Gulf Oil and Gas accountACCOUNT

Lukoil & Kazmunaygaz Sign Agreement on Joint Studies

Source: www.gulfoilandgas.com 9/20/2019, Location: Asia

President of PJSC LUKOIL Vagit Alekperov and Chairman of the Management Board of KazMunayGaz Alik Aidarbayev have signed today in Almaty (Kazakhstan) an Agreement on Joint Studies. The two companies agreed on major terms of cooperation and expressed their willingness to begin studies on mineral resources in order to evaluate the hydrocarbon potential of certain areas in the Republic of Kazakhstan.

The agreement continues the long-term successful cooperation between the two companies. Earlier this year LUKOIL, the Ministry of Energy of the Republic of Kazakhstan and KazMunayGaz concluded a contract for hydrocarbon exploration and production on the Zhenis block.

Baseline agreement on the I-P-2 project was also signed earlier this year. Both projects are located in Kazakhstan Caspian shelf.

In addition, LUKOIL and KazMunayGaz are strategic partners in a number of large-scale projects: Karachaganak, Tengiz, Kumkol, Caspian Pipeline Consortium (crude oil transportation project) among them.

Engineering News in Kazakhstan >>

Australia >>  5/28/2020 - KBR (KBR) announced that it has been awarded an energy efficiency opportunities study at Gladstone LNG (GLNG) by Santos Ltd., a leading energy group i...
Netherlands/Holland >>  5/26/2020 - MAN Energy Solutions in Berlin has been awarded a contract for the engineering of three RG compressor trains for a carbon capture, utilization and sto...

United States >>  5/26/2020 - KBR was awarded a five-year extension of its Honeywell Master Services Agreement (MSA) for professional services in metrology, global property managem...
Australia >>  5/20/2020 - Real Energy, an Australian east coast focused gas company with interests in the Cooper and Surat Basins has announced that it has established a wholly...

United States >>  5/20/2020 - BP and Worley have entered into two global framework agreements; one for conceptual engineering and the other for early engineering and front-end engi...
Finland >>  5/18/2020 - The technology group Wartsila and Vantaa Energy Ltd., a Finnish energy company, have signed an agreement on a joint concept feasibility study for a Po...

Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 


Kazakhstan Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 |

Oil & Gas Projects in Kazakhstan >>

More News

Related Links

Gulf Oil and Gas
Copyright 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.