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#4 (106), August 2017

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Towards the Improvement of Efficiency and Transparency

Towards the Improvement of Efficiency and Transparency

The NC KazMunayGas JSC Group of companies is a huge system, which was created over the last 15 years. Currently the  structure of KMG consists of companies operating in the fields such as oil and gas, oilfield services, offshore, shipping and airline companies, research institutes, academic institutions and other specialized units. A total of 199 companies and 90 thousand employees.

Twenty Years Of Successful Partnership

Karachaganak at a Glance

Karachaganak at a Glance

Since signing the FPSA to June 30, 2017:
According to the 2017 half year results*

Renato Maroli, General Director of KPO: «We are Moving Towards the Sustainable Development»

Renato Maroli, General Director of KPO: «We are Moving Towards the Sustainable Development»

Dear Mr. Maroli, first of all I would like to congratulate you and all your team with 20-year anniversary of the Karachaganak agreement. Could you briefly describe the Company’s production achievements  approaching this date?

Karachaganak: Yesterday, Today, Tomorrow

It is impossible to imagine an extensive history of the development of oil and gas complex of the Republic of Kazakhstan without the Karachaganak development project - the world’s largest oil, gas and condensate field, which is rightly regarded as the locomotive of the economy not only of West-Kazakhstan Region, but also as one of the flagships of the industry as a whole.

Synthesis of Experience and New Technologies

Synthesis of Experience and New Technologies

In Western Kazakhstan region, the name of Karachaganak is associated with highest qualitystandards. Components of its well-established image include the advanced technologies, most modern equipment and high qualification of the personnel.

The Development of Local Suppliers is the Priority

The Development of Local Suppliers is the Priority

KPO and Karachaganak Project partners fully support Government programs and initiatives aimed at the local content increase and industrial-innovative development of the country.

Social Vector of Cooperation

Social Vector of Cooperation

Karachaganak Petroleum Operating B.V. makes a significant contribution to the social reorganization of the West-Kazakhstan Region

The Green Bridge to the Future of Karachaganak

The Green Bridge to the Future of Karachaganak

At the end of May, on the eve of the opening of the International Exhibition EXPO-2017 in Astana, in Uralsk, the administrative center of the West-Kazakhstan Region, on the initiative of Karachaganak Petroleum Operating B.V. that is operating in the region, the first International Uralsk Green Forum (UGF) was held.

KPO Reports 2017 Half Year Performance Results

KPO Reports 2017 Half Year Performance Results

Karachaganak Petroleum Operating B.V. (KPO) has announced 2017 half year performance results.

Projects

TOTAL: Committed to better energy

TOTAL: Committed to better energy

Fromclimatechangetopopulation growthandnewcustomer expectations,energyis closely linked tothe keyissuesfacingourworld today.

The Romanian authorities approved the sale of 51% of KMGI

The Romanian authorities approved the sale of 51% of KMGI

The deal between NC KazMunayGas JSC and China Energy Company Limited received the approval of Romanian authorities

Kazakhstan Maritime Academy Graduates: Sailing to Future

Kazakhstan Maritime Academy Graduates: Sailing to Future

Kazakhstan Maritime Academy was established in 2012 under the auspices of the Kazakh-British Technical University (KBTU). Sponsor of this project is Tengizchevroil (TCO), who contributed $25 million.

Technology

Subsurface Integration and Surreillance

Subsurface Integration and Surreillance

Optimal data integration for faster, better decisions

Oil Price

The OPEC agreement: what will happen after March 2018?

The OPEC agreement: what will happen after March 2018?

Meeting of the Committee responsible for monitoring compliance with the Global Oil Production Cut Agreement by OPEC and non-OPEC countries for the first time took place in the third week of July in Russia.

Legislation

Is Kazakhstan's Oil and Gas Tax Regime “fit for purpose” today and tomorrow?

Is Kazakhstan's Oil and Gas Tax Regime “fit for purpose” today and tomorrow?

Gulnar Bokpayeva, Senior Manager, Tax & Law Services, Corporate Tax, EY

Presentation

Opening of the XI KAZENERGY Eurasian Forum - the milestone in the history of EXPO – 2017

Opening of the XI KAZENERGY Eurasian Forum -  the milestone in the history of EXPO – 2017

The main international event of the energy sector – XI KAZENERGY Eurasian Forum on the theme “Creating the future energy” – will be held on September 7-8 2017 in Astana.

Motul presents its updated and expanded line of 6100 Technosynthese® motor oils.

Motul presents its updated and expanded line of 6100 Technosynthese® motor oils.

Modern operating conditions of cars have increased demands for motor oil. This is a consequence of traffic jams, high temperature loads and air dustiness of urban environment. 

The prospects of development of health insurance in Kazakhstan

The prospects of development of health insurance in Kazakhstan

Saule Jundubayeva, Chairman of the Board of Directors of Interteach Kazakh Health Care and Medical Insurance Corporation JSC, DBA (Kazakhstan, Russia, Switzerland)