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Tag: KazMunayGas

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,…

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…

Kazakh specialists to participate in drilling at jackup rig transferred to Azerbaijan

Kazakh specialists will participate in drilling as well as provide technical support during the operation of the jackup floating drilling rig transferred in trust to…

SOCAR and KazMunayGas Daughters Sign and Agree

KMG Drilling & Services LLP and Caspian Drilling Company Ltd signed a trust management agreement for a self-elevating floating drilling rig (SEFDR), reports KazMunayGas NC….

World’s longest NGV rally powered by LNG takes off

The opening ceremony of the Gas into Motors NGV rally took place today in Rudong (Jiangsu province, China). The route of the rally will traverse China, Kazakhstan, and Russia. The…

KazMunayGas reports redemption of Eurobonds in the amount of $1.6bn

JSC NC “KazMunayGas” (KMG), as part of its initiative to refinance its short-term Eurobonds into long-term instruments, is reporting that on 2 July 2018 it…

KazMunayGas will continue to invest in Romania’s energy sector

The Chairman of the Management Board of KazMunayGas (KMG), the National Gas and Petroleum Company of Kazakhstan and the sole shareholder of KMG International, Sauat…

KazMunayGas and Lukoil sign an agreement on Caspian project

President of LUKOIL Vagit Alekperov and Chairman of the Management Board of the National Company KazMunayGas Sauat Mynbayev signed a Principles Agreement on Zhenis license…

KazMunayGas reports Q1 financial and operating results

SC National Company KazMunayGas, Kazakhstan’s vertically integrated oil and gas company, announced its IFRS financial results and operating highlights for the three-month period ended 31…

Kazakhstan finds investor for construction of new refinery

The Ministry of Energy of Kazakhstan has found a private investor ready to take part in the construction of the fourth oil refinery. This was…

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