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A New Member Elected to KMG EP Board of Directors

Source: www.gulfoilandgas.com 12/14/2016, Location: Asia

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JSC KazMunaiGas Exploration & Production (“KMG EP” or “Company”) held an extraordinary general meeting of its shareholders (“EGM”) on 13 December 2016. In accordance with the decisions approved at the EGM, Serik Abdenov, Vice President for Human Resources at JSC National Company KazMunayGas was elected as a new member of the KMG EP Board of Directors (“the Board”) replacing Christopher Hopkinson, whose duties as a member of the Board were duly terminated.

In addition, the EGM approved amendments to the Charter of KMG EP, which were introduced in accordance with the Government’s Decree No.1095 dated 28 December 2015 “On approval of list of activities carried out by legal entities with a state ownership of 50 percent or more, and their affiliates”. Activities of KMG EP were harmonized with the Decree and were agreed with the Committee on Regulation of Natural Monopolies and Protection of Competition under the Ministry of National Economy of the Republic of Kazakhstan.

The above mentioned amendments to the Charter do not impact any of the principal activities of the Company.

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Related Categories: Events  Executive Recruiting  General  Legal  Petroleum Associations  Professional Associations  Sourcing & Procurement 

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