Acquisitions and Divestitures News in Kazakhstan

Caspian Sunrise Improved Terms for the Proposed Sale of the BNG Shallow Structures
7/18/2024 - Introduction
The Board of Caspian Sunrise is pleased to update shareholders with news of improved terms on the proposed conditional disposal of the MJF and South Yelemes shallow structures at t...
Zenith Energy Announces Acquisition of Devonian Petroleum Limited
12/20/2023 - Zenith Energy Ltd. (LSE: ZEN; ZENA; ZENAF) is pleased to announce the conditional acquisition of an initial 50% of the shares and voting rights in Devonian Petroleum Limited ("Devonian"), a private oi...
Zenith Energy Announces Third MOU for Oil Production Asset in Kazakhstan
9/19/2023 - Zenith Energy Ltd. (ZEN; ZENA), the international energy production and development company, is pleased to announce that it has signed a third MOU (the "MOU") with a company incorporated in Kazakhstan...
Zenith Energy Announces Second MOU for Oil Production Assets in Kazakhstan
9/15/2023 - Zenith Energy Ltd. (ZEN; ZENA), the international energy production and development company, is pleased to announce that it has signed a second MOU (the "MOU") with a company incorporated in Kazakhsta...
Zenith Energy Signed MOU & Exclusivity for Oil Production Asset in Kazakhstan
9/4/2023 - Zenith Energy Ltd. (ZEN; ZENA), the international energy production and development company, is pleased to announce that it has signed an MOU (the "MOU") with a company incorporated in Kazakhstan (the...
Lukoil to Acquire Share in Al-Farabi Offshore Project in Kazakhstan
Lukoil to Acquire Share in Al-Farabi Offshore Project in Kazakhstan 6/4/2021 - President of PJSC "LUKOIL" Vagit Alekperov and Chairman of the Management Board of JSC NC "KazMunayGas" Alik Aidarbayev signed a sale and purchase agreement for a 49.99% stake in the charter capital o...
OMV Petrom Closes the Divestment of the Production Assets in Kazakhstan
5/17/2021 - OMV Petrom, the largest energy company in Southeast Europe, announces the completion of the transaction for the sale of 100% of its stake in Kom-Munai LLP (KOM) and Tasbulat Oil Corporation LLP (TOC) ...
OMV Petrom Divests Production Assets in Kazakhstan
12/29/2020 - OMV Petrom, the largest energy company in Southeastern Europe, signed the transaction for the sale of its 100% shareholding in Kom-Munai LLP (KOM) and Tasbulat Oil Corporation LLP (TOC) in Kazakhstan ...
Completion of the Acquisition of the Caspian Explorer
10/19/2020 - The Board of Caspian Sunrise is pleased to announce that the re-registration of the shares in Prosperity Petroleum, the UAE company which is the sole shareholder of KC Caspian Explorer LLP the Kazakh ...
Shell, Consortium Exit Two Kazakh Offshore Projects
10/21/2019 - Royal Dutch Shell (RDSa.L) has pulled out of the Khazar offshore project next to the giant Kashagan field in Kazakhstan and a multinational consortium including Shell is also dropping plans for the ad...
Eni Receives Approval for the Abay Subsoil Use Right
Eni Receives Approval for the Abay Subsoil Use Right 7/5/2019 - The Kazakh Ministry of Energy, KazMunayGas (KMG) and Eni signed a protocol of direct negotiations to grant the subsoil use right for exploration and production of hydrocarbons within joint operations ...
Nostrum Oil & Gas announces Proposed Acquisition of Oil & Gas Assets in North West Kazakhstan
6/24/2019 - Nostrum Oil & Gas, an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, has agreed, subject to certain conditions, to acq...
LUKOIL Signs HoA with KazMunayGaz in Kazakh Sector
6/9/2019 - At the 23rd St. Petersburg International Economic Forum, President of LUKOIL Vagit Alekperov and Chairman of the Management Board of KazMunayGaz Alik Aidarbayev have signed a Heads of Agreement on the...
Eni & KMG Complete Transfer of Subsoil Use Rights of Isatay Block
12/22/2017 - The agreement expands the scope of Eni's activities in Kazakhstan and consolidates the strategic alliance with its key partner KazMunaiGas. The Ministry of Energy of the Republic of Kazakhstan, Eni a...
JPRL Provides an Operations Update in Kazakhstan
9/19/2016 - Jupiter Energy Limited (JPRL) is pleased to provide shareholders with the following Operations Update. ...
Tethys Petroleum Announces Corporate Update
9/16/2016 - Tethys Petroleum Limited announces a corporate update. ...
Condor Petroleum to Start Production at the Shoba Oil Field
9/8/2016 - Canada's Condor Petroleum has announced that the Shoba Production Contract has been executed with the Government of Kazakhstan, which provides for commercial production at the Company’s 100% owned Sho...
Reach Energy Secures SCM's Approval to Buy Stake in Kazakh O&G Firm
8/25/2016 - Reach Energy Berhad, Malaysia’s fourth and largest special purpose acquisition company (SPAC), secured Thursday the approval of the Securities Commission Malaysia (SC) for its proposed qualifying acqu...
Chevron Approves Next Major Tengiz Expansion Project
Chevron Approves Next Major Tengiz Expansion Project 7/5/2016 - Chevron Corporation (CVX) announced that its 50 percent owned affiliate, Tengizchevroil (TCO), will proceed with the development of its Future Growth and Wellhead Pressure Management Project (FGP-WPMP...
Extension to the BNG Contract Area
1/21/2016 - Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news of a 140.6 sq kilometers extension to the BNG Contract Area. ...

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