On July 30, 2019, JSC NC KazMunayGas, the Ministry of Energy of the Republic of Kazakhstan and Total E&P Kazakhstan signed Memorandum of Understanding in the sphere of digitalization of the oil... Read more »
The volatility of oil prices today depends not only on the geopolitical situation, but also on the emergence and introduction of new technologies and facilitation of processes. There is still no clear... Read more »
Kanat Bozumbayev, the RoK Minister of Energy shared his opinion on foreign specialists attracting to Kazakhstan’s significant petroleum projects implementation. «We should have a clear understanding that FEP(TCO Future Expansion Project -Petrouncil)... Read more »
The share of local content in the procurement of goods by oil and gas operators over the last three years has reached 28% of the total procurement by oil and gas operators.... Read more »
Atameken National Chamber of Entrepreneurs held a screening of Atyrau region to accelerate economic development of the region. The results showed that the region has great potential for growth in terms of... Read more »
The Oil and Gas Strategic Partnership Development Council (Petrocouncil) with the support of Atameken NCE and KazEnergy Association continues to publish oil and gas companies’ procurement plans. This time, Senimdi Kurylys LLP, one... Read more »
Kazakhstan needs to provide local producers with tax incentives for creation of special industrial zones to localize production of goods around large projects. In addition, the Ministries of Finance, National Economy, as... Read more »
In Almaty, the shipment of modular substations manufactured in Kazakhstan by Schneider Electric LLP for KGDBN Project of Karachaganak Petroleum Operating B.V. (KPO) took place, the press service of the company reports.... Read more »
The company conducts annual monitoring of remuneration in the industry. General Director of Karachaganak Petroleum Operating B. V. (KPO), Edwin Blom, said this during a meeting with the Minister of Labor and... Read more »
The new Law of the Republic of Kazakhstan “On special economic and industrial zones” which should encourage Kazakhstan and foreign companies to invest in industrial facilities in Kazakhstan was adopted in Kazakhstan... Read more »
North Caspian Operating Company N. V. (NCOC) has built and handed over to the residents of Mangystau-5 village, Mangystau region, a new multifunctional sports complex, the press service of the company reports.... Read more »
The increase in volumes of oil production at Tengiz and Kashagan is forcing shareholders of CPC JSC to upgrade the capacity of the pipeline system. “Currently, the shareholders of the Consortium have... Read more »
North Caspian Operating Company N.V. (NCOC) has completed a major infrastructure project for gasification of 10 settlements of the Azgir zone in Kurmangazinsky district of Atyrau region, as reported the company’s press... Read more »
Since January 1, 2020, all entities operating in the field of oil and gas condensate production and turnover that have not equipped their enterprises with control and metering devices will not be... Read more »
As of June 2019, 37,900 Kazakhstani and 1,900 foreign workers of various organizations work on the FGP-WPMP project in Tengiz, the press service of the Ministry of Energy reports. “The Ministry of... Read more »
Transparent selection of Tengizchevroil contractors and subcontractors, control over labour conditions of subcontractors will help to reduce social tension in Tengiz. Strategic Partnerships Development Council (Petrocouncil), established under the auspices of Atameken... Read more »