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New GPP will be built in Kashagan

#1 (121), February 2020 New GPP will be built in Kashagan

A modern gas processing plant will be built near the giant Kashagan offshore field. 

KPO Announces 2019 Performance Results

#1 (121), February 2020 KPO Announces 2019 Performance Results

AKSAI, West Kazakhstan Oblast, 6 February 2020 - Karachaganak Petroleum Operating B. V. (KPO) has announced its performance results for 2019.

Oil for Belarus

#1 (121), February 2020 Oil for Belarus
At the end of January, President of Belarus Alexander Lukashenko signed a decree authorizing the government to hold negotiations with Kazakhstan on trade and economic cooperation in the field of oil and oil products supplies to Belarus, as well as to develop a draft agreement and sign it if an agreement is reached within the approved project.

Khazar and Kalamkas-Sea Could not Stand the Competition

#6 (120), December 2019 Khazar and Kalamkas-Sea Could not Stand the Competition

The Ministry of Energy of Kazakhstan is developing a roadmap for the Khazar and Kalamkas-Sea projects after the withdrawal of investors – the Consortium of North Caspian Operating Company (NCOC) and Shell. This was reported in early November by the press-service of the Ministry of Energy of the Republic of Kazakhstan. 

Delayed Start

#6 (120), December 2019

After the completion of the modernization program of its refineries, Kazakhstan completely covered the demand of the domestic market for gasoline and diesel fuel. But it is still not possible to start exporting surpluses.

KPO Launches 5th Trunk Line Project

#6 (120), December 2019 KPO Launches 5th Trunk Line Project

AKSAI, West Kazakhstan Oblast, 6 December 2019 - Karachaganak Petroleum Operating B.V. (KPO) has announced successful start-up of the 5th Trunk Line Project and Gas Injection Well # 9863, which is the first out of three Gas Injection Wells for this project.

KPO Announced Successful Completion of Turnaround

#5 (119), October 2019

AKSAI, West Kazakhstan Oblast, 14 October, 2019 - Karachaganak Petroleum Operating B.V. (KPO) announced successful completion of 2019 Turnaround.

Van Oord in Kazakhstan

#5 (119), October 2019 Van Oord in Kazakhstan

In 2017, Van Oord finished local dredging operations on a 72-kilometres long channel in the Caspian Sea.

Disruptive Technologies in the Oil and Gas Industry

#5 (119), October 2019 Disruptive Technologies in the Oil and Gas Industry

The volatility of oil prices today depends not only on the geopolitical situation, but also on the emergence and introduction of new technologies and facilitation of processes. There is still no clear definition of what digitalization is: works (Artificial Intelligence), services (Clouds computing) or goods (IIOT). Nevertheless, this word successfully attracts funding: companies are ready to invest, waiting for the birth of a new solution that will bring even more profit. Few conferences, forums and business meetings do without the word “digitalization”. In order not to get confused in a difficult choice and not to become hostages of venture financing, it is necessary to clearly understand what trends are emerging today in the field of digitalization of the oil and gas industry in Kazakhstan.

BP Returns.

#3 (117), June 2019 BP Returns.

The Memorandum of Understanding signed on May 17 between the national company KazMunayGas and British Petroleum (BP) demonstrates not only the interest of one of the leaders of the world oil production in cooperation with KMG in the field of exploration, development, and production but also marks a new stage in the development of the oil and gas industry of the country and its national company.

Kazakhstan and Karachaganak Consortium Came to Agreement

#5 (113), October 2018 Kazakhstan and Karachaganak Consortium Came to Agreement

October 1, a three-year dispute between the government of Kazakhstan and shareholders of the international consortium Karachaganak Petroleum Operating B.V. (KPO) on the division of profit from the activities of the consortium has ended. On this day, the government represented by the Ministry of Energy of Kazakhstan, the Ministry of Finance of Kazakhstan and the competent authority – PSA LLP – and the shareholders of the Karachaganak project represented by Eni, Shell, Chevron, LUKOIL and KazMunayGas signed the "Principles Agreement" that set forth the major terms for the settlement of the dispute over the so-called "fairness index".

The New Gas Pipeline Will Go to the North

#3 (111), June 2018 The New Gas Pipeline Will Go to the North

In July of this year, the Government intends to proceed with the construction of the new pipeline: from Kyzylorda to Astana, and then in the northern regions of the country. It is expected that it will develop gas infrastructure in the capital, Central and Northern Kazakhstan. The new project creates good opportunities for contractors and subcontractors, suppliers of pipes, equipment, as well as engineering and construction services.

KMGI: Records and Prospects

#6 (108), December 2017 KMGI: Records and Prospects

Closing of a deal is expected in the near future between the National Company KazMunayGas and the Chinese CEFC on acquisition by the last mentioned of 51% stake in the KMGI Group, which owns and carries out refining, trading and sales of petroleum products through the own network of petrol stations Rompetrol in Romania, Bulgaria, Moldova, Georgia, as well as through its partners in the Black Sea region.

20th Anniversary of Oil and Gas Cooperation Between Kazakhstan and China

#5 (107), October 2017 20th Anniversary of Oil and Gas Cooperation Between Kazakhstan and China

A press conference devoted to the 20th anniversary of the oil and gas cooperation between the People's Republic of China and the Republic of Kazakhstan was held on September 7 in Astana within the framework of the 11th KAZENERGY Eurasian Forum in the Palace of Peace and Reconciliation.

TOTAL: Committed to better energy

#4 (106), August 2017 TOTAL: Committed to better energy

Fromclimatechangetopopulation growthandnewcustomer expectations,energyis closely linked tothe keyissuesfacingourworld today.

The Romanian authorities approved the sale of 51% of KMGI

#4 (106), August 2017 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