KazMunayGas Commissioned the Eastern Urikhtau Field
In the Mugalzharsky district of the Aktobe region, the commissioning of the Eastern Urikhtau field took place on December 4, Kazinform reports. As the official Telegram channel of the Samruk-Kazyna Foundation reported, the launch of the field will allow obtaining additional volumes of commercial and liquefied gas for the Aktobe …
TMK-Kaztrubprom: Listed as a Samruk-Kazyna Fund Qualified Supplier
The TMK subsidiary TMK-Kaztrubprom has become one of the first companies in its line of business to become a potential supplier in accordance with the Sovereign Wealth Fund Samruk-Kazyna Procurement management standard after successful completion of the prequalification procedure. As per the effective rules, prequalification is mandatory for all companies …
KMG: Selling 50% of Kashagan to Samruk-Kazyna To Raise $4.7bn and Reduce Debts
Kazakh state oil company KazMunayGas (KMG) said on Wednesday it plans to sell 50 percent of its stake in the Kashagan oilfield to the sovereign wealth fund Samruk-Kazyna and use the proceeds to reduce its debt. KMG holds 16.81 percent in an international consortium which develops Kashagan in the Caspian …