Regional News: Caspian/Central Asia

 
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IMF, World Bank Discussing Possible Aid to Oil Exporter Azerbaijan
Wednesday, January 27, 2016 The International Monetary Fund and World Bank are discussing possible financing assistance for Azerbaijan to help it cope with mounting currency pressures and other fallout from a steep drop in oil prices, the institutions confirmed on Wednesday.

Roxi Retains GCA to Evaluate BNG Asset
Wednesday, January 27, 2016 Roxi Petroleum plc retains Gaffney, Cline & Associates to evaluate the company's flagship BNG asset.

Roxi Granted BNG Acreage Extension
Thursday, January 21, 2016 The Kazakh regulatory authorities grant Roxi Petroleum a 54 square mile extension to the BNG contract area, for a price of $2 million.

Nostrum Poised to Survive 'Any Downturn'
Thursday, January 21, 2016 Nostrum has taken steps to ensure that it has a stable financial base during "any prolonged downturn", according to the company's CEO Kai-Uwe Kessel.

Eastern Mediterranean Gas: Challenges and Opportunities
Thursday, January 14, 2016 The Eastern Mediterranean region provides a rare bright spot for the sanctioning of gas projects, including fast-track developments.

Roxi Petroleum: Well 143 'Flowing Strongly'
Wednesday, January 13, 2016 Well 143, located within the BNG asset in Kazakhstan, is currently "flowing strongly" after encountering oil shows late last year, says Roxi Petroleum.

Datum360 Delivers BP Services Contract
Wednesday, January 13, 2016 Datum360 deploys software that will standardize engineering information for the Azeri-Chirag-Deepwater Guneshli (ACG) project, as part of a services contract secured from BP.