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 …
BP Set to Return to Kazakhstan After 11 Years
Under new plans, British multinational oil and gas giant BP will collaborate with state-owned KazMunayGas (KMG) company to explore for hydrocarbons in Central Asia’s wealthiest country. The companies have already picked some promising deposits, which are currently being examined. The Kazakh company, however, did not name any specific project, while BP has shown …
TATNEFT and KazMunayGas Signed a Cooperation Roadmap
TATNEFT Company and JSC “KazMunayGas” National Company” signed a “Roadmap” to ensure the implementation of the PJSC TATNEFT’s advanced experience in the oil and gas industry of the Republic of Kazakhstan. The document was signed during the visit of N.U. Maganov, General Director of TATNEFT to Nur-Sultan Republic of the …
Eni Receives Approval for the Abay Subsoil Use Right
The Kazakh Ministry of Energy, KazMunayGas and Eni signed a protocol of direct negotiations to grant the subsoil use right for exploration and production of hydrocarbons within joint operations on Abay, an offshore area in the Kazakhstani sector of the Caspian Sea. he Kazakh Ministry of Energy, KazMunayGas (KMG) and …