Middle East Economic Survey
Kashagan Partners Announce Oil Discovery In Kairan Structure
Partners in the North Caspian Sea Production-Sharing Agreement (NCSPSA), which is developing the offshore giant Kashagan oilfield and surrounding hydrocarbon structures, on 27 July reported a new discovery in the Kairan prospect. The Kairan-1 well was drilled from an artificial island to a depth of 3,850ms last year and then suspended due to winter weather. Testing...