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  1. 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 discovery in the last 30 years, combined with the Tengiz Field. When discovered, it was the second largest oil field in the world.

  2. The Korchagin field was the first field in the world to use an ice-class floating storage offloading vessel to protect against the harsh conditions of the northern Caspian Sea. The oil passes through 36 miles of underwater pipelines to floating oil tanks.

  3. Jan 22, 2021 · After nearly 30 years of talks, arguments, and threats, Azerbaijan and Turkmenistan have agreed to jointly develop a disputed hydrocarbon field that lies in the Caspian Sea about midway between...

  4. Oct 18, 2019 · Kashagan is a massive shallow-water oil field located approximately 80km offshore Atyrau, Kazakhstan, in the North Caspian Sea. Kashagan phase one is the first offshore oil field development project in Kazakhstan, which commenced commercial production in October 2016.

  5. Sep 11, 2013 · While most current Caspian oil comes from onshore fields, the biggest prospects for future growth in production are from offshore fields, which are still relatively undeveloped. Chief among these is Kazakhstan's Kashagan field, believed to be the largest known oil field outside the Middle East.

  6. Oct 28, 2015 · The harsh climate of the northern Caspian Sea—and gas rich in corrosive hydrogen sulfide—has complicated efforts to tap one of the largest gas and oil reserves discovered in decades.

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  8. Mar 1, 2010 · The super-giant Kashagan field, largest in the Caspian, is huge even in global terms, with an estimated 13 Bbbl of oil reserves. Its development is proving to be one of the world’s largest and most complex engineering projects.

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