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Regional News: Caspian/Central Asia

 
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Azeri Shipyard, BP Sign $378M Contract On Vessel Construction
Wednesday, April 23, 2014 SOCAR's shipyard and BP sign a $378 million deal to design and build a subsea construction vessel for the Shah Deniz II gas project

Total Says No Oil Output Expected from Kashagan This Year
Tuesday, April 22, 2014 Total says no oil production was to be expected from the troubled Kashagan project in Kazakhstan this year and it was not likely to yield much next year either.

Kazakhstan Disappointed Over Kashagan Setback, But Signals Breather
Thursday, April 17, 2014 Kazakhstan's oil and gas minister says he was disappointed over the slow development of the giant Kashagan oilfield, but sees no legal reasons to put pressure on the consortium.

Lukoil Sells Interest in Kazakhstan Projects to Sinopec
Tuesday, April 15, 2014 Russia's Lukoil sells stakes in four Kazakhstani hydrocarbon production projects to China's Sinopec.

BP-Led Consortium Awards $750M Contract For Shah Deniz Gas Project
Thursday, April 10, 2014 A consortium led by BP awards a construction and supply contract to help to develop the Shah Deniz II gas field in Azerbaijan, a project that offers Europe a chance to cut reliance on Russian gas.

Kashagan May Fail to Restart this Year if Offshore Pipes Damaged
Monday, April 07, 2014 Output at Kazakhstan's Kashagan oilfield may fail to restart this year if test results show cracks in the offshore part of its pipeline network.

Frontera Begins Gas Production at Mstare Khevi, Georgia
Friday, April 04, 2014 Frontera starts up production from the Mtsare Khevi gas complex in the Republic of Georgia.

Max Petroleum Finds Oil, Gas with SAGW-7 Well
Wednesday, April 02, 2014 SAGW-7 appraisal well on the Sagiz West field in Kazakhstan finds oil and gas in four reservoirs.

Kashagan Group Says No Oil Restart Date Yet, Probe Results Delayed
Thursday, March 27, 2014 A consortium developing Kazakhstan's $50B Kashagan oilfield said the result of a probe into a toxic gas leak was now expected in the 2Q, extending the closure of one of the world's biggest oil finds.