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CIS region

Oil and gas industry news from the Caspian region

Lamprell constructs second Caspian Sea jack-up

Submitted by Paddy Harris on Tue, 2014-10-21 10:19
21st October 2014
Lamprell constructs second Caspian Sea jack-up

Lamprell has completed construction of the second Caspian Sea jack-up drilling rig, the Mercury

TAP tenders onshore pipeline construction contracts

Submitted by Paddy Harris on Wed, 2014-10-15 15:57
15th October 2014
TAP tenders onshore pipeline construction contracts

Trans Adriatic Pipeline AG (TAP) has issued the first major Invitation to Tender (ITT) for the construction of the onshore section of the pipeline

Penspen to prove viability of TAPI pipeline

Submitted by Paddy Harris on Wed, 2014-10-15 11:28
15th October 2014
Penspen to prove viability of TAPI pipeline

Penspen has been awarded a contract by the Asian Development Bank (ADB) to carry out a technical feasibility study for the proposed 1,820 kilometre, 56-inch diameter TAPI (Turkmenistan-Afghanistan-Pakistan-India) pipeline from Turkmenistan’s giant Galkynysh Gas Field, to serve energy markets in Afghanistan, Pakistan and India

Socar spuds Oil Rocks field Caspian Sea offshore well

Submitted by Paddy Harris on Tue, 2014-10-14 12:27
14th October 2014
Socar spuds Oil Rocks field Caspian Sea offshore well

Complex Drilling Works Trust (contracted by field operator and Azerbaijani state oil company, Socar) has started drilling works at the well 2151 from the platform 2150 in the Oil Rocks field of the Azerbaijani sector of the Caspian Sea

Statoil out and Petronas in with USD 2.25bn Shah Deniz deal

Submitted by Paddy Harris on Mon, 2014-10-13 09:29
13th October 2014
Statoil out and Petronas in with USD 2.25bn Shah Deniz deal

Statoil has sold its 15.5 per cent participating interest in the Shah Deniz production sharing agreement, 15.5 per cent share in the South Caucasus Pipeline Company (SCPC), 15.5 per cent share in the SCPC holding company, and 12.4 per cent share in the Azerbaijan Gas Supply Company (AGSC) to the Malaysian oil and gas company Petronas

Cub Energy resumes Ukraine drilling as security situation improves

Submitted by Paddy Harris on Fri, 2014-10-03 11:17
03rd October 2014
Cub Energy resumes Ukraine drilling as security situation improves

Cub Energy has announced that the security situation in and around the Makeevskoye, Olgovskoye and North Makeevskoye licences in eastern Ukraine has improved and it has resumed its drilling programme

Edgo bags two blocks in a gas rich region of Tajikistan

Submitted by Paddy Harris on Wed, 2014-10-01 16:42
01st October 2014
Edgo bags two blocks in a gas rich region of Tajikistan

Edgo Energy has announced that it has secured licences for the Qarordon and Surkhsimo (formerly called Karadum and Kyziltumshuq respectively) blocks in Tajikistan and has also signed a service agreement with Klarenco, a Moscow-based subsurface interpretation company

Enagás joins TAP pipeline team to bring BP’s Shah Deniz gas to Europe

Submitted by Paddy Harris on Tue, 2014-09-30 11:23
30th September 2014
Enagás joins TAP pipeline team to bring BP’s Shah Deniz gas to Europe

Trans Adriatic Pipeline AG (TAP) has announced that Enagás has joined the project as a new shareholder with a 16 per cent stake in the company, and that existing shareholder Fluxys has increased its stake in TAP from 16 per cent to 19 per cent

JKX gains licence for Ukrainian field upgrade and prepares to double output

Submitted by Paddy Harris on Mon, 2014-09-29 11:59
29th September 2014
JKX gains licence for Ukrainian field upgrade and prepares to double output

JKX Oil & Gas has announced that it has completed Phase 1 of the production facility upgrade in its Elizavetovskoye field and has been awarded a 20-year production licence for the field

BP awards ShawCor USD 200m ShahDeniz pipeline coatings contract

Submitted by Paddy Harris on Fri, 2014-09-26 17:28
26th September 2014
BP awards ShawCor USD 200m ShahDeniz pipeline coatings contract

ShawCor has announced that its Bredero Shaw pipe coating division has received contracts with a value of approximately USD 200m from BP Exploration (Shah Deniz) Limited for pipeline coating and other services in connection with the Shah Deniz Stage 2 development project

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