Regional News: Caspian/Central Asia

 
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AGR Energy Takes Controlling Stake in Tethys Petroleum
Wednesday, July 01, 2015 Central Asia-focused Tethys Petroleum raises a much-needed $48 million via a share placing with Kazakhstan's AGR Energy.

ENOC Presses Ahead with Dragon Oil Takeover amid Shareholder Protest
Wednesday, July 01, 2015 Emirates National Oil Company progresses with its purchase of Dragon Oil shares it does not already own, despite a major investors saying the takeover undervalues the company.

Eni, KazMunayGas Enter Deal to Explore Isatay Block in Caspian Sea
Monday, June 29, 2015 Eni and KazMunayGas enter into an agreement to jointly explore the Isatay block in the north Caspian Sea, Kazakhstan.

Roxi Secures License Extension for Kazakhstan's BNG Contract Area
Thursday, June 25, 2015 Roxi Petroleum announces that its license for the BNG Contract Area, located in the west of Kazakhstan, has been renewed for 3 years, ending on June 7, 2018.

Azeri Shah Deniz Gas Project Awards Subsea Contracts
Monday, June 22, 2015 Norway's FMC Kongsberg Subsea AS and Britain's OneSubsea (UK) Ltd have won contracts for subsea infrastructure, totalling $363 million, for Azerbaijan's Shah Deniz gas field.

  


Azeri Shah Deniz Gas Project Awards Subsea Contracts
Monday, June 22, 2015 FMC Kongsberg Subsea AS and OneSubsea (UK) have won contracts for subsea infrastructure totaling $363 million for Azerbaijan's Shah Deniz gas field.

Roxi Receives Almost Half Payment Due for its Galaz Asset in Kazakhstan
Friday, June 19, 2015 Roxi Petroleum receives $10.4 million of the $23 million it is due for the sale of its Galaz asset in Kazakhstan.

Huarong Energy Completes M656 Well Production Test in Kyrgyzstan Project
Wednesday, June 17, 2015 China Huarong Energy successfully completed production test of oil well M656 in the Kyrgyzstan Project.

Dragon Oil Agrees to ENOC's Increased 750 Pence per Offer
Monday, June 15, 2015 Dragon Oil agrees to an increased takeover offer by Emirates National Oil Company.

BP Says Has Completed Planned Maintenance at West Azeri Platform
Friday, June 12, 2015 BP completes planned maintenance at its West Azeri platform in the Caspian Sea.

Tethys: Kazakhstan Production Sees Record Increase
Thursday, June 11, 2015 Tethys Petroleum's production output from Kazakhstan averages 5,408 barrels of oil equivalent per day, which is the highest rate since June 2013.

Kazakhstan's Kashagan Aiming for 370,000 Bpd by End-2017
Tuesday, June 09, 2015 The Kashagan oilfield aims to achieve first-phase output of up to 370,000 barrels of oil per day by the end of 2017, the project's managing director says in an interview, offering hope to Kazakhstan's stagnant oil industry.

Caspian Conference: Azeri Oil, Gas Production Target Raised for 2015
Thursday, June 04, 2015 Azerbaijan raises its oil and gas production targets for 2015 thanks to a strong performance by BP-operated fields in the country.

Caspian Conference: TANAP Key to Delivering Energy Security to Europe
Wednesday, June 03, 2015 Rigzone hears energy officials from Azerbaijan and Turkey discuss the energy security significance of the Trans-Anatolian Pipeline at a conference in Baku.

BP to Suspend Operations at Caspian Sea Platform for Maintenance
Wednesday, June 03, 2015 BP will suspend operations at Chirag, one of its platforms in the Caspian Sea, for planned maintenance in two months.