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Kalamkas Oil & Gas Project
(PROJECT SUSPENDED)

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PROJECT ID
50520252
SECTOR
Oil & Gas
PROJECT PHASE
Initiation & Feasibility
LOCATION
Atyrau Region, Kazakhstan
START DATE
5/1/2023
END DATE
1/1/2029
INVESTMENT VALUE
$ 6400 M
Active
Verified
Updated: 2 Days ago
Publication: May 8, 2026
Project Description
The Kalamkas-Sea and Khazar project is a joint offshore oil and gas development initiative in the Kazakh sector of the Caspian Sea. It aims to exploit the Kalamkas-Sea, Khazar, and Auezov fields, which collectively hold estimated recoverable reserves of approximately 48.5 million... Read more
Involved Companies & Contacts
Involved Companies & Contacts
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PARTY 1 - Involved Companies & Contacts
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PARTY 3 - Involved Companies & Contacts
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Other important details
Reserves: The combined recoverable reserves are estimated at 48.5 million tonnes of oil and 19 billion cubic meters of gas.
Production Capacity: The project aims for an annual production of approximately 4 million tonnes of oil (around 80,000 barrels per day) over a plateau period of at least five years.
Local Content: The project emphasizes the use of local Kazakh shipyards for constructing offshore platforms, aiming to revitalize the domestic shipbuilding industry and create employment opportunities.
Employment Impact: An estimated 2,000 jobs will be created during the construction phase, with an additional 300 positions during the operational phase.
Sources
Publication Date
3/31/2026