Baku, Azerbaijan, Aug. 8
By Leman Zeynalova – Trend:
Eni S.p.A, an Italian multinational oil and gas company, is preparing for largest Major Turnaround ever had in Karachaganak oil and gas condensate field in Kazakhstan, the company told Trend.
Eni said its equity production from Karachaganak asset has been in excess of 83,000 barrels of oil equivalent per day (kboepd), in the first quarter 2019.
“Several activities are ongoing in Karachaganak field currently, from Project Development point of view we are finalizing the execution phase of the 5th re-injection trunkline. We entered in execution phase for Karachaganak Gas De-Bottlenecking project in the 3Q 2018 and activities are in progress ahead of the planned schedule. Additional 4th injection compressor project has been sanctioned in April this year and the execution phase is ongoing. We are preparing for the largest Major Turnaround ever had in Karachaganak from mid-September 2019 for a duration around 30 days,” said the company.
Eni said its equity production from Kashagan asset has been around 67 kboepd, in the first quarter 2019.
Karachaganak is one of the largest oil and gas condensate fields in Kazakhstan. Karachaganak Petroleum Operating produces oil and gas from the Karachaganak field. The shares in the consortium are as follows: Eni - 29.25 percent, Royal Dutch Shell - 29.25 percent, Chevron - 18 percent, Lukoil - 13.5 percent and KazMunayGas - 10 percent.
The total oil reserves of Kashagan reach 38 billion barrels, of which about 10-11 billion barrels are recoverable. At the same time, natural gas reserves exceed one trillion cubic meters.
Eni has been present in Kazakhstan since 1992. Eni is joint operator of the Karachaganak field and is an equity partner in various projects in the Northern Caspian Sea, including the giant Kashagan field. In 2018 Eni became joint operator in the exploration block Isatay, with the national company KMG.
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