Kazakhstan | Egypt Oil & Gas - Part 2

Petrofac Joint Venture Secures EPC Contract in Kazakhstan

Petrofac’s Engineering & Production Services (EPS), in a joint venture with Kazakhstan’s Isker, has secured an Engineering, Procurement, Construction, Pre-commissioning and Commissioning (EPCC) contract worth of $ ...

Kazakhstan to Compensate for May Overproduction 

Kazakshtan’s Energy Minister, Nurlan Nogayev, has confirmed that Kazakhstan will offset overproduction in May by lowering output in August and September.

Kazakhstan Achieves 102.6% of Oil Production Plan

Kazakhstan’s Minister of energy, Nurlan Nogayev, reported that Kazakhstan had produced 31.3 million tons of oil between the months January-April, which amounts to 102.6% of the production plan.

Saudi Arabia, Kazakhstan Reiterate Importance of Production Cuts

Officials from Saudi Arabia and Kazakhstan noted the importance of ongoing production cuts during a recent meeting in Uzbekistan.

Iraq, UAE, Kazakhstan Recommit to Oil Cut Deal

Iraq, the UAE, and Kazakhstan, reiterated their support for January's production-cut agreement between OPEC and other major oil producers.

OPEC Might Extend Output Cut Deal

The Organization for Petroleum Exporting Countries (OPEC) could extend its oil output cuts to the end of 2017, provided other producers continue to cooperate on the deal.

Iran, Total to Resume Oil Swap with Caspian Sea

Naftiran Intergraded Company Sàrl, Swiss-based subsidiary of the National Iranian Oil Company (NIOC), and France's Total will sign oil swapping deal for around 200,000b/d.

Iran to Swap Oil with Caspian Sea States

Iran can swap up to 120,000 b/d of crude oil, which can be enhanced to over 1.5 mb/d in the future, with its northern neighbors at North Oil Terminal.

Iran to Build Wind Farm in Kazakhstan

Iran has signed an agreement with Kazakhstan towards building a 50MW wind power plant in the west of Kazakhstan, near the country's Caspian Sea shores. The Kazakh government will finance the $110m project.

Iran Expanding Energy Cooperation with Kazakhstan, China

Iran and China plan to jointly construct the fourth oil refinery of Kazakhstan

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