The CaspianOil Special Report 2017 focuses on the wider Caspian Basin, which includes both onshore and offshore fields in the five countries that share it – Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan.
This report provides a comprehensive overview of the region's production prospects and the risks and issues associated with exploration in the area. Its exclusive insight is ideal for operators and analysts working or planning to work in the region.
The area is conservatively estimated to have around 48 billion barrels of oil and 292 tcf (8 tcm) of natural gas in proven and probable reserves.
The recent launch of Kashagan, one of the most prolific oilfields in the world, marks the beginning of a second generation of upstream projects in the region.
Russia is earmarking billions of dollars of investment over the next decade to fortify its position in the Caspian, while there is also growth potential in Iran and Turkmenistan.
Even Azerbaijan, which for years has suffered output decline at its offshore fields, is now scrambling to fund further exploration.
It includes insight into key projects such as Kashagan, Shah Deniz and Azeri Chirag Guneshli.