Kazakhstan, Astana. Jan. 24 / corr Trend A.Maratov, E.Ismayilov /
KazMunayGaz national company has discovered signs of hydrocarbons on N field (Nursultan) in the Kazakh section of the Caspian Sea, KazMunayGaz head Kairgeldi Kabildin said to a news conference in Astana.
Exploration in the field showed signs of hydrocarbon crude.
"We found signs of hydrocarbon crude and will carry out testing. [...] We hope to be a success in this project," Kabildin said.
The N block is located 75 kilometers south of the Aktau city on the Caspian Sea. The block area is more than eight square kilometers.
The field is consisted of major (western) and shell-sea (eastern) parts. The water depth within the field ranges from 0 to 340 m. The deep part is in the southeastern part of the block.
KazMunaiGas (KMG) is the operator of the "N" project with 51 percent. Other participants are the U.S. oil company ConocoPhillips (24.5 percent) and the Arab state investment company Mubadala (24.5 percent).