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Regional News: Caspian/Central Asia

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Tethys, PetroChina Ink MOU to Explore Kazakhstan's Oil, Gas Sales to China
Tuesday, March 03, 2015 Tethys Petroleum inks memorandum of understanding with PetroChina to explore ways of exporting crude oil and gas from Kazakhstan to China.

Huge Oilfields to Boost Kazakhstan's Crude Output from 2017
Wednesday, February 25, 2015 Kazakhstan's currently stagnant oil production is forecast to rise from 2017 after the Central Asian nation's huge Kashagan oilfield restarts output and the Tengiz project is expanded, a senior energy official says.

Jupiter Ready for Well Testing at East Akkar Field's Well 19 in Kazakhstan
Wednesday, February 25, 2015 Jupiter Energy prepares for well testing at Well 19 in the East Akkar field in Kazakhstan.

BP Says 2014 Oil Output At Azeri Projects Slightly Down, Gas Up
Thursday, February 19, 2015 Oil output from BP-led oilfields in Azerbaijan falls, driving a decline in the country's total oil production.

Roxi Sells Stake in Galaz Contract Area to China's Xinjiang Zhundong
Wednesday, February 11, 2015 Roxi Petroleum sells its stake in Galaz Contract Area in Kazakhstan to China's Xinjiang Zhundong for $20.72 million.

Max Petroleum in Last-Ditch Attempt to Stay Afloat
Monday, February 09, 2015 Max Petroleum says slump in crude oil prices would render its business insolvent unless it restructures its debt and secures a significant investment.

SOCAR Cape JV Bags $65M Services Contracts for Shah Deniz Project
Friday, February 06, 2015 The SOCAR Cape joint venture bags three services contracts, worth $65 million, for the Shah Deniz development project in Azerbaijan.

Saipem Scoops Up Contract for Kashagan
Friday, February 06, 2015 Saipem has been awarded a major new Engineering & Construction contract for the Kashagan field project.