Quantum Solutions have been awarded a Proteus Consulting Contract for Aker Solutions on the Kashagan Project, with project extension options, for potential future use.

The Kashagan Oil Field is listed in Wikepedia as:
“An oil field located in Kazakhstan. The field is situated in the northern part of the Caspian Sea close to the Kazakhstan city of Atyrau. The field was discovered in 2000. One of the larger discoveries of this decade, it is estimated that the Kashagan Field has commercial reserves from 9 billion barrels (1.4×109 m3) to 16 billion barrels (2.5×109 m3) of oil. The field is offshore in a harsh environment, where sea ice is present in the winter and temperatures from -35 °C (-31 °F) to 40 °C (104 °F) can be encountered. Commercial production is expected to start by the end of 2012, according to Kairgeldy Kabyldin, the Chief Executive of Kazakhstan's state oil and gas company KazMunaiGas. It has been designated as the main source of supply for the Kazakhstan-China oil pipeline. Kashagan which is considered world's largest discovery in the last 30 years and Tengiz rival to the 22 billion barrels of the US oil reserves.“
 
The field is operated by international consortium under the North Caspian Sea Production Sharing Agreement (NCPSA). The Agreement is made up of 7 companies consisting of Eni (16.81%), Shell (16.81%), Total (16.81%), ExxonMobil (16.81%), KazMunaiGas (16.81%), ConocoPhillips (8.4%), Inpex (7.56%). The original group included BG Group instead of KazMunaiGas, but BG Group sold its stake to the partners in 2004. KazMunaiGas further increased its stakes in January 2008, after its 6 partners and the Government of Kazakhstan agreed on a compensation for the probable 5-year delay that was taken in developing the field. Eni operated this project under the JV (Joint Venture) company name of AgipKCO (Agip Kazakhstan North Caspian Operating Company N.V.). Following the agreements reached on 31 October 2008 between the Kazakhstan authorities and co-venturers under the NCPSA, operatorship of the NCPSA was formally transferred from AgipKCO to the new North Caspian Operating Company BV (NCOC) on 23 January 2009.

The whole project is expected to cost $136 billion and it is expected to start production from the project's experimental program is late 2012 with production of 75,000 barrels of oil per day. It should reach a production rate of 1.5 million barrels per day towards the end of 2010's.

Quantum Solutions are very proud to be part of this large, prestigious Kashagan Project, in the knowledge that our Proteus Software is really making a dramatic impact for the better, within their Project Planning operation and execution – dramatically saving time and substantially reducing project costs.

We hope to be able to bring you a “Case History” study of how Proteus really helped with this project sometime in the future, once we have permission from Aker Solutions.