Energy for Growth

Our Project in Iraq

Our Project in Iraq

Kurdistan Region of Iraq (2008-present)

The group is represented in the Kurdistan Region of Iraq by the operator KOMET GROUP S.A. (”KOMET”). KOMET is a privately owned joint-stock company founded in 2007 in the British Virgin Islands, having its main scope of activity exploration and development of oil and gas fields....

Our Project in Southern Sudan

Our Project in Southern Sudan

In June, 2005, ASCOM Group S.A. has signed a Production Sharing Contract for petroleum operations in Block 5B (20 120 sq.km) of Southern Sudan with the Government of Southern Sudan and has been assigned as Operator holding 95% of working interests. During the initial exploration period (5 years), the following works have been carried out: topographic surveys and mapping, acquisition, processing and interpretation of 2 029 km of 2D seismic profiles, drilling of 3 exploration wells, EIAs covering all exploration activities, civil and infrastructure works inside of the block i.e: 136 km of roads constructed, a 3000 meters long airstrip, over 80 km of navigable canals, an extensive tank farm for fuel storage, storage warehouse for tubulars, chemicals, spare parts, auxiliary, dock yard for...

Tristan Oil Ltd

Tristan Oil Ltd. is a company organized under the laws of British Virgin Islands. The Company’s registered offices are located at Graigmuir Chambers, Road Town, Tortola, British Virgin Islands. The founder of Tristan Oil Ltd., Mr. Anatol Stati, started his activity in the oil and gas business back in 1995, in Turkmenistan, by signing two major contracts with the Ministry of Oil and Gas of Turkmenistan for two projects. The first contract was for the rehabilitation and restoration of old wells in two of the largest fields of Turkmenistan. The second contract was for the repair and upgrade of field equipment. The overall investment during the 5 years of activity in Turkmenistan was over $100 mln. Please visit our website for more...

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Our Project in Kazakhstan

Our Project in Kazakhstan

We have been engaged in the exploration and development of oil and gas fields and the production of oil, condensate and gas in the Pre-Caspian basin of Western Kazakhstan. We have operated two fields. KPM has operated the Borankol field and TNG has operated the Tolkyn field, each pursuant to subsoil use contracts with the government of Kazakhstan. KPM and TNG began exploration of the Borankol and Tolkyn fields in 2000 and 2001, respectively. TNG is also engaged in exploration activity on the Tabyl Block. Since 2000, approximately $989.6 million has been invested in exploration and development work of the Borankol field, Tolkyn field and Tabyl Block collectively. Production testing began from the Borankol and Tolkyn fields in 2001 and 2003, respectively. During the year ended March 31,...