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CIS region

Oil and gas industry news from the Caspian region

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

Roxi adds extra 50 metres of oil pay to A5 BNG discovery in Kazakhstan

Submitted by Paddy Harris on 1st September 2014
01st September 2014
Roxi adds extra 50 metres of oil pay to A5 BNG discovery in Kazakhstan

Roxi Petroleum has increased the estimates of oil at one of its BNG Contract Area wells to a gross oil-bearing thickness of metres, following drilling and mud logging

Privately-held Guanghui Energy given oil import licence by Chinese authorities

Submitted by Paddy Harris on 29th August 2014
29th August 2014
Privately-held Guanghui Energy given oil import licence by Chinese authorities

Guanghui Energy has become China’s first privately held oil and gas company to receive a crude oil import licence from the government

Gazprom to develop Kyrgyzstan oil and gas industry

Submitted by Paddy Harris on 28th August 2014
28th August 2014
Gazprom to develop Kyrgyzstan oil and gas industry

A meeting between Gazprom's management committee chairman Alexey Miller and Kyrgyz president Almazbek Atambayev took place in Bishkek today to discuss plans to boost country’s upstream sector, as well as improve the nation’s gas transmission infrastructure

Roxi uncovers larger oil-bearing interval at Kazakhstan deep well A5

Submitted by Paddy Harris on 19th August 2014
19th August 2014
Roxi discovers larger oil-bearing interval at Kazakhstan deep well A5

Roxi Petroleum remains positive about its Kazakhstan operations as a larger oil-bearing interval is discovered at its flagship deep well in the BNG Contract Area, and continues successful operations at its shallower wells across the country

Roxi recovers second oil-saturated core sample from recent Kazakhstan discovery

Submitted by Paddy Harris on 11th August 2014
11th August 2014
Roxi recovers second oil-saturated core sample from recent Kazakhstan discovery

Roxi Petroleum has announced that a further core of 18 metres has been successfully taken between 4,347 and 4,365 metres, of which 5.62 metres was recovered

Nearly USD 10bn to be spent on CIS downstream sector between now and 2020

Submitted by Paddy Harris on 6th August 2014
06th August 2014
The former Soviet Union (FSU) is forecast to spend approximately USD 9.8bn on new refining capacity between 2014 and 2020, adding over 400 thousand barrels per day, according to research and consulting firm GlobalData

The former Soviet Union (FSU) is forecast to spend approximately USD 9.8bn on new refining capacity between 2014 and 2020, adding over 400 thousand barrels per day, according to research and consulting firm GlobalData

Roxi acquires first core samples from recent Kazakhstan discovery

Submitted by Paddy Harris on 5th August 2014
05th August 2014
Roxi collected its first core samples from a recent discovery made at its flagship BNG asset 40 kilometres southeast of Tengiz on the edge of the Mangistau Oblast in Kazakhstan

Roxi collected its first core samples from a recent discovery made at its flagship BNG asset 40 kilometres southeast of Tengiz on the edge of the Mangistau Oblast in Kazakhstan

Nostrum dishes out USD 150m gas treatment facility contract in Kazakhstan

Submitted by Paddy Harris on 31st July 2014
31st July 2014
Nostrum Oil and Gas awards gas treatment facility contract worth USD 150m in Kazakhstan

Nostrum Oil & Gas has entered into a contract with OGCC KazStroyService JSC for the construction of the third unit of the Nostrum’s gas treatment facility (GTF) for a consideration of USD 150m

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