Kazakhstan News

 

Lukoil, KMG Pen Deal on Kazakh Caspian Sea Block

Oct 08, 2020

Russian oil company Lukoil has signed an agreement with the Kazakh oil firm KazMunayGas over the future obligations of the two companies on the Al-Farabi Project in the Kazakh Sector of the Caspian Sea.Al-Farabi license block is located in the Kazakh Sector of the Caspian Sea, 100 - 130 kilometers away from the shore with the water depth of 150-500 meters. The license block covers over six thousand square kilometers…

Kazakhstan Launches Probe After Black Smoke Spotted Over Kashagan Field

Sep 14, 2020

Kazakhstan's environmental authorities will inspect an oil and gas processing plant at the country's biggest oilfield, Kashagan, after gas flaring at the plant caused plumes of black smoke on Monday, the ecology ministry said.NCOC, the consortium of global energy majors developing Kashagan…

Petrofac Nets $135M Contract with Kazakhstan's NCOC

Jul 09, 2020

UK-based engineering and construction services firm Petrofac has won secured an Engineering, Procurement, Construction, Pre-commissioning and Commissioning (EPCC) contract in Kazakhstan.The contract is  worth about US$135 million for new water…

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