Search results for: KazMunayGas

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  • 10 June 2019

    Russia’s Lukoil and Kazakhstan’s KazMunayGas have signed heads of agreement for a project in the Kazakh sector of the Caspian Sea. 

  • 30 March 2011
    Project & Tenders

      Statoil and KazMunayGas have signed the Heads of Agreement (HoA) on the Abay block in the Kazakhstani sector of the Caspian Sea. Under the HoA, the parties plan to conduct evaluation of the hydrocarbon potential of the “Abay” block in the Northern Caspian Sea. Statoil and KazMunayGas will jointly establish a company that will […]

  • 30 March 2011
    Business & Finance

      Statoil and KazMunayGas have signed the Heads of Agreement (HoA) on the Abay block in the Kazakhstani sector of the Caspian Sea. Under the HoA, the parties plan to conduct evaluation of the hydrocarbon potential of the “Abay” block in the Northern Caspian Sea. Statoil and KazMunayGas will jointly establish a company that will […]

  • 30 March 2011
    Business & Finance, Operations & Maintenance

    Statoil and KazMunayGas have signed the Heads of Agreement (HoA) on the Abay block in the Kazakhstani sector of the Caspian Sea. Under the HoA, the parties plan to conduct evaluation of the hydrocarbon potential of the “Abay” block in the Northern Caspian Sea. Statoil and KazMunayGas will jointly establish a company that will serve […]

  • 5 July 2019
    Business & Finance

    The Kazakh Ministry of Energy, KazMunayGas (KMG), and Italy’s Eni have signed a protocol of direct negotiations to grant the subsoil use right for exploration and production of hydrocarbons within joint operations on Abay, an offshore area in the Kazakhstani sector of the Caspian Sea.

  • 6 June 2018

    Lukoil has signed a principles agreement with KazMunayGas for a project on the Zhenis license area in the Caspian Sea.

  • 17 August 2012

    JSC NC KazMunayGas announced today that Kazakhstan government gave its positive opinion on a feasibility study for the project “Construction of the shipyard / ship repair plant in Kuryk”. The Project, estimated to be worth around $ 288 Mln, is being implemented by JSC NC “KazMunayGas” in conjunction with the Italian company “ENI”. The agreement […]

  • 22 June 2017
    Business & Finance

    Italian oil company Eni and JSC KazMunayGas (KMG) have signed an agreement which renews the conditions for the transfer to Eni of 50% of the subsoil use rights in the Isatay block, in the Caspian Sea off Kazakhstan, for exploration and production of hydrocarbons. To recall, almost two years ago, in June 2015, KazMunayGas and […]

  • 31 October 2013
    Business & Finance

    ConocoPhillips today announced it has completed the transaction with KazMunayGas (KMG) for the sale of its 8.4 percent interest in the North Caspian Sea Production Sharing Agreement (Kashagan) for approximately $5.4 billion. In July 2013, ConocoPhillips announced it had received notification from the Kazakhstan Ministry of Oil and Gas (MOG) that it was exercising the […]

  • 4 December 2018
    Business & Finance

    Lukoil and KazMunayGas have established a consortium on the Zhenis project in the Caspian Sea. 

  • 20 August 2012

    JSC NC KazMunayGas announced that Kazakhstan government gave its positive opinion on a feasibility study for the project “Construction of the shipyard / ship repair plant in Kuryk”. The Project, estimated to be worth around $ 288 Mln, is being implemented by JSC NC “KazMunayGas” in conjunction with the Italian company “ENI”. The agreement on […]

  • 24 September 2019

    KazMunayGas, Kazakhstan’s state-owned oil and gas company, and Norwegian oil and gas giant Equinor have signed a joint study agreement to assess the hydrocarbon potential of oil and gas areas in Kazakhstan.  On September 24, 2019, Alik Aidarbayev, Chairman of the Management Board at JSC NC KazMunayGas (KMG) met with Tore Loseth, Senior Vice President […]

  • 3 April 2019

    Lukoil, the Ministry of Energy of Kazakhstan, and KazMunayGas have concluded a contract for the exploration and development of hydrocarbons on the Zhenis block in the Kazakh sector of the Caspian Sea.

  • 12 June 2019
    Business & Finance

    Kazakhstan’s state-owned oil and gas company KazMunayGas and Italian EnI have signed a memorandum of cooperation further expanding the relations between two companies.

  • 30 July 2019

    KazMunayGas, the Ministry of Energy of the Republic of Kazakhstan, and French oil major Total have signed a memorandum of cooperation for digitalization in the oil and gas sector.

  • 29 June 2015
    Business & Finance

    Italian oil company Eni and Kazakhstan’s  KazMunayGas have finalized an agreement that defines the commercial terms of the transfer to Eni of 50% of the subsoil use rights in the Isatay block located in the Caspian Sea. The agreement was signed Friday by the Chairman of KazMunayGas’ (KMG) Management Board, Sauat Mynbayev, and Eni’s CEO, Claudio […]

  • 11 July 2012
    Business & Finance

    Keppel Kazakhstan LLP (Keppel Kazakhstan) and its consortium partner Ersai Caspian Contractor LLC, Kazakhstan (Ersai Caspian Contractor), have secured a contract from Teniz Burgylau LLP (Teniz Burgylau), an indirect wholly-owned subsidiary of JSC NC “KazMunayGas” (KazMunayGas) of Kazakhstan, for a KFELS B Class jackup rig worth US$242 million. Scheduled for delivery in 1Q 2015, the […]

  • 10 July 2012
    Business & Finance

    Keppel Kazakhstan LLP (Keppel Kazakhstan) and its consortium partner Ersai Caspian Contractor LLC, Kazakhstan (Ersai Caspian Contractor), have secured a contract from Teniz Burgylau LLP (Teniz Burgylau), an indirect wholly-owned subsidiary of JSC NC “KazMunayGas” (KazMunayGas) of Kazakhstan, for a KFELS B Class jackup rig worth US$242 million. Scheduled for delivery in 1Q 2015, the […]

  • 29 July 2019

    Eni and Kazakhstan’s state-owned oil and gas company KazMunayGas have sealed the deal for exploration and development of hydrocarbons at the Abay field.

  • 6 November 2009

    Italy’s Eni has inked a new deal expanding energy ties with Kazakhstan which includes further exploration in the the Caspian Sea and industrial facilities. In Rome, Eni chief executive Paolo Scaroni signed the new co-operation agreement with Kairgeldy Kabyldin, president of KazMunayGas.

  • 12 June 2014
    Business & Finance

    KazMunayGas’ (KMG) Chairman of the Management Board, Sauat Mynbayev, and Eni’s CEO, Claudio Descalzi, signed today a strategic agreement.

  • 8 September 2015
    Business & Finance

    The Chief Executive Officer (CEO) of Kazakhstan’s KazMunaiGas Exploration Production Abat Nurseitov has resigned as the company’s CEO (Chairman of the Management Board) and a member of the Board of Directors due to his transfer to another job. The subsidiary of National Company KazMunayGas JSC said that the decision on the appointment of a new CEO would be […]