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Russia and Caspian upstream in brief

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The Russia and Caspian upstream in brief provides Wood Mackenzie's expert opinion and analysis of the key events impacting the upstream industry in the region. We draw upon our upstream database and data tools to help deepen our clients' understanding of the region. The report primarily focuses on exploration and appraisal drilling, project developments, production, licensing, fiscal and regulatory changes, geopolitics, and corporate and M&A activity.

Table of contents

  • Global upstream updates: our favourite slides and topics
  • Kazakhstan to auction 11 onshore blocks in May
  • KazMunaiGas starts eight-well exploration campaign at onshore Taisoigan block
  • Caspian Pipeline Consortium pump station hit by Ukrainian drone attack
  • Turkmenistan signs another gas swap deal to supply Türkiye
  • SOCAR buys 10% in Israel's Tamar field from private investor Aaron Frenkel
  • Hungary’s MOL reaches oil transport agreements along Druzhba pipeline
  • Apollo acquires 20% stake in BP Pipelines TAP Limited
  • Rosneft announces H1 2024 results
  • Gazprom announces H1 2024 results
  • Karachaganak KEP-1A sub-phase completes
  • Fighting erupts at Sudzha gas metering station
  • 262 more item(s)...

Tables and charts

This report includes the following images and tables:

  • May 2025 auction
  • Kazakhstan recent exploration wells
  • CPC pipeline route and key sources of throughput
  • Turkmenistan gas exports in 2025
  • Druzhba pipeline route to Hungary and Slovakia through Belarus and Ukraine
  • Southern Gas Corridor value chain – TAP’s ownership split
  • Karachaganak liquid production outlook
  • Sudzha GMS (image taken prior to August 2024)
  • Offshore production in Azerbaijan by company
  • NOG related gas assets and infrastructure in northwest Kazakhstan
  • Gas export routes in Turkmenistan, Iran and Iraq
  • Central Asia gas export infrastructure
  • 168 more item(s)...

What's included

This report contains:

  • Document

    Russia and Caspian upstream in brief

    PDF 29.46 MB