Amid international appeals to end the hostilities and initiate peace talks, Kim Kardashian West, whose late…
Topic: Caspian Sea
Business news and opportunities in oil and gas and other industries in and around the Caspian Sea
‘New chapter’ as work starts on Afghan leg of TAPI pipeline
Work on the Afghan leg of the 1,814 km, $8bn TAPI natural gas pipeline that will…
Odds on Trans Caspian pipeline shorten as littoral states settle their differences
After nearly 30 years of haggling over the legal status of the Caspian Sea, its five…
International consortium signs up to super-deep Caspian drilling project
An international consortium involving Chinese, Italian, Californian, Azeri and Kazakh companies has agreed to drill for…
Baku FTZ up and running by year end
Baku’s free trade zone (FTZ) will begin operating by the end of the year, the director…
Kashagan revenues come on stream with 2017 production set to double
After years of delay, Kazakhstan’s giant Kashagan oil field is finally delivering on its promise, with…
Astana to auction 60 Kazakh oilfields
Kazakh oilfields: Astana is planning to put more than 60 potential oil and gas fields up for…
Southern Gas Corridor on track for 2018 with SD2 over 70% complete
Half of the $42bn that Azerbaijan’s mammoth offshore Shah Deniz 2 (SD2) gas field is expected to cost…
Overseas investors take a look at $300m Caspian wind power station
Caspian wind power: A number of private-sector investors from China, the UAE and Germany have expressed an…
China and Azerbaijan sign MoU for $17bn OGPPC downstream project
OGPPC: China’s largest oil and gas producer and supplier CNPC has signed an MoU with the…
Baku ready to help transport Turkmen gas to Europe via Southern Gas Corridor
The governments in Baku and Ashgabat are in the process of negotiating a deal to enable…
Kashagan oil field production to resume in autumn
Production at Kazakhstan’s massive Kashagan oil field is to resume in the autumn more than two years…
BP Azerbaijan announces plans to drill off Absheron peninsula
BP Azerbaijan is planning to start exploratory drilling on in the shallow waters of the Absheron peninsula…
EC approves Trans Adriatic Pipeline
The European Commission yesterday approved the Host Government Agreement between Greece and the Trans Adriatic Pipeline…
Rouhani and Aliyev pave way for Caspian Sea cooperation
Caspian Sea cooperation: During a meeting with his Azeri counterpart Ilham Aliyev in Tehran yesterday, Iran’s President Rouhani…
Total close to deal over next-generation rig for Absheron field in Caspian Sea
France’s Total company and Azerbaijan’s state-run SOCAR are close to completing negotiations on the completion and delivery of…
Kazakh economy to grow by 1.1% as Kashagan oil field comes on stream
With the giant Kashagan oil field set to come on stream this year, the World Bank…
Turkmenistan completes East-West gas pipeline
Turkmenistan last week announced that it has completed construction of the strategic East-West gas pipeline linking its…
Temir Zholy planning logistics terminals on Baltic Sea and Gulf
Temir Zholy, Kazakhstan’s state-run rail company, is looking into the possibility of building terminals on the Baltic…
Shah Deniz 2 on course for 2018 – BP
The massive Shah Deniz 2 gas project in Azerbaijan’s sector of the Caspian Sea is now…
BP and SOCAR to look for more oil off Absheron peninsula
BP is planning to begin seismic surveys the shallow waters around the Absheron peninsula in the Azerbaijani…
Iran and Azerbaijan team up for Caspian Sea oil exploration
Caspian Sea oil exploration: Plans for The National Iranian Oil Company (NIOC) and The State Oil Company of…
Turkmen gas exports to Europe move up Caspian agenda
Turkmen gas exports to Europe: Foreign ministers from Azerbaijan, Turkmenistan and Turkey today resolved to trilaterally…
Eni secures joint subsoil use rights for Isatay block in Caspian Sea
Kazakhstan’s KazMunayGas (KMG) has announced that it has transferred 50% of subsoil use rights of the Isatay…