A possible oil spill at Kashagan could be compared to the Mexican Gulf disaster: Environment Minister
The oilfield lies some 4,200 meters below the shallow waters of the northern part of the Caspian Sea and is highly pressured (770 bar of initial pressure).
U.S. Ambassador to Kazakhstan commented on Karachaganak and Kashagan contracts
U.S. Ambassador to Kazakhstan Kenneth J. Fairfax gave his comments on Kashagan, Tengiz and Karachaganak.
France’s Total believes oil production at giant Kashagan oilfield will start late 2012 at 300 000 barrels a day
According to Kazakhstan geologists, geological reserves of Kashagan are estimated at 4.8 billion tons of oil.
Kabyldin told about plans for Karachaganak development by the end of 2011
Chairman of KazMunaiGas National Oil Company told about plans for Karachaganak field development at the press-conference of the 6th Eurasian Forum KAZENERGY.
FDI to slightly diminish in 2011 due to decreasing investments into Kashagan oilfield
At the same time, according to him, “foreign investments into the processing sector are growing”.
President Nazarbayev visits D island at Kashagan giant oilfield
The field was discovered in 2000 and was one of the larger discoveries in that decade, it is estimated that the Kashagan Field has commercial reserves from 10 billion barrels.
Kashagan operator fined $1.3 million for ecological violations
North Caspian Operating Company (NCOC) was fined 200 million tenge ($1.3 million) for ecological violations.
Indians planning to buy ExxonMobil's stake in Kashagan project
Oil & Natural Gas Corp and GAIL India Ltd. are planning to buy part of ExxonMobil's stake in the project developing Kashagan oil field.
Royal Dutch Shell to be able to get back to Kazakhstan: Minister of Oil and Gas Sauat Mynbayev
His comments followed the decision of the energy giant Royal Dutch Shell to close its offices in Kazakhstan on May 30, after laying off its staff.
KazMunaiGas may transfer its share in Kashagan to KazMunaiGas EP
KazMunaiGas national Oil Company does not rule out transferring its share in Kashagan to its subsidiary KazMunaiGas EP, KMG President Kairgeldy Kabyldin said in Almaty May 26.
Kazakhstan to see first oil from Kashagan in 2012
It was promised by Paolo Scaroni, Eni Chief Executive Officer and General Manager.
Proved Caspian reserves made 2.95 billion tons of oil
Proved hydrocarbon reserves of the Caspian Sea shelf make 3.1 trillion cubic meters of gas and 2.95 billion tons of oil.
Multinationals account for half of investments into Kazakh O&G sector
For the last decade investments into the O&G sector totaled $107 billion, with about 60% of the investments being injected into projects with global oil majors: Minister of Oil and Gas Sauat Mynbayev.