LUKOIL Faces Logistics Challenge in Kazakhstan Project Due to Caspian Sea Shallowness
KazMunayGas (“KMG“) and LUKOIL will build a channel in the Caspian Sea to develop the Kalamkas-Sea and Khazar fields. This is stated in the project participants’ environmental impact assessment report. The contract area is located in the Kazakh sector of the Caspian Sea, 120 km southwest of the Kashagan field. …
KazMunayGas and China’s CNOOC to Conduct Exploration in Kazakhstan
During his visit to China, A. Khasenov held meetings with the heads of leading Chinese companies China National Offshore Oil Corporation International Limited (CNOOC) and CITIC Group. This is reported by the KMG press service. During the meeting, issues of implementing joint initiatives in the field of exploration, oil production …
The Desalination Plant in Karazhanbas Has Started Operating at Full Capacity
The reservoir water desalination plant at the Karazhanbas field has reached its design capacity of 17 thousand cubic meters per day. Chairman of the Management Board of JSC NC KazMunayGas (KMG) Askhat Khasenov made a working trip to the Karazhanbas field and got acquainted with the work of the enterprise, …
KazMunayGas Plans to Produce an Additional 70 Million Tons of Oil Due to Hard-to-Recover Reserves
Kazakh oil company KazMunayGas JSC (KMG) intends to increase production in the future due to hard-to-recover oil, new technologies will be used for this. This was announced by the company‘s press service. “Regarding the increase in production, it was noted that 50% of oil reserves are difficult to recover. The …
KazMunayGas Introducing New Technologies to Increase Oil Production Rate at Brownfields
KazMunayGas (KMG) discussed the implementation of measures of the roadmaps for technological challenges at the company’s fields. The KMG press service reported this on June 30, 2024. Hard-to-recover reserves The main difficulties at KMG’s mature fields are associated with the development of hard-to-recover reserves (HTR). Currently: The roadmap of technological …
KazMunayGas is Implementing New Technologies to Increase Average Daily Production Rate at Mature Fields
KazMunayGas (KMG) discussed the implementation of measures of the roadmaps for technological challenges at the company’s fields. This was reported by the KMG press service on June 30, 2024. Hard-to-recover reserves The main difficulties at KMG’s mature fields are associated with the development of hard-to-recover reserves (HTR). The roadmap of …
KazMunayGas Is Preparing for the Full-Scale Development of the Central and East Urikhtau Deposits
The Chairman of the Board of KazMunayGas (KMG) A. Khasenov during a working trip on June 21, 2024 visited the production facilities of Urikhtau Operating, Kazakhoil Aktobe LLP and Kazakhturkmunay in the Aktobe region. This was reported by the press service of the company. Currently, KMG is preparing the concept …
Kassym-Jomart Tokayev Instructed to Attract Large Investors to Geological Exploration in Kazakhstan
The President of the Republic also drew special attention to the need for uninterrupted operation of the refinery. President of Kazakhstan Kassym-Jomart Tokayev, during a meeting with the head of the Kazakh national company Kazmunaygas (KMG) Askhat Khasenov, gave instructions to attract large investors into geological exploration and the petrochemical …
Magzum Mirzagaliev Left the Post of Chairman of the Board of KazMunayGas
Magzum Mirzagaliev left the post of Chairman of the Board of JSC NC KazMunayGas, Askhat Khasenov was appointed acting in this position until the extraordinary general meeting of shareholders, reports the press service of the Samruk-Kazyna Fund. Askhat Khasenov was born in 1983. He graduated from the Kazakh National Technical …
KazMunayGas Allocated More Than 60 Billion Tenge for the Rehabilitation Project for the Uzen and Karamandybas Fields
The Chairman of the Board of KazMunayGas (KMG) M. Mirzagaliev held a meeting on the project for the rehabilitation of the Uzen and Karamandybas fields. Project budget for 2023-2024 amounted to 68 billion tenge (about 154 million US dollars). This was reported by the KMG press service. Participating in the meeting …