Geology Without Limits (GWL), working with Geological Survey of Iran (GSI) and Ministry of Mine, Industry and Trade (MMIT) are planning a 4800 km, 2D seismic, gravity and magnetic data survey in the Iranian sector of the Caspian Sea. The…
Russian's Lukoil says its Phase 2 Vladimir Filanovsky LSP-2 ice-resistant topsides have set sail for the Caspian Sea. Production from the project is due at the end of this year. Phase 2 of Vladimir Filanovsky field development provides for the construction of a fixed ice-resistant platform…
Mechanical services group EnerMech has strengthened its market position in the Caspian region by securing contracts with major operators valued at more than US$49.8 million (£40 million). The contracts involve a number of EnerMech service lines including cranes and lifting…
Fluor was awarded a two-year engineering services framework agreement with North Caspian Operating Co. (NCOC) for conceptual studies and front-end engineering for its projects in the Caspian region. NCOC operates oil and gas activities under the North Caspian Sea production sharing agreement…
Lundin is to take a non-cash impairment charge of US$632 million after deciding to take some 170 MMboe contingent resources in Malaysia and the Caspian Sea off its books. The Sweden-headquartered explorer said it was removing the resources…
Lukoil has struck more pay at its third well in the Vladimir Filanovsky field in the shallow waters of the Caspian Sea. The LSP-1, from Lukoil. The horizontal section of the well is 1217m long…
Russia’s Lukoil is moving the jackets for the offshore ice-resistant stationary platform #2 from the port of Astrakhan to the Filanovsky field in the Caspian Sea. The platform is intended for drilling and operation of wells within the second stage of field development…
Russia's LUKOIL-Nizhnevolzhskneft has taken into service, from contractor Bumi Armada Berhad, three ice-class vessels for use on its Vladimir Filanovsky field in the Caspian Sea. Bumi Naryan-Mar is a standby/rescue vessel equipped with oil spill response equipment and fire fighting system…
Lukoil has commenced drilling operations at the Vladimir Filanovsky field in the Caspian Sea. The well is being drilled from an ice-resistant fixed platform, LSP-1, with first production set for 2H 2016. V. Filanovsky is the largest of all fields discovered in Russia in the past 25 years…
Russia's Lukoil gas started driving in marine risers at the Vladimir Filanovsky field in the Caspian Sea, ahead of planned development well drilling operations. Risers, required to reinforce wellheads, ensure circulation and environmental safety at drilling operations…
Italian firm F.lli Righini has been awarded a new contract by BP for four umbilical handling and lay packages in the Caspian region. The contract, awarded by BP's Shah Deniz business unit, is for the Shah Deniz Phase 2 project in the Caspian Sea…
BP's Caspian Sea unit has inked 14 offshore support vessel contracts with Topaz Energy and Marine. The contracts cover a five-year period plus two one-year options at current market terms and will be primarily in support of BP’s ACG and Shah Deniz II fields offshore Azerbaijan…
Drilling and engineering contractor KCA Deutag has been awarded two contracts with BP Exploration (Caspian Sea) with about US$360 million for the initial contract or $1 billion including all options. The first contract has been awarded…
Kazakh state-owned KazMunayGas (KMG) and Italian giant Eni finalized commercial terms to move 50% of the suboil use rights of the Isatay block in the Caspian Sea to Eni. Image from Eni. Isatay…
Drilling rig equipment manufacturer Bentec has been awarded three multi-million dollar contracts, including the firm’s first complete rig for the Caspian Sea offshore sector. The Caspian rig contract is for Nobel Oil for work off the coast of Azerbaijan…
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