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Category: Kazakhstan

Shell Evacuates Foreign Employees from Kazakhstan

Shell oil and gas concern is evacuating foreign employees from Kazakhstan to their homeland, KazTag reports. “Shell’s oil and gas concern has taken unprecedented measures for foreign…

KazMunayGas, BP to Conduct Joint Exploration in Kazakhstan

KazMunayGas (KMG) and British BP have identified subsoil plots and plan to get a contract for exploration and production of hydrocarbons in Kazakhstan, Dastan Abdulgafarov,…

Small Projects Suspended at Tengiz Field

The Tengizchevroil (TCO) oil company temporarily suspended some types of work at the Tengiz oil and gas field (Kazakhstan) due to the coronavirus COVID-19. According to…

Tengiz Shift Period Increased Due to COVID-19

The duration of the shift at the Tengiz oil field in Kazakhstan for visiting workers will be increased as part of measures against the spread…

Kazakhstan Fulfills Obligations to OPEC + by 71% in May

Kazakhstan fulfilled the agreement to reduce oil production by 71% in May, but in August and September it will compensate for this incomplete compliance with…

For the I Quarter of 2020, KazMunayGas Net Profit Decreased 3 Times

The Board of Directors of JSC NC “KazMunayGas” (KMG) approved the payment of dividends for the results of 2019 in the amount of 81.7 billion…

EIA decreases previously forecast oil extraction volume in Kazakhstan for 2020

Kazakhstan will produce 2.02 million barrels of oil and other liquids per day in 2020, Trend reports with reference to the March Short-term Energy Outlook (STEO) of…

Kazakhstan’s Senate approves agreement on gas supply to Baikonur

Kazakhstan’s Senate (upper house) of the parliament has approved the draft law on ratification of the agreement between Kazakhstan and Russia for gas supply to…

Kazakhstan’s Kashagan field’s operator talks operational highlights over 2019

Over the course of three years of North Caspian Operating Company’s (NCOC) operations in Kazakhstan, which is developing the Kashagan oil field, company’s performance indicators…

Oil Production Declines in Kazakhstan

In January 2020, Kazakhstan produced 6.854 million tons of crude oil and 1.139 million tons of gas condensate, which is respectively 0.9% less and 5.3%…

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