Reply To: Largest oil and gas fields

  • Oil and Gas Sector


    11/12/2022 at 8:25 am
    3046 Points

    The Kashagan oil field is an oil field located in the Caspian Sea, near the city of Atyrau in Kazakhstan. It is one of the largest oil discoveries in recent years, with an estimated reserve of 13 billion barrels of oil. The field was discovered in 2000 and began production in 2013. It is operated by the North Caspian Operating Company (NCOC), a consortium of international oil and gas companies, on behalf of the Government of Kazakhstan. Due to the challenging environment and technical complexity of the field, the development of Kashagan has been considered one of the most expensive and difficult oil and gas projects in the world.