Exclusive interview of Shell Kazakhstan Country Chair, Mr Olivier Lazare, who will leave his position soon, for Petroleum Journal.
The Karachaganak gas condensate field discovered more than 40 years ago is truly unique. Today Karachaganak is a world-class project with multibillion-dollar investments, record production levels, and innovative technologies.
One of the consequences of the pandemic-related oil price crash has been oilfield service financing cuts. In this article, we discuss the key conclusions from the recent Deloitte Research Centre review of the effects of oil market changes in 2020, as well as the prospects for global and Kazakhstan oil production, the financing of oilfield services and the major oilfield service market segments.
The annual purchasing of the oil-producing sector of Kazakhstan exceeds 10 billion US dollars, of which only half is accounted for by the domestic business. Meanwhile, according to experts, each additional 1% of Kazakhstan's oil and gas content can indirectly "keep" 100 million US dollars in the country.
Joint-stock (JSC) National Company (NC) KazMunayGas (“KMG” or “Company”), Kazakhstan's national vertically integrated oil and gas company, announced its operating results for 2020.
The North-West Kyzylkiya field began its story in 2003-2004, when engineers carried out 2D and 3D field seismic surveying in the southern section of the Turgai depression and created structure maps for potential oil deposits, resulting in the North-West Kyzylkiya field opening as a result of well No. 34 being drilled in 2004.
The first online auction to grant the right to explore and produce hydrocarbons was held on December 23, 2020.
Karachaganak Petroleum Operating B.V. (KPO) announced 2 June 2021 that Giancarlo Ruiu will lead KPO starting June the 2nd 2021 as the new KPO General Director, replacing Gabriele Giona, who has been appointed for Eni in Egypt as Managing Director of Agiba Petroleum Company.
Karachaganak Petroleum Operating B.V. (KPO) has announced that Kuanysh Kudaibergenov has been appointed to the position of KPO Vice General Director.
Shell Kazakhstan informs that German Burmeister, currently Shell Vice-President in Brazil, will take over as the Country Chair of Shell Kazakhstan effective from 1st August 2021, replacing Olivier Lazare who has been appointed as Managing Director of North Caspian Operating Company N.V.
Thirty years ago, on April 6, 1991, the first well was launched at the unique Tengiz field, which is rightly called the "diamond" in Kazakhstan's oil and gas crown.
On April 29, it was 110 years since a powerful gush of oil was produced from well No. 3 at the Dossor field, from a depth of 225-226 meters of Middle Jurassic sediments.