WorldOil Giant Kashagan oilfield resumes output after power disruption Kazakhstan’s giant Kashagan oilfield is resuming production after power disruptions cut output this week. Kazakhstan overtakes Iraq as OPEC pact's biggest over-producer Kazakhstan has overtaken Iraq to become the biggest over-producer in the pact between OPEC and its allies to curb oil output. Chevron announces $18.3-billion capital, exploratory budget for 2018 Chevron Corporation has announced a 2018 capital and exploratory spending program of $18.3 billion. This figure includes $5.5 billion for the company’s share of expenditures by affiliated companies. Iraq, UAE, Kazakhstan affirm commitment to output cuts, OPEC says OPEC said Iraq, the United Arab Emirates and Kazakhstan -- who have lagged in their implementation of a deal to cut production -- affirmed their commitment to the accord at a meeting in Abu Dhabi. Caspian success sees ATR unveil new facilities, staff in Kazakhstan ATR, a Centurion company, has opened a new base in Kazakhstan as the company looks to capitalize on recent business growth in the region. The business will initially employ 12 new personnel, 10 of which are local content, with plans to double the team over the next 12 months. Tethys Petroleum completes installation of ESP in Kazakhstan Tethys Petroleum Limited has announced that it has successfully completed the installation of an Electrical Submersible Pump (ESP) in its main oil producing well, AKD-01. Fluor JV awarded FEED contract for Tengizchevroil multi-phase pump project in Kazakhstan Fluor Corporation has announced its JV team, KPJV, has been selected by Tengizchevroil LLP (TCO) to execute the front-end engineering and design (FEED) for the multi-phase pump project in Kazakhstan. Fluor selected as engineering services provider by NCOC in Kazakhstan Fluor Corp announced that it was awarded a two-year engineering services framework agreement with North Caspian Operating Co (NCOC) for conceptual studies and front-end engineering for its projects in the Caspian region. Partners in Shell oil field face tax claim, Kazakh president says Kazakhstan’s authorities are looking at whether the Karachaganak oil and gas venture, which includes Royal Dutch Shell and Eni, has unpaid taxes. Brazil to join Russia, Kazakhstan in OPEC cooperation talks Brazil, the fastest-growing oil producer outside OPEC, will join talks with the exporters group in Vienna on Saturday about potential cooperation.