NORTH CASPIAN
OPERATING COMPANY
NCOC
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NCOC
North Caspian Operating Company B.V. (NCOC) became the delegated operator of activities under the North Caspian Sea Production Sharing Agreement on the 22 January 2009, in line with Agreements signed on the 31 October 2008 between the Republic of Kazakhstan and the NCSPSA co-venturers (also named "Contracting Companies").
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NCOC
HISTORY OF NCOC
ROLE AND RESPONSIBILITY
In October 2008 the Republic of Kazakhstan reached an agreement with the seven companies participating in the North Caspian Sea Production Sharing Agreement to form a new joint operating company, North Caspian Operating Company B.V.
As delegated Operator of activities under the NCSPSA, NCOC defines and steers the overall strategy of the NCSPSA venture, ensures planning and coordination, manages geosciences and conceptual studies, and interfaces with stakeholders – in particular with authorities.
NCSPSA
History in milestones.
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