Categotry Archives: Kashagan

I know-a nothing!

In amongst all this doom and gloom there’s a bright ray of sunshine for one company: Saipem has finally secured the $1.8 billion contract to construct a pair of pipelines at the giant Kashagan project in Kazakhstan’s Caspian Sea region. The Italian contractor has been handed the deal to build the two 95-kilometre pipelines by the North Caspian Operating Company (NCOC), Kashagan’s operator. Now that’s a nice little contract, isn’t it? Saipem was thought to be in pole position to […]

Cash-All-Gone

There appears to be no date in sight for a restart of the giant Kashagan project offshore Kazakhtsan, which started up in September last year following 12 years of engineering and construction only to be shut down almost immediately, then restarted and then again shut down a few days later and left that way until now.  The most optimistic are hoping that it starts up sometime this year. The Kashagan project is extremely complicated and technically challenging, not least because […]