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KazMunayGas in 2020

#3 (129), June 2021 KazMunayGas in 2020

Joint-stock (JSC) National Company (NC) KazMunayGas (“KMG” or “Company”), Kazakhstan's national vertically integrated oil and gas company, announced its operating results for 2020.

North-West Kyzylkiya – new spot on the oil map

#3 (129), June 2021 North-West Kyzylkiya – new spot on the oil map

The North-West Kyzylkiya field began its story in 2003-2004, when engineers carried out 2D and 3D field seismic surveying in the southern section of the Turgai depression and created structure maps for potential oil deposits, resulting in the North-West Kyzylkiya field opening as a result of well No. 34 being drilled in 2004.

How Karachaganak was divided

#1 (127), February 2021 How Karachaganak was divided
On December 14, 2020, the Ministry of Energy's press-service announced the signing of a Settlement Agreement with the Karachaganak project shareholders represented by Eni, Shell, Chevron, and Lukoil. On the Kazakhstani side, the document was signed by the Ministers of Energy, Finance, and the Head of the authorized body – PSA LLP. 
 

KPO Reports Half-Year Performance Results

#4 (124), September 2020

Over this period KPO produced more than 75 million barrels of oil equivalent of stable and unstable liquid hydrocarbons, export raw gas and sweet fuel gas.

Chevron-Kazakhstan Partnership in Response to Pandemic

#4 (124), September 2020 Chevron-Kazakhstan Partnership in Response to Pandemic

As Chevron operates in many parts of the world, we see the effects COVID-19 is having on communities and people. It is creating devastating social, economic and political challenges and affects organizations and businesses worldwide.

Social responsibility is our voluntary contribution to overcoming the pandemic

#4 (124), September 2020 Social responsibility is our voluntary contribution to overcoming the pandemic

Interteach's social responsibility to society holds a vital place in the company's set of values.

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.