LUKoil plans to abandon 2 of 3 geological exploration projects in Caspian offshore of Kazakhstan. The company intends to leave Atash and Tyub-Karagan projects as its estimation and expectation hadnt proved out and these projects were in the closure stage. At the same time, a process of section of drilling contractor is under way in Jambai South-South Zaburnuke. The process was delayed due to adverse working conditions and because of lack of required drilling equipment. LUKoil is the main Russian investor in Kazakhstan. |
Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more
Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more
Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more