LUKOIL: Gas Production at its Uzbekistan Projects Reaches One Hundred Billion Cubic Metres
The cumulative natural gas production reached 100 bcm at the projects implemented by LUKOIL in Uzbekistan since 2004. This mark became a notable achievement on the eve of LUKOIL’s 30th anniversary. The bulk of this gas (over 70%) was extracted at the Kandym-Khauzak-Shady fields in the Bukhara region. In 2008, …
Uzbekistan Says Three Upstream Gas Deals Close to Signing
Uzbekistan plans to sign at least three deals with large foreign energy companies this year and five more next year as it aims to boost its natural gas output, chief executive of state energy firm Uzbekneftegaz said on Friday. The list of potential partners in exploration and development agreements includes …
New Oil and Gas Field Discovered in Uzbekistan
A new oil and gas condensate field – Bohoriston has been discovered in Uzbekistan. This was reported on the official website of Epsilon, which conducts work on the Mubarek investment block. The exploratory well drilling at the field began on June 2, 2019. And just a few months later, the …
Gazprom, Uzbekneftegaz to Invest $700 million in Gas Production in Uzbekistan
Natural Gas-Stream JV, established by Uzbekneftegaz and Gas Project Development Central Asia, is investing more than $700 million in gas production in northwest of Uzbekistan. The corresponding decree was signed by the Cabinet of Ministers on June 17. The project envisages geological exploration at Sechankul, Oqjar and Chimboy investment blocks, …
Halliburton Ready to Cooperate in Oil and Gas Sector
Alisher Sultanov, Deputy Prime Minister of the Republic of Uzbekistan, Chairman of the Board of Uzbekneftegaz JSC, held meeting 6 August 2018 with Joe Rainey, President of Eastern Hemisphere at Halliburton Company. Halliburton is an American transnational corporation, one of the world’s largest companies providing services in the oil and …
LUKOIL Produces 30 Billion Cubic Meters of Natural Gas in Uzbekistan
LUKOIL has cumulatively produced 30 billion cubic meters (bcm) of natural gas at its projects in Uzbekistan. Most of this (about 85%) comes from the Khauzak-Shady field in the Bukhara Province. Commercial gas production at the Khauzak-Shady field started in November 2007. In 2011, the West Shady site was put …
LUKOIL Starts Production Tests At Facilities For Kandym Early Gas Project In Uzbekistan
LUKOIL has begun production tests of two Gas Treatment Plants (GTPs) at the Northern Shady Site and the Kuvachi-Alat Field in Uzbekistan’s Bukhara Region as part of the Kandym Early Gas Project, which is being implemented together with National Holding Company Uzbekneftegaz. The GTPs have a combined annual capacity of …
Tethys Petroleum: Completes Strategic Acquisition in Georgia and Exits Uzbekistan
Tethys Petroleum Limited, the oil and gas exploration and production company focused on Central Asia and the Caspian Region, is pleased to announce that it has received the appropriate Georgian governmental consent for the acquisition of a 56% interest in Blocks XIA, XIM and XIN (Project “Iberia”) in eastern Georgia. …
Tethys Petroleum: Chegara Presidential Decree Issued
Tethys Petroleum is pleased to announce that it has received final presidential approvals for the Production Enhancement Contract (“PEC”) for the Chegara Group of Oilfields in southern Uzbekistan. According to the Decree of the President of the Republic of Uzbekistan No. PP-2025 “On measures to enhance oil production from the …
Tethys Petroleum Signs Uzbek Exploration MOU
Tethys Petroleum Limited today announced it has signed a Memorandum of Understanding with the Uzbek State oil and gas company, National Holding Company “Uzbekneftegaz”. The objective of this MOU is to provide the framework for a Joint Study and the negotiation process for an Exploration Agreement relating to certain exploration …