News 2014
June 2014NCOC
On June 11 2014, North Caspian Sea PSA (NCSPSA) co-venturers and the Government of the Republic of Kazakhstan signed a Memorandum of Understanding (MOU) with respect to the potential progression of future phases of development and production of the Kashagan project, including agreement to discuss Kazakhstani content and industrial capabilities.
Discussions and collaborative engagement between the Republic, the co-venturers and the North Caspian Operating Company B.V. (NCOC) within the framework of this MOU will continue in the months ahead to advance development plans. The NCSPSA co-venturers are: Agip Caspian Sea B.V., CNPC Kazakhstan B.V., ExxonMobil Kazakhstan Inc., Inpex North Caspian Sea, Ltd, KMG Kashagan B.V., Shell Kazakhstan Development B.V. and Total E&P Kazakhstan. NCOC is the delegated operator of activities under the NCSPSA on behalf of the co-venturers.