The Branch of the Capsyi Meruertty Operating Company B.V. informs about the successful completion of the appraisal well drilling, Auezov -2 in the Zhemchuzhiny (Pearls) contract territory.
The Kashagan field pipes, where the leakage was found, are replaced and sent for the further examination, informs Trend.az. Currently we are preparing the pipeline survey by the special robotic devices.
Sauat Mynbayev, Chairman of the Board, Kazmunaigaz, introduced HR changes in the National Company.
herefore, Daniyar Berlibayev (former First Deputy Chairman of the Board) has been appointed as the Deputy Chairman of the Board on Corporate Development.
“The General Director (the Chairman of the Board) of KazTransOil JSC (KTO), Mr. Kairgeldy Kabyldin, will become the Deputy Chairman of the Board for oil transportation of the National Company KazMunayGas (KMG) JSC”, says a KTO statement.
“ConocoPhillips Company has completed the transaction with KazMunaiGas (KMG) National Company JSC for the sale of 8.4% share in the Kashgan field development project for $ 5.4 billion”, according to the website of the American company. “ConocoPhillips announced today the completion of the transaction with KMG for 8.4% of its share in the production sharing Agreement in the northern part of the Caspian Sea (Kashagan) at the amount of about $ 5.4 billion”, a statement issued on October 31 says.
“The draft of the future lifting expansion (FLE) at the Tengiz field valued of $ 23 billion and providing for an increase in oil production up to 38 million tonnes per year has been approved,” said the Deputy Chairman of the Board of KazMunayGas. Herewith, he also reminded that the implementation of FLE was planned for 2013-2018: "Given the fact that we are only several months late with the approval of the reservoir management plan, we generally look up to the same term.
The world's largest oil traders Swiss companies Glencore and Xstrata and Swiss-Dutch company Vitol are vying for the conclusion of a contract with NC KazMunayGas for the purchase of oil from Kashagan field on the Caspian Sea shelf, as reported by Bloomberg agency citing the informed sources.
Under the Government Regulation Magzum Mirzagaliev was appointed Vice-Minister of Oil and Gas of the Republic of Kazakhstan. He succeeded Berik Tolumbaev, who submitted his resignation. The new Vice-Minister was born on November 7, 1978 in Almaty. In 1999, he graduated from Turan University and in 2003 from the Diplomatic Academy.
In Kazakhstan, the tender exhibited four oil and gas onshore blocks. According to Trend agency, this was announced by the Minister of Oil and Gas of the Republic of Kazakhstan Uzakbai Karabalin at the Kazakh-Canada Business Forum in Calgary (Canada).
According to Kazinform, NC Kazakhstan Engineering JSC is establishing shipbuilding and ship-repairing facilities in Mangistau region. Since NC KazMunayGas is also engaged in a similar project for the construction of an identical plant in the port of Kuryk on the Caspian Sea shore (KMG has a partner, financing, feasibility studies fulfilled, and DED is under development), the issue of the joint implementation of the project is under consideration.
Tengizchevroil JV (TCO), which develops the Tengiz and Korolevskoe oil and gas fields in the Atyrau region of Kazakhstan, resumes oil transportation via Baku-Tbilisi-Ceyhan (BTC) pipeline. The transportation along this route, called the Southern route, was interrupted in 2009 due to tariff disputes.
On November 1, 2013 Umberto Carrara refused to be the Managing Director of Agip KCO after having worked on Kashagan project for more than seven years. His place will be taken by Guido Brusco, who has been the Director of the Industrial Operations Department at Kashagan project of Agip KCO since September 2009, said the press office of the North Caspian Operating Company (NCOC) Consortium.
7th September the President of the People's Republic of China, Xi Jinping declared that Kazakhstan and China agreed about purchase of a share in Kashagan project, located in the Caspian offshore, by the Chinese CNPC company.
Government of the Russian Federation prepared the protocol for the agreement with Kazakhstan about joint activities in area of geological exploration at the cross-border Imashevskoe gas condensate field, and the relevant order was signed by the Prime Minister Dmitry Medvedev, informs Prime.
7th September the President of Kazakhstan Nursultan Nazarbaev and the President of the People's Republic of China Xi Jinping started the operation of Beyneu-Bozoy-Shymkent gas pipelineduring a constituent meeting of the Kazakhstan-Chinese business council.
The Eurasian division of Chevron declared about the official opening of the Atyrau Valve Plant (AVP), which will make the iron pipeline valves for the systems of water supply, sewerages and natural gas transport.