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ENI and KMG Sign Isatay Agreement

The agreement will result in KMG and Eni each holding 50% of exploration and production rights in Isatay, an offshore exploration area located in the north Caspian Sea In the presence of the President of the Republic of Kazakhstan, Nursultan Nazarbayev, and the Italian Prime Minister, Matteo Renzi, KazMunayGas’ (KMG) Chairman …

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Rosneft Agrees Principal Terms to Ship Crude Oil via Kazakhstan

Rosneft President and Chairman of the Management Board Igor Sechin took part in the 10th Forum for Interregional Cooperation between the Russian Federation and Kazakhstan, which was held on November 11, 2013 in Yekaterinburg involving Presidents of the Russian Federation and Kazakhstan Vladimir Putin and Nursultan Nazarbayev. As part of …

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Keppel Kazakhstan and Consortium Partner Secure KFELS B Class Jackup Contract for US$242 million

Keppel Kazakhstan LLP  and its consortium partner Ersai Caspian Contractor LLC, Kazakhstan, have secured a contract from Teniz Burgylau LLP, an indirect wholly-owned subsidiary of JSC NC “KazMunayGas” of Kazakhstan, for a KFELS B Class jackup rig worth US$242 million. Scheduled for delivery in 1Q 2015, the jackup rig will …

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KazMunaiGas Exploration & Production Board of Directors elects Chairman

KMG EP held a regular meeting of the Board of Directors. At the meeting, Lyazzat Kiinov, Chairman of the management board of JSC National Company KazMunayGas, was elected Chairman of the Board of Directors of KMG EP. The Board of Directors of the Company has approved the date and the agenda …

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