North Caspian Operating Company
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North Caspian Operating Company (NCOC) is an operating company for the North Caspian Sea Production Sharing Agreement (NCSPSA). NCOC is based in
Atyrau Atyrau (, ; , ; ), known until 1991 as Guryev (), is a city in Kazakhstan and the capital of Atyrau Region. Atyrau is a transcontinental city, at the mouth of the Ural River on the Caspian Sea, between Europe and Asia, west of Almaty and east o ...
,
Kazakhstan Kazakhstan, officially the Republic of Kazakhstan, is a landlocked country primarily in Central Asia, with a European Kazakhstan, small portion in Eastern Europe. It borders Russia to the Kazakhstan–Russia border, north and west, China to th ...
. The agreement includes seven companies consisting of
KazMunayGas KazMunayGas (KMG) () is the state-owned oil and gas company of Kazakhstan.Eni Eni is an Italian oil and gas corporation. Eni or ENI may refer to: Businesses and organisations * Escuela Nacional de Inteligencia, the Argentine intelligence academy * Groupe des écoles nationales d’ingénieurs (Groupe ENI), a French engi ...
,
ExxonMobil Exxon Mobil Corporation ( ) is an American multinational List of oil exploration and production companies, oil and gas corporation headquartered in Spring, Texas, a suburb of Houston. Founded as the Successors of Standard Oil, largest direct s ...
,
Shell Shell may refer to: Architecture and design * Shell (structure), a thin structure ** Concrete shell, a thin shell of concrete, usually with no interior columns or exterior buttresses Science Biology * Seashell, a hard outer layer of a marine ani ...
,
Total S.A. TotalEnergies SE is a French multinational integrated energy and petroleum company founded in 1924 and is one of the seven supermajor oil companies. Its businesses cover the entire oil and gas chain, from crude oil and natural gas explorat ...
(16.88% each),
China National Petroleum Corporation The China National Petroleum Corporation (CNPC) () is a major national oil and gas corporation of China and one of the largest integrated energy groups in the world. Its headquarters are in Dongcheng District, Beijing, Dongcheng District, Beij ...
(8.4%) and
Inpex INPEX Corporation is a Japanese oil company established in February 1966 as North Sumatra Offshore Petroleum Exploration Co., Ltd.The Japan TimeInpex fetches 549,000 yen in debut on first section November 18 2004 Retrieved on August 14, 2012 IN ...
(7.56%).


Company

NCOC was created in 2009 taking responsibilities from
Agip Agip S.p.A., acronym for Azienda generale italiana petroli, was an Italian automotive gasoline, Diesel fuel, diesel, Liquefied petroleum gas, LPG, lubricants, fuel oil, and bitumen retailer established in 1926 and Subsidiary company, subsidiary ...
KCO. The offices of NCOC are in Atyrau, Kazakhstan. As of July 2015, the company employed 2584 personnel. Managing Director is Giancarlo Ruiu.


Production

Production began on 11 September 2013 and was halted on 24 September 2013 after experiencing pipe failures. The project went through a complete pipe replacement. Production from the
Kashagan Field Kashagan Field (, ''Qaşağan ken orny'') is an offshore oil field in Kazakhstan's zone of the Caspian Sea. The field, discovered in 2000, is located in the northern part of the Caspian Sea close to Atyrau and is considered the world's largest d ...
resumed in October 2016 with an initial production of 75,000 barrels per day.


References


External links

* {{official website, http://www.ncoc.kz/en/ncoc/default.aspx Non-renewable resource companies established in 2009 Oil and gas companies of Kazakhstan 2009 establishments in Kazakhstan