Tag: Caspian
Kazakhstan: Capsian venture
Fluor Corporation has announced that a Fluor-led joint venture known as North Caspian Constructors (NCC) has been awarded the onshore construction of Kashagan Experimental Program facilities by Agip KCO.
Azerbaijan: contracts awarded
An Azeri oil group led by BP has awarded a total of USD 1.1 billion of construction and engineering deals to expand its giant oil project in the Caspian Sea.
Caspian Sea: go-ahead for next phase
The third and final stage in developing the Azeri-Chirag-Gunashli (ACG) oilfield in the Caspian, where Statoil holds an 8.56% stake, has been approved by the Azerbaijan government.
Kashagan project approved
Exxon Mobil Corporation has confirmed that Kazmunaygaz (KMG), the petroleum authority for the Republic of Kazakhstan, and the consortium companies of the North Caspian Production Sharing Agreement have announced approval of the development plan for the Kashagan oilfield.
