kashagan field, a source in the Energy Ministry of Kazakhstan. “The development of local (Kazakh) content in goods and services, used in several projects in Kashagan oil field is of particular importance, and the creation of …
NCOC: To Double Kashagan Production
Oil production on Kazakhstan’s Kashagan field will grow twofold to 370,000 barrels per day, the oilfield operator North Caspian Operating Company (NCOC) told TASS. “We expect to reach oil production of 180,000 barrels per day already in coming month. Production is planned to grow to 370,000 barrels daily by the …
Paradigm: NCOC Extends Agreement for Managed Services
Paradigm will support key IT structure and Technical Subsurface applications in NCOC centers in Kazakhstan. Paradigm® (www.pdgm.com) announced today that North Caspian Operating Company N.V. (NCOC) has extended its agreement with Paradigm for the provision of Technical Information Management (IM) and Computing Support and Consultancy in Kazakhstan. The new three-year …
Kashagan: Exports First Million Tonnes of Crude and Condensate
North Caspian Operating Company N.V., Operator of the first offshore oil and gas project in the Kazakhstan sector of the Caspian Sea, announced that as of 8 January it has safely produced and exported one million tonnes of crude oil and condensate from the Kashagan field. Production commenced in September …
CTCE Promises Top Speaker Line-Up And Strong Technical Programme
Top regional oil and gas industry executives and technical experts are confirmed to speak at SPE’s third Caspian Technical Conference and Exhibition (CTCE), to be held at the Independence Palace in Astana, Kazakhstan from 1-3 November. Under the theme ‘Challenges and Changes’, this year’s CTCE will include three Panel Sessions …
Kashagan Restart Slips to Optimistic Summer of 2016
Kazakhstan’s giant Kashagan oilfield may resume production in the first half of 2016 under an “optimistic scenario”, Kazakh Oil and Gas Minister Uzakbai Karabalin said on Wednesday, putting off his earlier estimate of the restart date. Production from the oil deposit in the Caspian Sea, one of the world’s biggest …