You are here

Home - Oil & Gas News - CIS region

CIS region

Oil and gas industry news from the Caspian region

Penspen to prove viability of TAPI pipeline

Submitted by Paddy Harris on 15th October 2014
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 14th October 2014
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 13th October 2014
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 3rd October 2014
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 1st October 2014
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 30th September 2014
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 29th September 2014
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 26th September 2014
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

BP begins construction of Southern Gas Corridor pipeline between Azjerbaijan and Europe

Submitted by Paddy Harris on 24th September 2014
24th September 2014
BP begins construction of Southern Gas Corridor pipeline between Azjerbaijan and Europe

A ceremony was held on Saturday at the Sangachal Terminal near Baku to mark the start of construction of the Southern Gas Corridor, linking BP-operated (through its majority held Azerbaijan International Operating Company, AIOC) oilfields in Azerbaijan to Europe via Turkey

China Rongsheng enters the oil and gas sector and targets Kyrgyzstan

Submitted by Paddy Harris on 12th September 2014
12th September 2014
China Rongsheng enters the oil and gas sector and targets Kyrgyzstan

Ocean Sino Holdings Limited, an indirectly wholly-owned subsidiary of China Rongsheng Heavy Industries Group, has completed a share purchase agreement with New Continental Oil & Gas that will allow it to enter the energy industry and target strategic Kyrgyzstan projects

Pages

Subscribe to RSS - CIS region