We Have Just Started to Develop the Caspian
- The Ministry of Energy and Mineral Resources was established in December, 2000 due to reorganization of the Ministry of Energy, Industry and Trade. In compliance with the President’s Decree, the knew-formed ministry has been entrusted with the state management functions in the fields of mineral resources use, geology and subsoil protection. details >>
AGIP KCO: Successful Development of the Caspian Project
Agip KCO (Agip Kazakhstan North Caspian Operating Company N.V.), the Eni fully owned Operating Company of the Kazakhstan North Caspian Sea Production Sharing Agreement (PSA), is continuing to use its best resources and technologies to fulfill the terms and conditions of the PSA with the aim of achieving a successful and timely development of the Caspian hydrocarbon resources, while respecting the environment, complying with safety standards and promoting the professional growth of the local personnel and industry. details >>
Satybai Duzbaev: We Do Not Have Competitors Offshore
The year 2000 was very successful especially as compared to previous years. As you know Kazakhstancaspishelf was created to conduct surveys in the North Caspian. Ope-rations were conducted in 1994-1996, and upon completion of the main project KCS was left prac-tically out of work and had no ope-rational tasks to fulfil. details >>
Rehabilitation Experience of Uzen Oil Field
Oil fields of Emba region are the oldest in Kazakhstan. More than two thirds of them are the oil fields of late and final stage of development. These oil fields are under development for more than 50 years. The President of KazakhOil-Emba JSC, Makhambet Demeshevich Batyrbaev tells about methods used for increasing of efficiency on the late stage of oil fields development. details >>
Increasing of efficiency in late stage of development
The main industrial hydrocarbon reserves of Emba region connected to Cretaceous horizons; they form 46% of all discovered oil reserves. Presently, KazakhOil-Emba JSC has in its disposal 39 oil and oil-gas fields; 33 of them are under development. details >>
Pricaspiyburneft–Kazakhstan
Pricaspiyburneft–Kazakhstan JSC was es-tablished as an integrated service company aimed to provide services in oil business on the territory of CIS. At the moment, the company focuses its main activity on the RK territory. details >>
Almatypromstroi: We Are Optimistic About the Future
With the rapid development of oil and gas projects the industry’s infrastructure has started growing as well. This gave a boost to local construction companies as well. Large construction projects have emerged. As is known, an active construction in all places is a sign of economic upturn. Almatypromstroi is the biggest Kazakhstani construction company. We asked the company’s General Director Murat Bektemisov to tell about the company’s activities. details >>
Panalpina: We Can Deliver Any Load
Kerry Karvas, the managing director of Kazakhstan & Kyrgyzstan subsidiary of Panalpina World Transport LLP, answers the questions of O&G. details >>
CPC is at Last Accomplished
In few years the Tengiz-Novorossiysk pipeline is going to be a main artery for Kazakhstan’s hydrocarbon transportation for international markets details >>
CPC Bank of Quality
In August 3, 2001 the shareholders of the Caspian pipeline consortium approved the Agreement on oil transportation between CPC and consignors including the clause on the Bank of quality. details >>
Tengizchevroil: Reserves will be Revised
Tengizchevroil JV has planned to raise this year oil production up to 12 million tons. Within 4 nearest years an annual oil output should reach 17 million tons. details >>
Ferry Complex Is Accomplished at Aktau Port
The opening of Aktau-Baku ferry-bridge line will allow to extend Kazakhstani transit possibilities in the frameworks of Northern TRASECA Route and intensify use of the existing republican transport infrastructure. details >>
Iranian Variant: Pros and Cons
The Kazakh oil supplies to Iran and its further export to the world markets will be economically ad-vantageous for oil producing companies, an-nounced Timur Kulibaev, the president of national company Transport of Oil and Gas. details >>
ShNOS Shares are Excluded from the Security’s List
In August, 19 the Kazakh stock exchange management decided to exclude ShNOS shares possessed by Hurricane from the official list of the A rated securities with the aim to prevent collapse of exchange index. details >>
NEWS
Kazakhoil Handovers a TCO State Share to the State .... details >>
TECHNOLOGY
From Prospecting till Object: CREDO Software Complex
SIA Credo-Dialog elaborates, distributes and implements CREDO complex products with aim to process prospected materials, industrial, civil and transportation construction objects, to explore, produce and transport oil and gas, as well as to equip the deposits, project, construct and exploit oil and gas communications and solve many other engineering issues. details >>
INSURANCE IN OIL & GAS INDUSTRY
Over the recent years, insurance issues are becoming increasingly important in oil & gas sector. of Kazakhstan. There may be a few major reasons for intensifying hydrocarbon industry’s moves towards more reliable, sound and comprehensive insurance practices and risk management in general. At first, a crucial factor has been a long-expected creation of coherent legal and institutional framework for effective regulatory supervision within correspondent set of activities. details >>
LEGAL PROBLEMS WITH ENVIRONMENTAL EXPERT EXAMINATION
This Article analyzes the norms of Kazakhstan environmental legislation, which are difficult to comply with, in the area of state environmental examination and environmental impact assessment details >>
Iraq Can Undermine the Caspian Plans
Iraq has become an oil bomb for oil producing countries. Experts believe that in the event of a mass launching of Iraq’s oil on the world market it would become unprofitable to produce it from the Caspian. details >>
