“The management of OJSC Gazprom Neft took a decision to coordinate a purchase of a 100 % interest in the charter capital of Kazakhstan Sonol Invest LLP,” informs RIA Novosti.
Tethys Petroleum Limited has announced the official inauguration of its Aral Oil Terminal (AOT) - a new oil storage and rail loading facility for oil shipments from the Company's Doris oilfield into the Kazakh rail system. The AOT is located approximately 230 km from the Doris oil field, significantly reducing the distance oil is currently trucked by road from the field.
The Board of Directors of KMG EP has decided to create joint stock companies based on existing production facilities and elected new members to the Management Board.
Aral Petroleum Capital LLP has spudded Well 306 in East Zhagabulak field in the North Caspian basin in Kazakhstan about 1 mile south of Well 308, which is to be tested in February.
Shares in Max Petroleum rose after the Kazakhstan focused oil firm reported flow test results from two of its wells, which will soon be placed on long term test production.
In accordance with the planned personnel rotational transfers, there will be new management in the company Rompetrol Georgia. In particular, since January 11, Nurken Murzagaliyev has taken the post of the company’s new general director.
The Atyrau Oil Processing Plant (AOPP) has signed a contract with a consortium involving Sinopec Engineering, the Marubeni Corporation and OGCC KazStroyService JSC for the construction of a turnkey integrated oil refining complex (IORC), for a cost of $1.7 billion, a report from KazMunaiGas (KMG) says.
Western energy majors in Kazakhstan's offshore Kashagan oil development project in the northern Caspian Sea have asked the government in Astana to raise the budget for the first phase of the project by 22%, due to delays and cost overruns.
On December 7, OJSC LUKOIL, for the first time in Kazakhstan, held a seminar-meeting of PR-managers at which the results of the contest «Best Jubilee PRоеkt» have been summed up. In their presentations the contest winners shared their unique experience in interacting with the state bodies and running social projects and the work of corporate mass-media.
JSC "KMG EP" has announced that as of 22 December 2011 the Chairman of the Management Board (CEO) Askar Balzhanov has resigned from his position. Alik Aidarbayev, the current Chairman of the Board of directors has been appointed the Chairman of the Management Board (CEO). Mr Sisengali Utegaliyev will act as Chairman of the Board of directors until the election of a new chairman.
“On the eve of the 20’th anniversary of the Republic of Kazahstan Rominserv – a subsidiary company and the general contractor of The Rompetrol Group, is successfully completing construction and assembly operations on two new units at the Petromidia platform (mild hydrocracker unit and hydrogen plant) and has began pre-commissioning and start-up activities in accordance with the refinery processing capacity increase program up to 5 million tons. The investment in the new facilities is estimated to be 264 million USD, while the Petromidia refinery processing capacity increase program amounts 377 million USD.“
22 December 2011. Today the Board of Directors of “SWF “Samruk-Kazyna” JSC in consultation with the Prime Minister of Kazakhstan has come to decision to terminate the authority of Chairman of the Board of KazMunayGas National Company JSC Bolat Akchulakov.
Lyazzat Kiinov was appointed Chairman of the Board and a member of the Board of Directors of KazMunayGas National Company JSC.