10 December 2015
The Members of the Board listened to the reports of the Executive Committee on the activities completed in 2015. They approved the annual work plan, the list of the Association’s target projects and the 2016 budget.
The second SPE Caspian Technical Conference and Exhibition (CTCE), the largest technical conference of its type in Azerbaijan, has come to a close after three packed days, оver 500industry professionals passed through the doors of the Fairmont Hotel, Flame Towers in Baku to hear from speakers drawn from the highest echelons of government, operators, service providers, advisory firms, and energy research companies, including Akif Alizadeh, President of the National Academy of Sciences, Natig Abbasov, Deputy Minister of Energy of the Republic of Azerbaijan, Academician Khoshbakht Yusifzadeh, First Vice-President, SOCAR and Martyn Smith, Vice-President Reservoir Development, BPto name a few.
This week, the 14th meeting of the Committee of Oil and Gas Industry of “Atameken” National Chamber of Entrepreneurs of the Republic of Kazakhstan has finished
Representatives of the Ministry of Energy of RK, State Revenue Committee of MF of RK, KAZENERGY Association, KazMunaiGas NC JSC, KazMunaiGas – Refining and Marketing JSC etc. attended the meeting.
India, New-Delhi, 28 October 2015
Based on the RoK Government Resolution on the International Specialized Exhibition EXPO-2017, KAZENERGY Association is actively attracting global energy organizations to participate in this national event.
October 1, 2015, Astana
Participants of the Program Session “Modern trends in clean energy development” organized jointly with the International Renewable Energy Agency (IRENA) as part of the jubilee X KAZENERGY Eurasian Forum discussed topical issues of renewable energy sources.
October 1, 2015
Business breakfast on “State regulation of oil and gas reserves accounting” was held as part of the X KAZENERGY Eurasian Forum. The prerequisites for modernization of reserves accounting system in the Russian Federation, state regulation issues, the problems occurred in development and transition to a new system of reserves accounting and others were considered in the course of discussion.
An updated National Energy Report was presented at the X KAZENERGY Eurasian Forum. In recent years the world energy picture has changed considerably. The export markets, routes, etc. were reoriented. Since the previous Report of 2013, the world has undergone significant geopolitical and economic changes which significantly affected the economy and the energy sector of Kazakhstan. First of all, the question is about collapse in oil prices caused by excess supply, which marked the completion of the “raw materials supercycle” of the 2000s.
On September 30, 2015, VIII Youth forum on “Youth. Science. Innovations” conducted within the anniversary X KAZENERGY Eurasian Forum, has been completed.
This is one of the most interesting in content and style annual events with participation of young people. The active dialogue between the professionals of oil and gas and energy sector and promising young generation takes place here. The work of the current Youth Forum was focused on the role of the youth in the development of energy sector and in introduction of new innovative ideas into the largest oil and gas and energy projects of Kazakhstan.
The Palace of Independence (Astana) holds the Jubilee X Eurasian Forum KAZENERGY dedicated to “New Horizons of Energy: Prospects of Cooperation and Investments”.
The agenda of the Eurasian Forum KAZENERGY-2015 reflects the current key transformations taking place in the oil, gas and energy market.
Building on last November’s inaugural event in Kazakhstan, this year’s Caspian Technical Conference and Exhibition takes place 4–6 November in Baku. This year’s theme, Delivering Growth and Sustainable Innovation in a Changing Environment, is explored in three high-level panel sessions, which focus on: gas development, managing risk and performance on mega projects; and industry insights and experience in developing national capability.
October 1, 2015, Astana, Palace of Independence, Oval-shaped hall
Business breakfast on the topic “State regulation in the sphere of oil and gas reserves accounting” will be held as part of the X KAZENERGY Eurasian Forum.
Plan of the Head of State “100 concrete steps to implement five institutional reforms” in terms of industrialization and economic growth stipulates the introduction of international systems of mineral reserves accounting.
London, UK (21 September 2015)—This year’s SPE Annual Caspian Technical Conference and Exhibition—taking place 4–6 November in Baku, Azerbaijan—is being held in conjunction with two of the Caspian region’s most well-established oil and gas conferences, in an exclusive collaboration to provide a richer experience for delegates.
In 2016, crude oil prices will rise, on average, to about $63 per barrel and in 2020 to about $80 per barrel. Prior to 2035 the growth in demand for primary energy in the world is expected to average 1.3% per year and will be from 90 till 115 million barrels per day. This data, as well as trends in the global energy industry will be presented in the 2015 National Energy Report of the KAZENERGY Association. The report will be presented at the X KAZENERGY Eurasian Forum, 29 September – 1 October in Astana.
Tengiz, the world’s deepest producing super giant oil field, was discovered in 1979.
The Tengizchevroil (TCO) partnership was formed on April 6, 1993, between the Republic of Kazakhstan and Chevron. Current partners are Chevron, 50 percent; KazMunaiGas, 20 percent; ExxonMobil Kazakhstan Ventures Inc., 25 percent; LukArco B.V., 5 percent.
Minister of Investment & Development Asset Issekeshev and Minister of Energy Vladimir Shkolnik have been confirmed as speakers at the Kazakhstan Local Content Summit, taking place on 15-16th June in Astana.
Karachaganak Petroleum Operating B.V. (KPO) announced on April 01, 2015 two senior management appointments. Renato Maroli takes over from Damiano Ratti as the new KPO General Director, whilst Andrew Wiper steps in as the new Operations Director and Deputy General Director.