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Regional News: Caspian/Central Asia

 
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China Rongsheng Updates on Drilling at Kyrgyzstan Oil Project
Wednesday, October 15, 2014 China Ronghseng Heavy Industries reports that drilling of five wells in the Kyrgyzstan oil project has been completed.

Statoil Exits Shah Deniz Gas Project With Stake Sale To Petronas
Monday, October 13, 2014 Statoil sells 15.5% stake in the Shah Deniz project in Azerbaijan to Petronas for $2.25 billion.

New Pipelines To Cost Kashagan Oil Project Up To $3.6B
Friday, October 10, 2014 Kashagan will have to spend another up to $3.6B to replace leaking oil and gas pipelines, which also could delay the restart of production, the Kazakh energy ministry said.

Kazakhstan Gives Go-Ahead To Chevron-Led Oil Expansion Despite Costs
Tuesday, October 07, 2014 Kazakhstan has backed an expansion project to boost output of Tengizchevroil despite higher than originally estimated costs, Kazakh Energy Minister Vladimir Shkolnik says.

Cyprus President Suspends Peace Talks
Tuesday, October 07, 2014 Cyprus' president suspends talks on reunifying the ethnically divided island in response to Turkish plans to search for oil and gas in waters.

Cyprus: Turkey Gas Search Could Hurt Peace Talks
Monday, October 06, 2014 Cyprus warns that plans by Turkey to search for oil and gas in waters where it has already licensed companies to drill could derail reunification talks on the ethnically split island.

Edgo Energy Signs PSA for Qarordon, Surkhsimo Blocks in Tajikistan
Wednesday, October 01, 2014 Edgo Energy signs production sharing agreements for Qarordon and Surkhsimo blocks in Tajikistan.

Stalled Kashagan Hampers Kazakhstan's Oil Output Growth
Wednesday, October 01, 2014 Kazakhstan expects its oil production to stay around 2013 levels until 2016, when it hopes to restart the giant Kashagan oilfield halted by an industrial accident, a senior Kazakh official says.

TransAtlantic Provides Update on Recent Well Results in Turkey
Tuesday, September 23, 2014 TransAtlantic Petroleum provides an update on recent well results at its upstream assets in Turkey.