NC KMG and KMG EP have signed a Memorandum on possible participation in offshore blocks on the Caspian sea
NC KazMunaiGas and JSC KMG EP have signed a Memorandum of Understanding providing KMG EP with access to the detailed geophysical, financial and economic data of a number of oil and gas projects, including those located in the Kazakhstan sector of the Caspian sea. The list of projects includes, in …
KMG EP announces acquisition of four contracts for exploration of hydrocarbons
JSC KazMunaiGas Exploration Production today announces agreements reached with the JSC National Company KazMunayGas (“NC KMG”) to acquire four hydrocarbon exploration contracts. As per the agreement, KMG EP acquires the following four contracts: Temir, Teresken, Karaton-Sarkamys and the territory adjacent to Uzen and Karamandybas. Temir and Teresken blocks are located in the …
KMG EP reappoints Askar Balzhanov as the Chief Executive Officer
JSC “KMG EP” (“KMG EP” or the “Company”) announced that at anextraordinary meeting of the Board of Directors held today, Askar Balzhanov was elected GeneralDirector (CEO). The main shareholder of KMG EP – National Company KazMunaiGas (KMG) – proposed thereplacement of Kenzhebek Ibrashev, due to his transfer to another important …