Economy

Economy

Embamunaigas General Director appointed

Kurmangazy Iskaziev was appointed new General Director of Embamunaigas JSC. K. Iskaziev earlier worked as the chief geologist of National Oil Company KazMunaiGas. January 13 2015, 18:15 3 355 просмотрs

Economy

Kashagan: the matter is not in pipes only? (+update)

According to PSA (Production Sharing Agreement) Kazakhstan will not refund NCOC’s expenses for renewal of production at Kashagan. According to preliminary estimates, the cost of pipelines replacement will make about $3 billion. But it seems that the matter is not only in pipes. January 6 2015, 11:23 8 363 просмотрs

Economy

"Saipem" and "Bonatti" will work on pipeline replacement?

At the recent NCOC public hearings re. replacement of pipelines at Kashagan (see "Kashagan: new expectations, old concerns") NCOC managing director Stephan de Mayo didn't name the companies that will participate in this project. December 23 2014, 16:20 7 442 просмотрs

Economy

Crude to Pavlodar via Samara

KazTransOil employees’ meeting with the first RoK Vice-Minister of Energy Uzakbai Karabalin and the RoK Deputy Minister of Justice Bakytzhan Abdiraim took place in the Western branch office of KazTransOil. December 23 2014, 15:01 1 951 просмотрs

Economy

North Caspian project to have one joint company

Yesterday, December 9, at the public hearings, NCOC Consortium Managing director Stephen de Mayo made an official statement about the transition of the Consortium to the new management system. December 10 2014, 10:50 4 942 просмотрs

Economy

Polypropylene plant will be built by the Chinese, but not by Sinopec Engineering

Kazakhstan Petrochemical Industries (KPI) and its general contractor Sinopec Engineering (Group) Co. Ltd. have terminated an engineering, procurement and construction contract for a the 1st phase of polypropylene production (PP) plant in Atyrau, according to information of Sinopec Engineering published on its corporate website. November 21 2014, 12:26 7 121 просмотрs

Economy

Downsizing is expected at Agip (+update)

According to the information provided by Gulbolat Amangaliyeva, the Head of regional department of employment coordination and social programs, as of November 1, 1904 people were employed at the offshore complex of the North Caspian project, including 1424 people from Kazakhstan. At the onshore complex – over 6,5 thousand people (including 6 253 Kazakhstan citizens) were employed. November 10 2014, 16:45 3 471 просмотрs

Economy

Bridge across the River Ural in Makhambet Village

In Makhambet district center the construction of an automobile bridge across the Ural River connecting the villages Esbol, Ortakshil, Enbekshil, Akzhaik, Alga and Leskhoz with the ‘mainland’ is ongoing. November 10 2014, 12:25 2 789 просмотрs

Economy

Winners also file lawsuits (+Update)

“Cash all gone” - this is how Kashagan was re-worded.  Enormous both by its scales and cost, Kashagan project once again has not entered final straight, despite participation in it of largest world oil and service companies. Without much effort they win the most enviable million dollar contracts in the project, but at the same time they violate the rights of the Kazakh contracting companies. An illustration to this is a difficult situation that local company Tulpar Energy Services LLP is currently facing. October 31 2014, 17:20 4 814 просмотрs

Economy

Problematic well at D island

On D island at Kashagan the operation of one out of 12 oil-extracting wells remains questionable. October 29 2014, 23:38 2 960 просмотрs

Economy

How to train personnel? President said - “like Germans do it” (+update)

On October 20, Gulshara Abdykalikova, Deputy Prime Minister of Kazakhstan, and Aslan Sarinzhipov, Minister of Education, visited Atyrau with working visit. They discussed the issues of vocational training modernization with the heads of state agencies and major oil and gas companies. October 21 2014, 12:53 3 473 просмотрs

Economy

Oversized equipment for Tengiz will be hauled along the roads of Atyrau

On Sunday, October 19, an oversized cargo for TCO’s plant at Tengiz will be hauled from the river port via several streets of Atyrau to its destination. October 16 2014, 14:07 4 371 просмотрs

Economy

AI-92 petrol still lacks on Atyrau market

The situation with fuel supply in our region remains tense.   In the last three days AI-92 petrol was not available at many gas stations of our city.   There was also a shortage of AI-95, so some frustrated drivers were forced to buy AI-98.  September 23 2014, 17:24 3 127 просмотрs

Economy

English speaking operator trained in 10 months

“Kasipker” Holding" jointly with KazMunaiGas National Oil Company presented the program of the 10-month course “Receiving basic education in a trade”. The training will take place at APEC Petrotechnic interregional center for training and retraining of oil and gas industry workforce.   September 18 2014, 16:41 2 254 просмотрs

Economy

New Kashagan operator will make on-the-spot decisions (+NCOC Statement)

“North Caspian Joint Venture” (NCJV) that will replace the current NCOC company (“North Caspian Operating Company”) becomes the new operator of the Kashagan North Caspian project. September 15 2014, 10:32 6 290 просмотрs

Economy

Oil price is going down, the game continues

On Monday, September 9, the price of Brent oil dropped below 100 dollar mark per barrel. This news amid recent fuel price increase, petrol crises  (probably, artificially supported by traders) and anticipation of yet another fuel price increase, raises a question. Why is petrol price going up in our country, if the price of barrel of oil is going down? September 13 2014, 10:54 2 836 просмотрs

Economy

Almaty to host 22nd Kazakhstan international exhibition and conference “Oil and Gas - KIOGE 2014”

From September 30 till October 3 the southern capital of Kazakhstan – Almaty will host the 22nd Kazakhstan international exhibition and conference “Oil and Gas - KIOGE 2014”, azh.kz reports. September 11 2014, 17:02 3 599 просмотрs

Economy

Atyrau agro-industrial complex provided 9,900 workplaces since Jan

"9,900 new workplaces have been created in the agro-industrial complex of the Atyrau region since the beginning of the year," governor of the region Baktykozha Izmukhambetov told at the core group meeting, azh.kz refers to kazinform. August 15 2014, 15:56 2 270 просмотрs

Economy

NCOC office will move from Astana to Atyrau

By the end of the year the office of the North Caspian project operator - NCOC has scheduled to move from Astana to Atyrau. August 12 2014, 10:21 4 417 просмотрs

Economy

New drill bit plant commissioned in Atyrau

Today Kazakh President Nursultan Nazarbayev gave a start to Atyrau plant producing drill bits, inform.kz reports. July 2 2014, 16:51 2 047 просмотрs

Economy

NCOC is replacing pipes in “confidential” manner

Ak Zhaik newspaper sent an inquiry to NCOC with the following questions: “Have the tender process for pipes delivery been closed? What company won the bid? What are the materials and specifications of new pipes?”. June 27 2014, 12:00 2 156 просмотрs

Economy

Honorary Consulate of France opened in Atyrau

On Friday, June 20, the official opening ceremony of the Honorary Consulate of France took place in Atyrau. Francis Etienne, Ambassador Extraordinary and Plenipotentiary to Kazakhstan, and Deputy Governor of Atyrau Oblast Shyngis Mukan participated in the ceremony. June 23 2014, 13:08 3 626 просмотрs

Economy

Travel to the Earth's center - Kazakhs Seeking to Drill 15km Deep Wells

In search of new hydrocarbon reserves Kazakhstan intends to break a world record in super-deep drilling. In 2015 in Atyrau Oblast (tentatively on the border with West Kazakhstan Oblast) the drilling of a 15 kilometers deep exploration well will start. The project is called “Eurasia” and from the point of its ambitiousness -  it can be compared, for example, to rocket launch to the Moon  June 17 2014, 11:49 4 878 просмотрs

Economy

Memorandum signed between North Caspian Сonsortium and RoK Government

Consortium memebers and the government of Kazakhstan signed Memorandum on further development of Kashagan project. June 16 2014, 16:17 2 073 просмотрs

Economy

North Caspian Project participants to merge into one company

Participants of the North Caspian Consortium agreed to form one consolidated joint company under the same name that the present operator of the project has – the North Caspian Operating Company (NCOC). There will be no agency companies in the structure. June 9 2014, 17:43 4 239 просмотрs