Kazakhstan is to produce less than 83 million tons of oil and gas condensate in 2012, the Minister of Oil and Gas Sauat Mynbaev said on Thursday at the Ministry collegium. “As a matter of fact according to the strategic plan the planned production volume is 83 million tons however we believe that this figure […]

The estimated cost of the second exploration well in the first gas field discovered during Azerbaijan’s independence years – the gas field Umid in the Azerbaijan sector of the Caspian Sea – makes up 81.3 million American dollars, such information was published at the official website of the State oil company of Azerbaijan (SOCAR) on […]

In the course of geological prospecting at the Sakhalin shelf Gazprom discovered a new gas field on the Mynginskaya structure within the boundaries of the Kirinskoe prospecting site. This is already the second gas field discovered by Gazprom at the Kirinskoe prospecting site. Earlier in September 2010 Gazprom already discovered here a large Yuzhno-Kirinnskoe gas […]

OAO TMK one of the world’s largest manufacturers of pipes for oil and gas complex, has shipped solid-drawn line pipes to the Gazprom company to equip the subsea pipeline of the Kirinskoye gas-condensate field on the shelf of the Sakhalin island. This was reported by the press-service of TMK. The shipment included solid-drawn line pipes […]