NCOC Appeals $737 mln Ecological Flaring Fine on Kashagan
A consortium developing Kazakhstan’s huge Kashagan oilfield said it had appealed a 134.2 billion tenge ($737 million) fine by a regional Kazakh authority for ecological damage at the site in the Caspian Sea reported Reuters. The fine adds to the woes of the multinational group, which has already spent about …
Kashagan Facing $737m USD Fine Over Post Leak Flaring
Kazakhstan is suing foreign oil majors developing its huge Kashagan oilfield in the Caspian Sea, a tactic similar to those that secured the government large stakes in two of the three multinational energy projects on its territory reported Reuters. * Government has already threatened to sue over delays * Tactic …
Kashagan Oil Group Awaits Test Results in Feb to Give Restart Date
A consortium developing Kazakhstan’s giant Kashagan oilfield, which was shut down in October due to pipeline leaks, said it expects by next month to have the results of steel tests and inspections needed to establish a date for output to resume. Kashagan, the world’s biggest oil find in decades and …
Kashagan: Production Halted as Second Leak Detected
Kazakhstan’s giant offshore Kashagan oilfield halted output after a gas leak was detected on Oct. 9, a consortium developing it said on Friday, the second stoppage there since its launch a month ago. The new accident at Kashagan, which is expected to sharply ramp up Kazakhstan’s oil output in the …
North Caspian Operating Company Introduces Sweet Gas into Offshore Facilities
The North Caspian Operating Company BV (NCOC) has announced the introduction of sweet gas into the offshore facilities on the artificial D Island and the lighting of the flare on July 14, a further major milestone in the startup of the Kashagan oil field, located 80 km southeast of Atyrau, …