KIOGE - News Blog

Oil reserves in Kazakhstan may rise to 76 bn tons

ATYRAU. KAZINFORM. Oil reserves in Kazakhstan may increase up to 76 billion tons. According to geologists, the unexplored deposits in salt domes at a depth of 5 to 12 kilometers contain such quantity of crude, Kazinform correspondent reports. "Kazakhstan's reserves equal to...

Created on 12 June 2017.

Pavlodar refinery upgrade progressing on demand increase

Kazakhstan has increased oil production and refining. Oil production reached over 1 million 700 thousand barrels per day in the past four months. It was announced by the Kazakh Energy Ministry. The increase is due to expanded output at Kazakhstan’s largest oil fields. The Energy...

Created on 30 May 2017.

Rosneft, Eni, CNPC plan to join Eurasia project

ATYRAU. KAZINFORM - Oil giants Rosneft, Eni and CNPC are planning to join the Eurasia oil and gas project set to be implemented in Kazakhstan, Kazinform correspondent reports.Baltabek Kuandykov, President of the Kazakhstan Society of Petroleum Geologists, revealed that meetings...

Created on 29 May 2017.

Global Oil Market Rebalancing Speeds Up, Belied By Inventories

LONDON, May 16 (Reuters) - The global oil market is rebalancing and the pace at which supply and demand are falling into line is picking up, even if inventories still fail to reflect the impact of OPEC supply cuts, the International Energy Agency said on Tuesday. In its monthly...

Created on 22 May 2017.

Fitch: Kazakh economy gradually adjusting to oil price shock

The international rating agency Fitch Ratings has affirmed Kazakhstan's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'BBB' with Stable Outlooks. The issue ratings on Kazakhstan's senior unsecured foreign-currency bonds have also been affirmed at 'BBB',...

Created on 16 May 2017.

IMF forecasts oil production in Kazakhstan to grow

Baku, Azerbaijan, May 2 By Elena Kosolapova – Trend: The International Monetary Fund (IMF) forecasts oil production in Kazakhstan to increase to 1.69 million barrels per day in 2017. In 2016, 1.62 million barrels of oil were daily produced in Kazakhstan, said the IMF’s updated...

Created on 16 May 2017.

Wood Group awarded NCOC framework in Kazakhstan

ABERDEEN -- Wood Group has secured a new framework agreement to provide study engineering for North Caspian Operating Company’s (NCOC) offshore and onshore asset portfolio in Kazakhstan. The contract extends Wood Group’s support of NCOC. The company is currently delivering the...

Created on 16 May 2017.

Lapp Group - actual products, service and quality

The “Lapp Kazakhstan LLP'” is a part of Lapp Group, that produces cables and conductors for different industries and markets: mechanical and systems engineering, the automotive industry, MSR technology, electrical and installations engineering, EDC and more. Our brands ÖLFLEX®...

Created on 16 May 2017.

AKGEN GROUP LLP is an official distributor of AKSA brand

AKGEN GROUP LLP is an official distributor of AKSA brand within the Republic of Kazakhstan. Our company is specialized in standalone and standby power supply, energy-efficient technologies and maintenance of diesel power plants. The company’s major lines of business are...

Created on 16 May 2017.

Neotech Global will take part in the 25th Anniversary Kazakhstan International Oil & Gas Exhibition - KIOGE 2017

Within the framework of the exhibition, Neotech Global specialists will answer questions about linguistic support for companies in the oil and gas industry, including: • written technical translation• interpretation• linguistic consulting• auditing companies’ in-house...

Created on 15 May 2017.

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