Isatay Operating completed drilling of the Abay-1 wildcat to a depth of 2500 metres on the Abay offshore block in September, local media outlet reported Drilling at a shallow water block in the Kazakh ...

Caspian Explorer barge owner hopes drilling success might be opportunity to trade the unit for a minority interest in offshore Kazakhstan development UK-listed oil and gas independent Caspian Sunrise ...

HOUSTON, Mar. 31-- Statoil and Kazmunaygas signed a heads of agreement to explore the Abay block in Caspian Sea off Kazakhstan. The two firms will establish a company that will serve as operator and ...

There’s a spot on the shoreline from where Azamat Sarsenbayev used to jump into the brackish, blue-green Caspian Sea. Only a decade later, it now overlooks bare, stony ground stretching toward the ...

LONDON, March 13 (Reuters) - BP (BP.L), opens new tab plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told Reuters. BP is already working on stemming ...