News 2022
CPC
Ten days after the imposition of the EU embargo and the G7 price cap, EU maritime imports of Urals fell from 1.5 million b/d to just 123,000 b/d Many refineries in the EU, already in November, turned to Kazakhstani grades CPC Blend and KEBCO, which together became the largest source of imports (13% of EU offshore oil imports) for Europe at the level of 1.2 million b/d.
TotalEnergies
On November 28, 2022, TotalEnergies signed an agreement for the sale of its affiliate Total E&P Dunga GmbH to the Kazakh company, Oriental Sunrise Corp Ltd, for an amount of $330 million.
KMG
About 100 million euro of investments in oil and gas processing projects is going to be attracted by the KazMunayGas national company (KMG). On November 29, KMG and Air Liquide Eastern Europe S.A signed a cooperation agreement during the official visit of the President of Kazakhstan, Kassym-Zhomart Tokayev, to France, citing the company's press service.
CPC
The full scope of buoyancy tank (BT) replacement at the Single Point Mooring - SPM-2 was completed on 29 November 2022. Hydrotesting procedure was successfully completed, and the SPM is ready for tanker loading.
KPI Inc.
President of Kazakhstan Kassym-Jomart Tokayev launched an integrated gas chemical facility Kazakhstan Petrochemical Industries Inc.
QazaqGaz
A new subdivision, "Exploration and Production of QazaqGaz" has been created in JSC "NC "QazaqGaz" by transforming "Amangeldy Gas" LLP, said the Chairman of the Board, Sanzhar Zharkeshov.
NCOC
NCOC announces that Mr Yerlan Mukay is appointed as NCOC's Deputy Managing Director effective 10th October, 2022.
TotalEnergies
In Kazakhstan, the TotalEnergies new country chair Frode Ljones was appointed.
KMG
KMG exercised a call option to buyback 50% share in KMG Kashagan B.V. from JSC «Samruk-Kazyna»
KazMunayGas
The IPO of KazMunayGas will start in the second half of September. This was announced at a briefing on September 15 by the chairman of the board of Samruk-Kazyna, which owns 90.42% of KMG shares (the National Bank owns the remaining 9.58% of shares), Almasadam Satkaliyev.
OPEC
On September 5, 2022, a ministerial meeting of the countries participating in the OPEC+ agreement was held in the format of a videoconference. Kazakhstan was represented at the meeting by Vice Minister of Energy Asset Magauov, the ministry's press service reports.
KMG
The National Company KazMunayGas (KMG) and the European Bank for Reconstruction and Development (EBRD) signed a Memorandum of Understanding. The document concerns strategic cooperation in the field of decarbonisation.
TCO
Tengizchevroil’s (TCO) Future Growth Project-Wellhead Pressure Management Project (FGP-WPMP) has safely achieved another key milestone with the launch of an Integrated Operations Control Center (IOCC) at Tengiz.
KMG
The Chairman of the Board of KazMunayGas Magzum Mirzagaliyev met on May 30 with the Chairman of the Board, Chief Executive Officer of the Polish concern PKN Orlen Daniel Obaitek, with reference to the press service of KMG.
TCO
ATYRAU, May 19, 2022 – Tengizchevroil (TCO) announced today upcoming changes to the company’s leadership team. Effective June 1st, Konilkosh Suyessinov will assume the role of TCO Deputy General Director.
KMG
The shareholders of the national company KazMunayGas decided to approve the annual financial statements (consolidated and separate) for 2021 and distribute net income. This became known from a document published on the website of the Kazakhstan Stock Exchange (KASE).
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