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Agip KCO took over as operator of Kazakhstan's North Caspian production-sharing agreement (NCPSA), developing the vast Kashagan oilfield in spring 2001, as the compromise candidate in a consortium made up of BG, ENI, ExxonMobil, Shell, and Total SA, with 16. Major orders in the quarter included the Jiangsu Zhenjiang Power Generation plant and SINOPEC, AGIP KCO and the Dakota Gasification Company. Under the terms of the letter of intent, Agip KCO has made an initial payment to the Company of approximately $30 million. |
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