Regional News: Caspian/Central Asia

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Reach Energy Secures SCM's Approval to Buy Stake in Kazakh O&G Firm
Friday, August 26, 2016 Reach Energy secures Securities Commission Malaysia's (SCM) approval for its acquisition of a stake in Palaeontol B.V., which owns an onshore oil and gas block in Kazakhstan.

Kazakh KazMunayGaz Says Plans No New Offer For KMG EP
Thursday, August 25, 2016 KazMunayGaz has no immediate plans to make a new offer to the minority shareholders of its London-listed upstream unit.

BP Says H1 Oil Output At Azeri Projects Up To 16M Tons
Monday, August 22, 2016 Oil output from BP-led oilfields in Azerbaijan in the first half of 2016 rose year-on-year to 655,000 barrels per day from 641,000 bpd in the same period last year.

Wood Group Secures Tengiz Services Contract
Tuesday, August 16, 2016 Wood Group will provide main automation contractor (MAC) services to Tengizchevroil (TCO) for the Future Growth Project-Wellhead Pressure Management Project at the Tengiz field in Kazakhstan.

Kazakh KMG EP H1 Profit Soars On Weak Tenge
Thursday, August 11, 2016 The net profit of Kazakh oil producer KazMunaiGas Exploration and Production (KMG EP) rises to 17.2 billion tenge ($50 million) from 2.9 billion tenge in the same period of 2015.

S.Korea's KNOC In Talks With Kazakhstan To Drop Oil Field Project
Friday, August 05, 2016 State-owned Korea National Oil Corp. (KNOC) is in talks with the Kazakhstan government to pull out of an oil field project due to disappointing exploration results, a KNOC spokesman says.