North Caspian Operating Company N.V. (NCOC) is the operator of the North Caspian Sea Production Sharing Agreement in Kazakhstan. The company manages the development of the giant Kashagan oil field in the Caspian Sea, along with other discoveries in the contract area. NCOC operates on behalf of an international consortium that includes KazMunayGas, Eni, ExxonMobil, Shell, TotalEnergies, CNPC, and Inpex.
NCOC oversees offshore production from artificial islands in shallow waters and onshore processing at the Bolashak facility near Atyrau. Its operations handle sour crude and associated gas, including stabilization, gas treatment, and sulfur recovery and granulation. The company’s activities span field development, drilling, production operations, and maintenance of extensive surface and subsea infrastructure. NCOC plays a significant role in Kazakhstan’s upstream oil and gas sector, supplying stabilized crude for export and processed gas and by-products to downstream users. The company emphasizes operational safety and environmental management in a sensitive marine ecosystem.
Also known as NCOC.
None yet. When a new project in the record names North Caspian Operating Company N.V. as owner, partner or investor, it shows here.
Oil and gas production rose by 10%, while transportation fell by 1.1%. Hydrocarbon processing increased by 11.7%. Notable growth at Tengiz and Karachaganak; slight decline at Kashagan.
IMBC and partners focus on enhancing local manufacturing capabilities, aligning with international standards, and increasing local content in oil and gas projects in Kazakhstan.
TCO signed contracts worth $10.5M with local firms for equipment at the Kazakhstan Machine Builders Forum, boosting local content in oil and gas projects.
