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OGJ Newsletter

09/03/2007
General Interest - Quick TakesKazakh officials suspend Kashagan field permitKazakhstan officials Aug. 27 suspended the permit for exploration and development work in Kashagan oil field off Kazakhstan, effectively halting work on the vast field for the next 3 months.This is the latest in a series of obstacles that the consortium behind Kashagan’s development-led by Agip Kazakhstan North Caspian Operating Co. NV (Agip KCO), a unit of Italy’s Eni SPA-has had to contend with. Most recently work in Kashagan was snagged by alleged environmental violations that threatened to revoke the consortium’s license (OGJ, Aug. 27, 2007, p. 26).Eni is sole operator and holds an 18.52% int...
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