South Korean leader Park Geun-Hye on Friday oversaw the signing of a USD 4bn agreement to build natural gas-processing plants in the isolated energy-rich Central Asian nation of Turkmenistan
Rosneft and Lukoil have begun the construction of the first prospecting and appraisal well at the Ribachya structure as part of geologic exploration of the North Caspian licensed site, situated in a Russian sector of North Caspian water area
Tethys Petroleum has received approval from the ministry of oil and gas of the Republic of Kazakhstan (MOG) for the extension its Kyzyloi Production Contract for a further 15 years to June 2029
The agreement will result in KazMunayGas (KMG) and Eni each holding 50 per cent of exploration and production rights in Isatay, an offshore exploration area located in the north Caspian Sea
Max Petroleum has announced that the ZMA-E7 development well in the Zhana Makat field has successfully reached a total vertical depth of 997 metres, encountering hydrocarbons in Jurassic sandstone reservoirs in line with expectations
Tethys Petroleum has announced the completion of drilling and logging at the AKK20 exploration well in the Akkulka field, the fourth well in its 2014 shallow gas drilling programme in Kazakhstan
Total has signed an agreement to sell its 10 per cent interest in the Shah Deniz field and the South Caucasus Pipeline to TPAO, the Turkish state-owned exploration and production company
Tethys Petroleum Limited has announced that the Kazakh State Reserves Committee has approved the company's gas reserve evaluation for the Kyzyloi production contract area