Kalamkas-Sea and Khazar Offshore Oil & Gas Development Project
- horizonmarketing
- May 1
- 2 min read
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 tonnes of oil and 19 billion cubic meters of natural gas. The project encompasses the construction of two ice-resistant fixed offshore platforms, a coastal processing facility, subsea pipelines, and associated infrastructure. A significant aspect of the project is the emphasis on utilizing Kazakh shipyards for platform construction, aligning with national goals to bolster domestic industrial capabilities.
Current Status:
As of April 2025, the project is in the Front-End Engineering Design (FEED) phase, with completion expected by the end of 2024. The Final Investment Decision (FID) is anticipated in 2025. Construction of offshore platforms is scheduled to commence in 2026, with production start-up targeted for 2028.
Start Date: 2023
End Date: 2029
Investment Volume (in mln USD):
Approximately $6.4 billion
Location:
Kazakh sector of the Caspian Sea, approximately 64 km offshore from the northeastern coast, near the Buzachi Peninsula.
Involved Companies:
KazMunayGas
Role: 50% investor and international co-developer; strategic and technological partner
Address: 8, D. Kunaeva Street, Esil District, Astana, 010000, Kazakhstan
Phone: +7 (7172) 78 62 66 (For English speakers)
Phone: +7 (7172) 78 63 90 (Head Office)
Phone: +7 (7172) 78 61 01 (Reception)
Phone: +7 (7172) 78 61 80 (Procurement)
Email: Astana@kmg.kz
Web: www.kmg.kz
WhatsApp: 8 771 191 88 16
Lukoil PJSC
Role: 50% investor and national partner in the joint venture; strategic initiator from Kazakhstan
Address: 11, Sretensky blvd, Moscow, Russia, 101000
Phone: +74956274444 / +74956289841
Email: lukoil@lukoil.ru / lukoil@lukoil.com
Kalamkas-Khazar Operating LLP
Role: Project Operator – manages full development implementation
Address: Aktau, 12 microdistrict, building 74/1
Phone: +7 7292 291029
Email: info@kalamkas-khazar.kz
Key People and Contact Details:
1. Lukoil
Name: Alexander Venediktov
Position: Deputy General Director
Name: Sanzhar Issimov
Position: Production director
Name: Vlad Mikhailov
Position: Deputy to General Director
Name: Дінбаян Махамбет
Position: Director General
Name: Alexey Trushkov
Position: General manager
Name: Valeriy Zdorov
Position: Head of Engineering
2. Kalamkas-Khazar Operating LLP
Name: Nikolai Filippov
Position: Deputy General Director for Production
Name: Evgenii Kolbovich
Position: Director of the Department of Operations
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:
Photo Sources: rogtecmagazine.com
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