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 …
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 …
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 …
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 …
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 …
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 …
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, …