US Lifts Sanctions Restrictions on Kazakhstan’s Oil and Gas Projects
The US Treasury Department has issued an indefinite license to provide oil services to the Caspian Pipeline Consortium (CPC) and Tengizchevroil, lifting previously imposed restrictions under sanctions against Russia. According to the published document, all transactions related to these projects are now permitted. Previously, there was a temporary permit that …
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 …
TCO Completes Turnaround Ahead Of Schedule Despite Pandemic
Tengizchevroil LLP (TCO) is pleased to announce that despite the challenges posed by COVID-19, the company has completed its maintenance turnaround at its oil facility in Tengiz, four days ahead of schedule, and production has safely resumed. The turnaround activities, which are aimed at maintaining the reliability and safety of …
Halliburton: Operator Saves Rig Time With Remotely Operated Barrier Valve In HP/HT Environment
First eRED® valve utilized in Caspian East Region replaces ball-drop method to set liner hanger TengizChevroil LLP (TCO) approached Halliburton for a solution to set a liner hanger within the lower completion, without the risks associated with pumping a ball to seat through a ~5,249-foot-long (~1600-meter-long) horizontal section of a …
SPE’s 8th Annual Caspian Technical Conference Returns to Baku
The Society of Petroleum Engineers (SPE) will hold the 8th edition of the Caspian Technical Conference (CTC) across 5-7 October 2021. Returning to Baku, Azerbaijan, this year’s theme covers: ‘Adapting to New Realities – Maximising Efficiencies and Productivity’. The oil and gas industry has experienced highs and lows in recent times …
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 …
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 …
Chevron Announces $20 Billion Capital and Exploratory Budget for 2020
Chevron Corporation today announced a 2020 organic capital and exploratory spending program of $20 billion. The 2020 budget supports a robust portfolio of upstream and downstream investments, highlighted by Chevron’s world-class Permian Basin position, the company’s major capital project at TCO in Kazakhstan, and an advantaged queue of deepwater opportunities …
TCO and KPO Plan Maintenance at Tengiz and Karachaganak Oilfields for Aug-Oct 2018
Tengizchevroil (TCO) and Karachaganak Petroleum Operating (KPO) plan to carry out maintenance at their Tengiz and Karachaganak oilfields in Kazakhstan in summer and autumn, respectively, , Kazakhstan’s Energy ministry said on Monday. Oil production at TCO’s Tengiz is expected to fall by around 500,000 tonnes in August and by 380,000 …