Eurasia Journal News

KazMunayGas and China’s CNOOC to Conduct Exploration in Kazakhstan

During his visit to China, A. Khasenov held meetings with the heads of leading Chinese companies China National Offshore Oil Corporation International Limited (CNOOC) and CITIC Group. This is reported by the KMG press service. During the meeting, issues of implementing joint initiatives in the field of exploration, oil production …

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Eurasia Journal News

Kazakhstan to Launch Large-Scale Offshore Project

In 2026, construction of offshore platforms will begin for the joint venture of KazMunayGas and LUKOIL. In Kazakhstan, development of the Kalamkas-Sea and Khazar offshore oil and gas fields is beginning. The project is planned to attract more than $6 billion in direct investment. Up to 2,000 new jobs will …

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Eurasia Journal News

KazMunayGas and Lukoil Have Formed an Operator for a Joint Project

The national oil and gas company of Kazakhstan KazMunayGas (KMG) and the Lukoil company are completing the procedures for forming the operator Kalamkas-Khazar Operating LLP of the Caspian offshore production project Kalamkas-Sea, Khazar, Auezov, the KMG press service reported. According to the press service, the head of KMG Magzum Mirzagaliev …

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Eurasia Journal News

KazMunayGas Increased Oil and Condensate Production in the First Half of the Year

The National Oil and Gas Company of Kazakhstan Kazmunaigas (KMG) produced 11.86 million tons of oil and gas condensate in six months of 2023, which is 10.1% more than in the first half of 2022, the company’s press service reported. “The volume of oil and gas condensate production by KMG …

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