Regional News: Caspian/Central Asia

 
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Kashagan Oil Consortium Begins Test Pumping
Thursday, September 29, 2016 The consortium of oil majors developing the giant Kashagan oilfield in Kazakhstan has begun test pumping as the $50 billion project prepares for commercial production.

Fire At Azeri Oil Field Well Extinguished
Tuesday, September 27, 2016 A fire at Azerbaijan's Guneshli oil field was extinguished on Tuesday, the state energy company SOCAR said.

Condor Commences Commercial Oil Production from Shoba, Kazakhstan
Tuesday, September 27, 2016 Canada-based oil and gas company Condor Petroleum Inc. has commenced commercial oil production at its 100% owned Shoba oilfield in Kazakhstan.

PETRONAS, SOCAR Ink MOU on Goshadash Block in Caspian Sea
Monday, September 19, 2016 Malaysia's PETRONAS and SOCAR ink a memorandum of understanding to explore, develop and produce from the Goshadash Block in Azerbaijan's sector of the Caspian Sea.

Jupiter Energy Receives Approval to Extend Block 31 Exploration License
Monday, September 19, 2016 Jupiter Energy Limited receives approval from the Kazakhstan Ministry of Energy to extend its exploration license in the country's Block 31 to 29 December 2019.

  


Kazakhstan Drafts Economic Outlook Based On $35 Brent
Thursday, September 15, 2016 Kazakhstan's economy ministry has based its medium-term economic outlook on a Brent crude price of $35 per barrel.

Azerbaijan's SOCAR Assumes Oil Price Of $40 Per Barrel In 2017 Budget
Thursday, September 15, 2016 SOCAR assumes an oil price of $40 per barrel in its 2017 budget, the company's president, Rovnag Abdullayev, tells reporters.

Kazakhstan Says Awaiting Answers From Oil Firms In Karachaganak Dispute
Wednesday, September 14, 2016 Kazakhstan's government and energy companies developing the Karachaganak gas condensate field are still in talks about the Central Asian nation's financial claim against the consortium.

BP Azerbaijan Says Has Restarted Azeri Gyuneshli Oil Platform
Wednesday, September 14, 2016 British oil company BP resumes operations at its Gyuneshli oil platform in Azerbaijan on Sept. 12 after a planned shutdown for maintenance.

Azerbaijan's SOCAR To Issue $100M In Eurobonds For Azeri Citizens
Friday, September 09, 2016 Azeri state oil company SOCAR will issue $100 million worth of dollar-denominated Eurobonds for Azeri citizens on Sept. 20, the country's financial markets regulator says.

Kazakhstan To Launch Kashagan Oil Production In November
Friday, September 09, 2016 Commercial oil production at the giant Kashagan field in Kazakhstan will begin in November.

BP Says Expects Flat Oil Output In Azerbaijan In 2017
Wednesday, September 07, 2016 BP expects flat oil output in Azerbaijan in 2017 and will adhere to an oil output freeze, if the Azeri government takes such a decision, the company's regional manager says.

BP Progresses Development of Shah Deniz 2 Project
Friday, September 02, 2016 BP progresses development of the Shah Deniz 2 Project in the Caspian Sea offshore Azerbaijan, with the platform jacket to be installed soon.