Production News for Caspian/Central Asia


Results 18 articles shown

Turkey Warns Iraq Kurds It Can 'Close the Valves' on Oil Exports
Monday, September 25, 2017 Turkey can choose to 'close the valves' on oil exports from Iraq's Kurdish region through the Turkish port of Ceyhan, President Recep Tayyip Erdogan warned as Kurds voted.

Azerbaijan's SOCAR To Boost Its Share In New Deal With BP On Oil Fields
Friday, September 08, 2017 SOCAR is expected to increase its share in a new production sharing agreement with oil major BP for development of the country's biggest oilfields, two industry sources say.

BP To Sign Azerbaijan Oilfield Extension Deal At End Of June
Wednesday, May 31, 2017 BP expects to sign a contract at the end of June extending its production sharing deal for Azerbaijan's biggest oilfields until 2050.

Azeri Absheron Gas Field Could Start Production At End-2019
Tuesday, April 25, 2017 Natural gas production at Azerbaijan's Absheron field in the Caspian Sea could begin in late 2019 or early 2020.

Kazakhstan's Oil Output In Feb Exceeds Level Agreed With OPEC
Monday, March 13, 2017 Kazakhstan's oil production in February exceeded its agreed limit under an OPEC-led deal to cut output and support prices, official Kazakh data shows,

Azerbaijan Cuts Oil Output To 776,400 Bpd In Feb
Monday, March 06, 2017 Azerbaijan cut oil production to 776,400 barrels per day in February, sticking to its pledge to reduce output as part of a global deal.

Turkey 'Must' Raise Domestic Energy Production To Above 50% This Year
Wednesday, February 22, 2017 Turkey must increase its energy production from domestic sources to above 50% this year and above two thirds within a decade, Energy Minister Berat Albayrak says.

Azerbaijan Cuts Oil Output To 789,000 Bpd In January
Wednesday, January 25, 2017 Azerbaijan reduces its oil production as part of a deal between OPEC and non-OPEC oil producers.

SOCAR, AIOC Agree to Develop ACG Field
Friday, December 23, 2016 SOCAR and AIOC sign a letter of intent for the future development of the Azeri-Chirag-Gunashli (ACG) field, in the Azerbaijan sector of the Caspian Sea.

BP Says Aims To Slow Oil Output Decline In Azerbaijan
Thursday, December 15, 2016 BP will do everything possible to slow a natural decline in crude output at its oil fields in Azerbaijan, BP Regional President for Azerbaijan Gordon Birrell said on Thursday.

Kazakhstan Says May Offer To Freeze Its Output At Vienna Talks
Friday, December 09, 2016 Kazakhstan may offer to freeze its oil output at last month's level at the talks between OPEC and non-OPEC producers in Vienna, Kazakh Energy Minister Kanat Bozumbayev said on Friday.

Azerbaijan Energy Minister: No Plan To Increase Oil Output In 2017
Thursday, December 01, 2016 Azerbaijan has no intention of increasing crude oil output in 2017, Energy Minister Natig Aliyev said on Thursday.

Azerbaijan Signals OPEC Wants Big Cuts From Non-OPEC Producers
Thursday, November 24, 2016 OPEC may ask oil producers outside the cartel to make big cuts in output.

Lukoil Flows Oil from V. Filanovsky Field in Caspian Sea
Thursday, November 24, 2016 Lukoil flows oil from a third well at the offshore Vladimir Filanovsky field in the Caspian Sea.

Total, SOCAR Sign Absheron Development Agreement
Tuesday, November 22, 2016 Total and SOCAR sign an agreement establishing the contractual and commercial terms for a first phase of production from the Absheron gas and condensate field, located in the Caspian Sea.

Kazakhstan's Giant Kashagan Oil Field Begins Commercial Output
Monday, November 21, 2016 Kazakhstan's giant Kashagan oil field starts commercial output, a milestone for the repeatedly delayed $55 billion project.

BP Says Jan-Sept Oil Output At Azeri Projects Up To 644,000 Bpd
Friday, November 18, 2016 Oil output from BP-led oilfields in Azerbaijan rose in the first 3 quarters of 2016 to 644,000 barrels per day.

Kazakhstan's Kashagan Produces 201,000 Tons Of Oil In October
Monday, November 14, 2016 Kazakhstan's Kashagan oil field produced about 201,000 tons of oil in October, its first full month of operation, data from the Energy Ministry's analytical center showed.