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CIS region

Oil and gas industry news from the Caspian region

CampactGTL to build Kazakhstan GTL plant for Sinopec, Lukoil and KazMunaiGas joint venture

Submitted by Editorial staff on 13th March 2015
13th March 2015
CompactGTL has signed an agreement with KazakhOil Aktobe for the supply of gas for its first commercial gas-to-liquids (GTL) plant in Kazakhstan

CompactGTL has signed an agreement with KazakhOil Aktobe for the supply of gas for its first commercial gas-to-liquids (GTL) plant in Kazakhstan

Tethys and PetroChina ink Kazakhstan-China oil and gas supply agreement

Submitted by Paddy Harris on 2nd March 2015
02nd March 2015
Tethys Petroleum has signed a Memorandum of Understanding (MOU) with PetroChina International Kazakhstan (PetroChina)

Tethys Petroleum has signed a Memorandum of Understanding (MOU) with PetroChina International Kazakhstan (PetroChina)

Gazprom sets out long-term supply strategy

Submitted by Editorial staff on 25th February 2015
25th February 2015
The Gazprom board of directors has approved the company’s strategy aimed at diversifying its export routes and increasing the Russian gas competitiveness

The Gazprom board of directors has approved the company’s strategy aimed at diversifying its export routes and increasing the Russian gas competitiveness

JKX charges Ukraine USD 180m in treaty violation row

Submitted by Paddy Harris on 16th February 2015
16th February 2015
JKX Oil & Gas and its wholly owned Ukrainian and Dutch subsidiaries have commenced arbitration proceedings against Ukraine under the Energy Charter Treaty, the bilateral investment treaty between the United Kingdom and Ukraine and the bilateral investment treaty between the Netherlands and Ukraine

JKX Oil & Gas and its wholly owned Ukrainian and Dutch subsidiaries have commenced arbitration proceedings against Ukraine under the Energy Charter Treaty, the bilateral investment treaty between the United Kingdom and Ukraine and the bilateral investment treaty between the Netherlands and Ukraine

Lukoil and Hyundai Engineering clinch gas plant contract in Uzbekistan

Submitted by Paddy Harris on 13th February 2015
13th February 2015
Lukoil and a consortium headed by Hyundai Engineering (South Korea) has signed a contract for procurement and construction of the Kandym Gas Processing Plant in Uzbekistan

Lukoil and a consortium headed by Hyundai Engineering (South Korea) has signed a contract for procurement and construction of the Kandym Gas Processing Plant in Uzbekistan

Saipem wins USD 1.8bn Kashagan offshore pipeline contract off Kazakhstan

Submitted by Paddy Harris on 6th February 2015
06th February 2015
Saipem, through its subsidiary ERSAI Caspian Contractor LLC, has been awarded a major new engineering and construction contract for the Kashagan field project, located in the Kazakh waters of the Caspian Sea, valued at approximately USD 1.8bn

Saipem, through its subsidiary ERSAI Caspian Contractor LLC, has been awarded a major new engineering and construction contract for the Kashagan field project, located in the Kazakh waters of the Caspian Sea, valued at approximately USD 1.8bn

JKX shares rise on talk of Proxima Capital Group takeover

Submitted by Paddy Harris on 5th February 2015
05th February 2015
Shares of JKX Oil & Gas have risen 57 per cent after midday today following the announcement that it is in talks with Proxima Capital Group

Shares of JKX Oil & Gas have risen 57 per cent after midday today following the announcement that it is in talks with Proxima Capital Group

Socar Cape JV nets Shah Deniz contracts offshore Azerbaijan

Submitted by Paddy Harris on 5th February 2015
05th February 2015
The Socar Cape joint venture has been awarded three significant contracts in Azerbaijan

The Socar Cape joint venture has been awarded three significant contracts in Azerbaijan

Xinjiang Zhundong given more time for Galaz acquisition onshore Kazkhstan

Submitted by Paddy Harris on 2nd February 2015
02nd February 2015
A consortium led by Xinjiang Zhundong Petroleum Technology has been given more time to prepare its bid for the Galaz Contract area in Kazakhstan, according to Roxi Petroleum

A consortium led by Xinjiang Zhundong Petroleum Technology has been given more time to prepare its bid for the Galaz Contract area in Kazakhstan, according to Roxi Petroleum

Tethys receives 15-year Kyzyloi contract area extension onshore Kazakhstan

Submitted by Paddy Harris on 23rd January 2015
23rd January 2015
Tethys Petroleum Limited has announced that its wholly-owned Kazakh subsidiary, TethysAralGaz LLP (TAG), has received permission from the Ministry of Energy of the Republic of Kazakhstan to extend the Kyzyloi Gas Production Contract for another 15 years, from June 14, 2014 to December 31, 2029

Tethys Petroleum Limited has announced that its wholly-owned Kazakh subsidiary, TethysAralGaz LLP (TAG), has received permission from the Ministry of Energy of the Republic of Kazakhstan to extend the Kyzyloi Gas Production Contract for another 15 years, from June 14, 2014 to December 31, 2029

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