Eurasia Journal News

KMG EP: Abat Nurseitov Resigns as CEO

JSC KazMunaiGas Exploration Production announces that the Abat Nurseitov, Company’s CEO, has tendered his resignation as the Company’s CEO (Chairman of the Management Board) and member of the Board of Directors due to his transfer to another job, which was accepted by the Board of Directors. The decision on the …

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Eurasia Journal News

KMG EP: Aksay Oil and Gas Field Put on Stream

KazMunaiGas Exploration Production JSC  announces that JV Kazgermunai’s Aksay oil and gas field located in Kyzylorda region has been put on stream. At the commissioning ceremony, KMG EP Chief Executive Mr Abat Nurseitov said: “Aksay field commissioning will allow Kazgermunai to maintain oil production at current level. Also, additional volumes …

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KMG EP: Issues 1H 2014 Figures Plus Finds Solution to Radioactive Build-Up

JSC KazMunaiGas Exploration Production announces its operating results for the first half of 2014, an update on the modernization programme, details of a memorandum signed with the environmental agency, information on the start of trial production on Liman block and an update on the decision on the sale of shares …

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KMG EP: Strikes New Find at the Rozhkovskoye Field

KazMunaiGas Exploration Production Joint Stock Company announces a new discovery in the Bashkirian tier’s sediments of the Carboniferous period in the Rozhkovskoye field. Inflow of light dry crude oil and gas with maximum flow rates of 1.9 kboe/day and 6 million cubic feet/day, respectively, with 24/64″ (9.5 mm) choke, was …

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KMG EP: First Half 2013 Results – Production at OMG Up 9%

JSC KazMunaiGas Exploration Production  announces its operating results for the first half of 2013, results of the ongoing Modernisation Programme, operating results of two new servicing companies, drilling results at Fedorovskiy block and start of Trial Production at Liman block. Highlights: – In the first half of 2013 KMG EP …

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KMG EP Appoints Abat Nurseitov as New Chief Executive Officer

JSC “KMG EP” announces that Abat Nurseitov has been appointed the General Director (CEO) by the Board of Directors. Abat Nurseitov previously worked as the Deputy General Director for Production. He has succeeded Alik Aidarbayev who resigned due to his appointment as Akim of Mangistau region. The newly appointed CEO …

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