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Interviewer: "What accounts for your success, Mr. Getty?"

J. Paul Getty: "Some people find oil, some don't."

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Entries Tagged as 'Kazakhstan'

Kashagan May Produce by 2012

September 18th, 2008 · No Comments

A report posted below states that the Kashagan field will begin producing at a rate of 150 kb/d, growing to 370 kb/d in 2014.  This is more optimistic than recent reports saying the field will not start producing until 2014.  Eni to Produce First Oil From Kashagan Field in 2012 (Update1) By Eduard Gismatullin Sept. 18 (Bloomberg) — Eni SpA, Italy’s largest oil company, plans to produce the first oil from the Kashagan field in Kazakhstan in 2012. The company is making “over 50 percent progress …

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Tags: Kazakhstan · Megaprojects

Kashagan Delayed Further

September 4th, 2008 · 2 Comments

Kazakh Kashagan might start oil production in 2014 Thu Sep 4, 2008 11:02am EDT ASTANA (Reuters) - Commercial production at Kazakhstan’s giant Kashagan oil field is expected to start later than the agreed 2013 launch date, a Kazakh oil industry official said on Thursday. Tumir Kulibayev, head of the influential KazEnergy association whose members include major Kazakh oil companies including state-owned KazMunaiGas, said the delay would be technical and would not mean a breach of the contract. “They are talking about October 2013, but it …

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Tags: Kazakhstan · oil supply