US independent energy company ConocoPhillips (NYSE:COP), together with its partners in the North Caspian Sea Production Sharing Consortium, and Kazmunaygaz (KMG), state oil authority of Kazakhstan, have approved the development plan for the Kashagan oil field. With production estimates of up to 13 billion barrels of oil, the Kashagan field is one of the largest…
KAZAKHSTAN: ConocoPhillips announces approval of the Kashagan development plan
Posted on March 3, 2004 by EnergyAsia