Kazakhstan Approves Technical Regulations for Ethane and Propane Pipelines
The Ministry of Trade and Integration in Kazakhstan has implemented a comprehensive technical regulation for main pipelines transporting liquefied ethane and propane fractions. Approved by the Ministry of Energy, the mandate officially came into…
Technip Energies-KPSP Joint Venture Secures Major Agreement in Kazakhstan
Technip Energies and KPSP have firmed an agreement with Karachaganak Petroleum Operating (KPO) related to the Karachaganak gas and condensate field. Located in Kazakhstan, the Karachaganak has an ongoing project for the enhancement and expansion of its facilities and infrastructure. The agreement was signed by TKJV, a 50/50 joint venture between Technip Energies and KPSP […]
Chevron Pledges a Contribution of $3 Million Towards Relief Efforts for the Floods in Kazakhstan
Chevron Corporation (NYSE: CVX), through its subsidiary Chevron Munaigas Inc. (Chevron), announced today that it is contributing $3 million as assistance to communities in Kazakhstan which are affected by the widespread flooding across the country. “As a longstanding partner of Kazakhstan, Chevron is committed to helping the country in its relief efforts as it works […]
Chevron Direct Investment Fund Ltd. Confirms Kazakh Investments
Chevron Direct Investment Fund Ltd. (CDIF) has announced investment agreements into two Kazakhstani companies. After extensive work, CDIF made direct equity investments in 2023 of up to $41MM (USD) into Top Cleaning Kazakhstan LLP (top.kz), a managed service marketplace for the business and Orhun Med Ltd, a growing healthcare company in Kazakhstan. The companies are […]
Kazakh President Kassym-Jomart Tokayev met with Dai Houliang
On October 3rd in Astana, Kassym-Jomart Tokayev, President of the Republic of Kazakhstan, met with Dai Houliang, Chairman of CNPC, who attended the XV KAZENERGY Eurasian Forum upon invitation. The two sides held cordial and friendly talks on promoting and expanding bilateral energy cooperation. President Tokayev said that CNPC is Kazakhstan’s strategic partner in the […]
Turan Drilling & Engineering Wins US$300 Contract Extension in Azerbaijan
Turan Drilling & Engineering has been granted a contract extension for its offshore drilling operations and maintenance services in Azerbaijan. The extension is valued at US$300m. The extension is valid from April 2024 for the period of two years. It determines that Turan Drilling & Engineering will continue to deliver drilling operations and maintenance as well […]