The Caspian’s Leading Technical Event for E&P Professionals is Approaching
The SPE Annual Caspian Technical Conference will return in-person for its 9th edition across 15-17 November at the Hilton Astana, Kazakhstan. Hosted by national oil company KMG and supported by leading global oil & gas players including TCO, ExxonMobil, Schlumberger, Shell, Degolyer and McNaughton, and Halliburton, the SPE Caspian Technical …
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. …
MSFS with Retrievable Seats Done!
Temir Energy team in alignment with Rimera (Izhneftemash) and EQ Wells has installed another multistage completion system with patented retrievable seats (Surestack RT) on the well on Nurzhanov field for EmbaMunaiGas (KMG subsidiary, Kazakhstan) and Caspian Integrated Service (fracturing contractor) has successfully pumped 5 stages frac job. After the frac …
Collaboration, Partnership, and Transformation. The Caspian Oil and Gas Industry Goes Through Major Change, as Region’s Technical Oil and Gas Conference Goes Online
The largest Caspian oil and gas event came to a close today after going online for the first time in its history. The Caspian oil and gas industry has demonstrated resilience to overcoming low oil prices, the COVID-19 crisis and technological challenges by transforming them into sustainable opportunities. The special …
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 …
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 …
LUKOIL and KazMunayGas Sign Agreement on Joint Studies
President of PJSC LUKOIL Vagit Alekperov and Chairman of the Management Board of KazMunayGas Alik Aidarbayev have signed today in Almaty (Kazakhstan) an Agreement on Joint Studies. The two companies agreed on major terms of cooperation and expressed their willingness to begin studies on mineral resources in order to evaluate …
Nur-Sultan Hosts SPEs’ Inaugural HSE Symposium with Opening Keynote Address by the Ministry of Ecology
The Society of Petroleum Engineers (SPE) brings you the first symposium on Caspian Health, Safety, Security, Environment and Social Responsibility taking place in Nur-sultan, Kazakhstan on 24–25 September. Hosted by JSC NC “KazMunayGas” (KMG), the leading oil and gas company in Kazakhstan, it will bring together local, regional and global …
Lukoil concludes contract for hydrocarbon exploration and development on Zhenis Block in Kazakhstan
PJSC LUKOIL (“LUKOIL”), the Ministry of Energy of the Republic of Kazakhstan and JSC NC KazMunayGas (“KazMunayGas”) have concluded a contract for the exploration and development of hydrocarbons on the Zhenis block in the Kazakh Sector of the Caspian Sea. Zhenis Operating LLP (a fifty-fifty joint venture between LUKOIL and …