Legacy Onshore Giants: Tengiz and Karachaganak Long before Kashagan’s first oil left the shore, the onshore giants Tengiz and Karachaganak were fueling the nation’s energy story. Further west, the Karachaganak field, developed by a consortium led by Chevron, produces both oil and associated gas, serving as a critical pivot point for regional processing and export.
Aging Infrastructure in Kazakhstan's Key Onshore Oil Fields
The Caspian Pipeline Consortium (CPC) pipeline remains a vital corridor, shuttling crude from the western coast of Kazakhstan to the Russian Black Sea port of Novorossiysk. Production Sharing Agreements: Balancing Investment and Control The evolution of Kazakhstan’s oil landscape has been shaped by a series of production sharing agreements (PSAs) that define the terms between the state and international oil companies.
The Kashagan Field: Crown Jewel of Production Since its phased startup in 2016, the Kashagan field has rightfully claimed the throne as Kazakhstan’s single largest oil producer. Located in the shallow but complex waters of the Caspian Sea, Kashagan operates under a joint venture led by Equinor, with partners including Shell, ExxonMobil, CNPC, and KazMunayGas.
Aging Infrastructure in Kazakhstan's Key Onshore Oil Fields
Future Frontiers: Deepwater and Enhanced Recovery Looking ahead, Kazakhstan’s energy strategy pivots on unlocking deepwater potential in the Caspian and applying enhanced recovery techniques to onshore fields. Pipeline Corridors: The Arteries of Export Geography dictates that Kazakhstan’s oil wealth must traverse complex routes to reach global markets, given its landlocked position.
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