French oil and gas company Total has acquired a 75 % interest each in two concessions on the development of Northern and Southern blocks in the southwest part of Kazakhstan where earlier the operator was the Kazakhstan company Nurmunai Petrogas, informed the French company.
The Aral Sea
Drilling of the first well to a depth of up to 4 000 m in eastern Aral Sea region is planned to commence in the next year, informed the inspection of geology and subsoil use of the Kyzylorda region. “In 2012-2013 Maksat LLP plans to renew exploration of oil bearing fields and hydrocarbon deposits on the operational territory in the Aral and Kazalinsk regions.”
The consortium of the oil companies involved in the North Caspian project is planning to develop the offshore field Kalamkas-sea. “We are conducting negotiations with the government of Kazakhstan regarding realization of the following projects.
The service of external relations and information of the Atyrau Oil Refinery LLP informed about the appointment as the plant’s general director Arman Kairdenov since November 21, 2012. Talgat Baitaziyev, earlier holding the post of general director, was released from his post under voluntary termination.
JSC KazMunayGas is engaged in the sale of its non-profile assets amounting to KZT 95 billion, informed managing director - member of the board of JSC Samruk-Kazyna NWF Nurlan Rakhmetov.
Теngizchevroil JV, developing the largest Tengiz and Korolev oil and gas fields in the Atyrau region, has produced 2 billion barrels (250 million 626 thousand 566 tons) of oil since the start of its activity in 1993.
American oil and gas company ConocoPhillips has notified the authorities of Kazakhstan and the partners in the project for the development of the giant oil field Kashagan on its intention to sell a share in the Production Sharing Agreement on Northern Caspian (PSANC), comprising 8.4 %, to the Indian ONGC Videsh Limited. Press-release of ConocoPhillips informs about it.
EBRD promotes private oil&gas business in Kazakhstan
In the beginning of November 2012, a new Contract with the European Bank for Reconstruction and Development for USD 22.5 million was signed by the representatives of a big Kyzylorda service company Zhanros Drilling LLP.
ATFBank JSC jointly with the United NationsChildren’s fund (UNICEF) launch a new social project «In warm hands».
Asian Gas Pipeline
Since August 1, Beimbet Shayakhmetov again has started to execute the duties of general director of the Kazakh-Chinese JV, Asian Gas Pipeline LLP. He left this post on May 7, 2012 when he was replaced by Таlgat Taubaldiyev.
A credit agreement was signed on August 8 in Tokyo with Japan Bank for International Cooperation and Bank of Tokyo Mitsubishi UFJ worth $297.5 million for the construction of the deep conversion facility at the Atyrau Oil Refinery (ANPZ).
On August 13, according to the decision of the board of directors of JSC КаzТransGas,Serik Sultangali was appointed to the post of general director (chairman of the board) of JSC КаzТransGas.
On August 15, Bakhtykozha Izmukhambetov was appointed to the post of Atyrau oblast Akim (head of administration).
The Kazakhstan Association of Oil, Gas and Energy Complex Organizations (KAZENERGY) has appointed a new executive director for legal issues, the association's press service reports. This position had been occupied by Rustam Zhursunov, who had been the managing director, as well as a member of the board of Samruk Kazyna, JSC.
Aidar Asanbayev, head of the Kazakhstani company Petroleum Operating, has been appointed director of the trading team at Rompetrol, Argus reports. Specifics on the particular functions the new director will be in charge of Rompetrol's trading team have not yet been disclosed.
Kazakhstanand the contract companies of the North Caspian project signed an agreement under which the commercial production of oil from the Kashagan field on the Caspian Sea shelf will occur in the period from December 2012 to June 2013, informed the press-service of the Ministry of Oil and Gas of Kazakhstan.