RDCR & KDR 2020 – 6 Weeks Left!
Join us Online for a Combined RDCR & KDR on the 4th December 2020 With only 6 weeks left until the largest virtual gathering of Russian and Kazakh drilling and production specialists – check your agenda and make sure you have REGISTERED! In every crisis, there is opportunity. For one …
RDCR & KDR Combine and Go Virtual in 2020!
Join us Online for a Combined RDCR & KDR on the 4th December 2020 Due to the current worldwide travel restrictions, the organising committee will combine RDCR and KDR in 2020 to host what will be the largest virtual gathering of Russian and Kazakh drilling and production experts yet seen …
JSC NC KazMunayGas 1Q 2020 Trading Update
Joint-stock (JSC) National Company (NC) KazMunayGas (“KMG” or “Company”), Kazakhstan’s national vertically integrated oil and gas company, announces its operating results for the first quarter of 2020. Highlights for the first quarter of 2020: Oil and gas condensate production was stable year-on-year and amounted to 5,929 thous. tonnes; Oil and …
Central Office New Organizational Chart Approved by KMG Board of Directors
The Board of Directors of KazMunayGas (KMG) approved the new organizational chart during the meeting held on 29 April 2020. The resolution was approved as part of the action plan to balance the company’s financial standing and mitigate the adverse effect of market factors. The new KMG Central Office organizational …
5th KDR Well Engineering Forum Achieves Record Delegate Attendance
TMG Worldwide hosted the 5th Anniversary KDR Well Engineering Forum on the 12th September at the Palace of Independence in Nur-Sultan. Held in partnership with KMG Engineering and JSC NC KazMunayGas, KDR 2019 saw a record number of delegates attend the forum. Over 270 delegates, a year on year increase …
Azerbaijan Gets Jack-Up Rig for Caspian Sea Ops from Kazakhstan
Kazakhstan’s state-owned oil and gas company KazMunayGas (KMG) has delivered a jack-up drilling rig named Satti to Azerbaijan’s SOCAR for operations in Azerbaijan’s sector of the Caspian Sea. The Satti rig arrived in Baku on Wednesday, June 19. The welcoming ceremony was attended by Alik Aidarbayev, the Chairman of the Management Board …
Eni in Kazakhstan for All-Round Cooperation in Technological Upstream Ventures and Cultural Initiatives
Eni’s subsidiary Agip Caspian Sea B.V today has signed two Memorandum of Understanding (MoU) in Nur-Sultan, Kazakhstan. The agreements sanction the company’s commitment towards projects aimed at promoting technological cooperation in the oil and gas upstream exploration and production, as well as the unveiling of an initiative for the creation …
NC KazMunayGas and BP signed Memorandum of Understanding
On May 17, 2019, NC KazMunayGas JSC and BP signed a Memorandum of Understanding, under which the companies agreed to examine the existing technical data, existing assets of KMG and third parties. The companies also intend to consider the possibility of further cooperation. source
Kazakhstan & Italy Ink New Energy Deal
Companies from Kazakhstan and Italy may soon be conducting joint exploration of the Abay oil and gas block in Kazakhstan’s sector of the Caspian Sea. Earlier this week representatives signed a joint operating agreement (JOA) and negotiated a carry agreement (CA) for the purpose of investing in the upstream project. Kazakhstan’s state-owned …
Astana Hosted the 4th KDR Well Engineering Forum (KDR 2018)
September 13th, saw the 4th edition of the KDR Well Engineering Forum, www.kazdr.kz, take place at the Palace of Independence in Astana. The KDR, the highest level yearly gathering for the Kazakh drilling and production sector, brought together over 200 industry experts, from over 110 companies for one day of …