Regional News: Caspian/Central Asia

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Wood Group Secures 5-Year Services Deal With BP Offshore Azerbaijan
Thursday, April 28, 2016 Wood Group secures a new 5 year contract with BP-operated projects, valued at $500 million, to deliver engineering, procurement and construction management services to 8 facilities, offshore Azerbaijan.

KazMunaiGas EP Oil Output Flat In First Quarter
Wednesday, April 27, 2016 KazMunaiGas Exploration and Production produces 247,000 barrels of oil per day in 1Q 2016, almost unchanged on the year.

Kazakhstan's Kashagan Oil Project to be Launched in June 2017
Thursday, April 21, 2016 Kazakhstan's oil Kashagan project will likely be launched in June 2017, according to Wang Zhongcai, the first vice president of China National Petroleum Corp.

Kazakh Kazmunaygaz Says May Borrow to Fund Upstream Subsidiary Buyout
Thursday, April 21, 2016 Kazmunaygaz may raise new debt to finance the buyout of minority shareholders of its upstream subsidiary KMG EP in a deal worth about $1 billion, according to its managing director.

WorleyParsons Bags EPCM Contract for BP-Operated Assets in Caspian Region
Thursday, April 14, 2016 WorleyParsons secures a five year engineering, procurement and construction management contract for BP-operated assets in the Caspian region.

Roxi Petroleum Resumes Drilling at Deep Well A6
Monday, April 11, 2016 Roxi Petroleum plc expects to reach a "potentially oil bearing zone" in deep well A6 soon, after resuming drilling operations on the well.

Azeri 1Q Oil Output Declines to 10.496M Tons
Monday, April 11, 2016 Azerbaijan's oil output declines to 10.496 million tons in the first quarter from 10.669 million tons in the year-earlier period.

Lukoil: Kazakhstan Files $1.6B Claim Against BG-Eni Venture
Tuesday, April 05, 2016 Kazakhstan files a $1.6 billion claim against a group led by BG Group Plc and Eni SpA which is developing the Karachaganak gas condensate field.