KIOGE - News Blog

Three largest oil production projects should guarantee Kazakhstani producers orders worth over $20 billion

The oilfield services market of Kazakhstan can provide Kazakhstani producers with orders in excess of $20 billion in the coming years, the country's energy minister Kanat Bozumbayev said on November 19. “The oilfield services sector will develop at a good pace in the country...

Created on 21 November 2018.

Kazakhstan to develop information system for oil accounting

The implementation of the project, worth about 3 billion tenge, will allow to keep records of oil, ranging from the well to the final consumer. The economic effect of the project can be up to 23 billion tenge. This was announced by the Deputy Minister of Energy Bolat Akchulakov. “The...

Created on 06 November 2018.

Refinery maintenance system can reduce the price of gasoline in Kazakhstan

The work at the oil refineries in Kazakhstan of the automated system for managing the maintenance and repair of equipment (TORO) can lead to cheaper gasoline, KazTAG reports with reference to the Deputy Minister of Energy of Kazakhstan Bolat Akchulakov. “In general, this...

Created on 05 November 2018.

Oil production at Kashagan can reach 420 thousand barrels per day

The Ministry of Energy believes that after the implementation of the first phase of the project to optimise oil production in Kashagan in 2021, daily oil production will amount to 420 thousand barrels. This was announced by the Deputy Minister of Energy Magzum Mirzagaliyev. "Today,...

Created on 05 November 2018.

Hovercraft to transport personnel and cargo at Kashagan

The Caspian Falcon hovercraft began operations in the Northern Caspian, Caspian Offshore Construction informed. "Caspian Falcon will provide year-round services for the transportation of personnel and goods between the islands of the Kashagan oil field on the sea shelf of Kazakhstan,...

Created on 30 October 2018.

Royal Dutch Shell affirms commitment to Kazakhstan

The Royal Dutch Shell plans to continue cooperation with Kazakhstan in the nearest 25 years, Andrew Brown, Chief of the company's R&D Department, said at a meeting of the Kazakh President with European businessmen in Brussels. "We are active participants of Kashagan project...

Created on 22 October 2018.

New 5 billion-dollar oil and gas project to start off at Tengiz

66 new wells will be drilled in the field. Chairman of the Presidium of Kazakhstan's Union of oilfield related companies Rashid Zhaksylykov told about the new projects in the oil and gas sector in Kazakhstan, BNews.kz correspondent reports. The oil and gas sector is active in...

Created on 11 October 2018.

Kazakhstan and Russia ready to lift ban on the export of fuels and lubricants from Kazakhstan to third countries

On October 3, a protocol lifting the ban on the export of Kazakhstan's light oil products outside the customs territory of the Eurasian Economic Union was signed in Moscow, the press service of the Ministry of Energy of Kazakhstan reports. During the Russian Energy Week - 2018...

Created on 05 October 2018.

NCOC is developing a new gas re-injection project concept

The North Caspian Operating Company (NCOC, Kashagan operator) consortium is developing an alternative concept for a gas re-injection project that will increase production at the Kashagan field to 450 thousand barrels per day, it is scheduled for implementation after the completion...

Created on 04 October 2018.

Atyrau oil refinery starts production of a new brand of aviation fuel

At the Atyrau oil refinery, the first batch of aviation fuel of the RT brand was produced. Thus, having completed the production of the fuel of the TS-1 brand by September 25, since October, the refinery has completely switched to the production of new products. The aviation fuel...

Created on 02 October 2018.

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