Equinor to assess hydrocarbon potential of areas in Kazakhstan

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. 

Source: KazMunayGas

On September 24, 2019, Alik Aidarbayev, Chairman of the Management Board at JSC NC KazMunayGas (KMG) met with Tore Loseth, Senior Vice President for Exploration at Equinor.

KMG said on Tuesday that the meeting attendees had highlighted the importance of the cooperation between Kazakhstan and Norway on oil and gas business and expressed their interest in joint study of some oil and gas areas in Kazakhstan in order to be awarded subsoil use contracts going forwards. To that effect, the companies signed a joint study agreement as part of their long-term mutually beneficial cooperation.

The document was signed by Dastan Abdulgafarov, Chief of Staff, Managing Director for Development at KMG and Tore Loseth, Senior Vice President for Exploration at Equinor. The agreement provides for geological and geophysical studies to assess the hydrocarbon potential of oil and gas areas in Kazakhstan.

“We expect that this agreement will serve as the basis of successful cooperation in future. Both companies are ready to consider Equinor as a strategic partner under exploration and production contracts in Kazakhstan,” Alik Aidarbayev said.


Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email.

Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.

Share this article

Follow Offshore Energy Today

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation…

read more >

Offshore Energy Exhibition and Conference (OEEC) 2020

Offshore Energy addresses the technical, operational and commercial challenges associated with future sector growth.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply