Economy

Economy

Even TCO decreased its oil production …

Forecasts of oil production volumes in Kazakhstan fall every year – with oil production suspension at Kashagan, as well as production decrease at some of the "mature" fields. June 2 2014, 17:25 4 468 просмотрs

Economy

Foster Wheeler to provide Terrace Wall steam reformer for Atyrau refinery

Foster Wheeler has received a contract from Marubeni for the engineering and material supply of a new Terrace Wall steam reformer heater for the KazMunayGas oil refinery located at Atyrau, Republic of Kazakhstan, ebr.com reports. June 2 2014, 12:36 3 299 просмотрs

Economy

7th Kazakhstan-British Forum: business formats vary

The 7th Kazakhstan-British Forum on cooperation in the sphere of material-technical support to oil and gas sector was held in Atyrau last week. May 26 2014, 17:43 2 859 просмотрs

Economy

3bn for employment program

According to state program ‘Employment road map -2020” it is scheduled to employ 3 800 people till the end of this year. May 12 2014, 11:46 3 374 просмотрs

Economy

Atyrau to launch 800,000 tpa PP plant by 2016

Kazakhstan is set to construct a major petrochemicals complex in the Atyrau region that is designed to produce up to 800,000 tpa of polypropylene from 2016, azh.kz reports, referring to European Plastics website. May 6 2014, 16:01 8 516 просмотрs

Economy

Kashagan: 200km of pipeline to be replaced (+UPDATE)

Both oil and gas lines at Kashagan require full replacement. This was officially reported today by NCOC press service. April 28 2014, 19:09 6 146 просмотрs

Economy

Heads of NCOC and Eni replaced

As of May 1, NCOC Managing Director Pierre Offant resigns from his position and will be replaced with Stephan de Mayu, ExxonMobil secondee. April 23 2014, 16:48 4 721 просмотрs

Economy

Kashagan: Will they come out 'dry' from sea water?

On Thursday, April 17, members of the government and main investors of the North Caspian project will have a meeting where the investors are going to propose a detailed plan of activities till the end of 2014.   This was voiced by Erbolat Dosaev, the RoK Minister of Economy and Budget Planning at the briefing in Astana on Monday. It is interesting to know whether he will also be taken to task for his contractor company at Kashagan?  April 16 2014, 11:08 3 649 просмотрs

Economy

Atyrau hosts oil & gas, construction exhibitions and conference

Atyrau is hosting two important exhibitions - Atyrau Oil&Gaz-2014 and AtyrauBuild-2012. The exhibitions are opened in Atyrau sport complex and adjacent temp pavilion and will work from April 1 till April 3.  April 2 2014, 16:40 4 189 просмотрs

Economy

Kashagan to be ruined by Italian convict and our businessmen in ministerial chairs

Paolo Scaroni, the CEO of Italian transnational oil and gas company Eni, is sentenced to three years of imprisonment. April 1 2014, 16:04 10 950 просмотрs

Economy

Kashagan: Getting ready for pipeline replacement

In the press release circulated by NCOC it is stated that the results of examination of oil and gas pipeline, as well as laboratory tests results haven’t been obtained yet. They are expecting them in the first quarter of 2014. But it seems that NCOC has already got a general idea about the scales of the job ahead with replacement of pipes. February 19 2014, 12:21 2 802 просмотрs

Economy

Retired foreign business experts provide training in Atyrau

George Vonas, the Canadian of Greek descent, became “the first robin” among the foreign businessmen who decided to share his experience with Atyrau colleagues. December 28 2013, 12:27 2 958 просмотрs

Economy

Kashagan oil production may resume in new year

Atyrau Oblast Governor Baktykozha Izmukhambetov said Wednesday he hoped oil production would resume at the Kashagan field early next year after being shut down by a pipeline accident. December 25 2013, 19:41 2 630 просмотрs

Economy

National Bank issues new 1000 tenge dedicated to “Kultegin”- the monument of the Turkic runic writing

A new 1000 tenge bill was issued and put into circulation by the National Bank of Kazakhstan on December 12, 2013, the press-office of the bank reports. December 17 2013, 20:38 4 092 просмотрs

Economy

Kazakhstan and Italy to build plant for production of flanges in Atyrau

AtyrauNefteMash LLP has inked a memorandum of cooperation with the Italy's Continental flanges and fittings Italia, inform.kz reports. December 9 2013, 16:18 3 504 просмотрs

Economy

Foreign employers 'reluctant' to hire locals – Deputy head of education

Atyrau city department of employment and social programs sent to foreign companies 44 candidates for vacant positions from the pool of local unemployed people and none of them got the job. What is the reason for that? Low level of qualification of our workers, overstated requirements of foreign employers or poor quality of training of our training centers? December 6 2013, 12:32 2 457 просмотрs

Economy

Atyrau to host Kazak-British business forum

Atyrau will host a Kazakh-British Business Forum which will discuss cooperation between companies of the two countries in the oil and gas sector of Kazakhstan, bnews.kz reports citing the press service of the Chamber of Commerce and Industry (CCI) of Kazakhstan. December 5 2013, 10:00 2 934 просмотрs

Economy

Confrontation between Chinese and Kazakhstan workers

Confrontation between Chinese and Kazakhstan workers took place at 9 o’clock in the morning on Nov 27 at the central checkpoint of Atyrau Refinery. November 29 2013, 11:12 2 181 просмотрs

Economy

What is it TCO avoided to discuss openly?

At the recent 1st international business forum “Atyrau Invest – 2013” the most interesting events took place in the section “Kazakh Content Development and State-Private Partnership”.   November 26 2013, 16:40 3 551 просмотрs

Economy

Contracts for 50 bn tenge signed at the Atyrau Invest-2013 Forum

Over 40 memorandums and contracts were signed for 50 billion tenge on November 21 within the framework of the 1st international business forum “Atyrau Invest – 2013”. Over 600 people from 12 countries participated in the forum. November 22 2013, 16:10 3 160 просмотрs

Economy

Memorandum On TCO Future Growth Project Signed

The Republic of Kazakhstan and Tengizchevroil LLP (TCO) signed a Memorandum of Understanding (MOU) that sets out mutual commitments to progress TCO’s plans to increase production at Tengiz field. November 21 2013, 14:59 6 565 просмотрs

Economy

Hysterical losing

During 5 years Tengizinterneftegasstroi LLP (TINGS) is trying to get back through the courts 30% of its shares that it owns on legal bases in the registered share capital of the foreign company - Caspian Sulphur Company LLP (CSC). November 4 2013, 15:06 7 709 просмотрs

Economy

Kashagan: delays and resignations

Kashagan project faces threats of delay again. This time the fault is in the pipelines connecting offshore and onshore complex. The recent statement of NCOC consortium made it clear that pipeline issues are much more serious than they tried to present it to the public earlier. October 30 2013, 12:37 4 428 просмотрs

Economy

Timur Kulibayev and oil industry heads to visit Atyrau tomorrow

Tomorrow, October 30, Timur Kulibayev, the chair of the National Entrepreneurs Chamber (NEC) will pay visit to Atyrau. October 29 2013, 17:24 5 564 просмотрs

Economy

Tengizchevroil intends to increase price of gas for Atyrau region

Department of the Agency of the Republic of Kazakhstan on Regulation of Natural Monopolies of Atyrau region has received a petition from "Zhylyoygaz" Ltd. about intention of "Tengizchevroil" to increase the selling price of natural gas in 2014-2015, inform.kz reports. October 18 2013, 16:33 3 388 просмотрs