President of LUKOIL Meets with Head of Kazmunaygas
Vagit Alekperov, President of PJSC LUKOIL, had a meeting today with Alik Aidarbayev, Chairman of the Management Board of JSC NC KazMunayGas, in Nur-Sultan. The meeting took place during Vagit Alekperov’s working visit to the Republic of Kazakhstan. The parties discussed current cooperation issues and business opportunities. Among other things, …
KazMunayGas Group: On the Current Situation
Joint-stock National Company KazMunayGas (“KMG”) informs on the stable assets’ operation during the state of emergency in the Republic of Kazakhstan. Oil & gas producing, oil transporting, oil refining, gas processing, service and the other Group assets did not stop their production processes and maintain operations in a normal condition. …
Head of Lukoil Visits Kazakhstan
The President of the Republic of Kazakhstan Kassym-Jomart Tokayev met with President of LUKOIL Vagit Alekperov in the city of Nur-Sultan, today. The parties discussed LUKOIL’s progress in projects in Kazakhstan and plans for the future cooperation. During his business trip to Kazakhstan, Vagit Alekperov also had meetings with Prime …
Zarubezhneft: May Start Exploration in Kazakhstan
The state company Zarubezhneft is discussing with the NC KazMunayGas participation in onshore exploration projects in Kazakhstan. Possible options include Urikhtau and Ural Oil & Gas in Aktobe and West Kazakhstan regions. “We have opened a data room for some new exploration projects. The Russian company has experience of working in …
KazMunayGas and Shell Agree on Cooperation in Carbon Capture, Utilization and Storage
JSC “NC KazMunayGas (KMG) and Shell Kazakhstan B.V. (Shell) signed today a Memorandum of Cooperation in the area of CO2 Capture Utilization and Storage Technology (CCUS). The Signing Ceremony was attended by KMG Board Chairman Alik Aidarbayev and Senior Vice President and Shell Kazakhstan Country Chair German Burmeister. The Memorandum …
President of LUKOIL and President of Kazakhstan Discuss Cooperation Prospects
President of the Republic of Kazakhstan Kassym-Jomart Tokayev received President of LUKOIL Vagit Alekperov in Nur-Sultan. LUKOIL’s leader presented an account of the Company’s last year activities in Kazakhstan, including implementation of joint projects by LUKOIL and KazMunayGas. The parties discussed the current state and future prospects for Zhenis and Al-Farabi offshore projects, as …
LUKOIL Signs Contract to Acquire Share in Al-Farabi Offshore Project in Kazakhstan
President of PJSC “LUKOIL” Vagit Alekperov and Chairman of the Management Board of JSC NC “KazMunayGas” Alik Aidarbayev signed a sale and purchase agreement for a 49.99% stake in the charter capital of Al-Farabi Operating LLP. The signing ceremony took place today at the St. Petersburg International Economic Forum (SPIEF). Following satisfaction of …
Kazakhstan Delegation Visits LUKOIL’s Industrial Facilities in the Astrakhan Region
The delegation of the Republic of Kazakhstan visited LUKOIL’s facilities in the Astrakhan region. Among the delegation members were Chairman of the Management Board of the Samruk-Kazyn Sovereign Wealth Fund Almasadam Satkaliyev, Vice-Minister of Energy of the Republic of Kazakhstan Zhumabay Karagaev, and Chief Executive Officer of KazMunayGas National Company Alik Aidarbayev. With LUKOIL …
TATNEFT and KazMunayGas Develop Projects in Kazakhstan
TATNEFT and NC KazMunayGas signed agreements on the development of joint projects in the Republic of Kazakhstan. The companies signed an Agreement of Intent to develop joint projects in the domain of geological exploration and development of oil fields, as well as a Framework Agreement and a project roadmap for …
LUKOIL and KazMunayGas Sign Agreement on Al-Farabi Project
President of LUKOIL Vagit Alekperov and Chairman of the Management Board of JSC NC KazMunayGas (KMG) Alik Aidarbayev signed an agreement on the Al-Farabi Project (formerly I-P-2 license block) in the Kazakh Sector of the Caspian Sea. The agreement defines rights and obligations of LUKOIL and KMG as future license …