7 Mar 2012 Rompetrol Bulgaria, to open 10 new stations in the next 2 months
The Rompetrol Group, via Rompetrol Bulgaria, will open by the end of April 10, new gas-stations in Bulgaria. Thus, the national network operated by Rompetrol Bulgaria will reach 70. At the same time, the company reported a growing interest from the white stations owner to join the Rompetrol network.
7 Mar 2012 Rominserv, partner in the modernization of supply network of Constanţa
Rominserv, the general contractor of The Rompetrol Group will get involved in the project of rehabilitation and extension of the drinking water and sewerage networks in Constanta in accordance with a partnership, recently concluded with Raja Constanta – the biggest regional operator in the field of fresh water supply for population and treatment of wastewaters.
2 Mar 2012 JSC KazMunaiGas Exploration Production 2011 financial results
Astana, 2nd March 2012. JSC KazMunaiGas Exploration Production (“KMG EP” or “the Company”) released its consolidated financial statements for the year ended December 31, 2011.
2 Mar 2012 The Rompetrol Group and Ovidiu Rom – 9 years of partnership for supporting education in Romania
The Rompetrol Group continues in 2012 the partnership with Ovidiu Rom Association and supports early education for children coming from families with low incomes, through the program “Each child in kindergarten”. The level of contribution to this social cause reached in 9 years a value of EUR 200.000.
22 Feb 2012 A new wave of investment and business activity in Atyrau
The annual Atyrau Oil and Gas exhibition, held on 3-5 April 2012, will have almost twice as must exhibition space as the previous year’s event, as this year the exhibition will be held in an exhibition pavilion temporarily erected by Iteca at the Atyrau Sports Complex. The event is again being organised by the Kazakhstan exhibition company Iteca and its British and German partners.
2 Feb 2012 Germanischer Lloyd Certification, new certification for The Rompetrol Group
The Rompetrol Group through The Rompetrol Group Corporate Center – the managing and governing division of the Group, has recently certified its profile activities and operations in accordance with the integrated system of quality management, environment protection, labor health and security.
1 Feb 2012 The Board of Directors of KMG EP has decided to create joint stock companies based on existing production facilities and elected new members to the Management Board
Astana, 01 February, 2012. JSC KazMunaiGas Exploration Production (‘KMG EP’ or ‘the Company’) reports on decisions made at the last meeting of the Board of Directors. The Board of Directors considered the Company's management proposal to transfer significant powers to the production facilities "Uzenmunaygaz" and "Embamunaygaz”. The Board agreed with the suggestion to transform the two production branches into joint stock companies. KMG EP will own 100% of the shares of the new entities. These changes involve the transfer to the newly created joint-stock companies of the fixed assets and the subsoil use rights, subject to approvals by appropriate authorities. Joint-stock form of ownership will give the companies necessary autonomy in the conduct of their business operations and will ensure their management’s responsibility, as well as transparency and compliance with modern standards of corporate governance.
16 Jan 2012 Rompetrol – 2.8 million USD for dragging works in the Midia Port
The Rompetrol Group through Midia Marine Terminal will execute during January – June 2012 dragging activities of the Midia Port berths in order to facilitate the transit of oil tankers. The cost of the works is estimated at 2.8 million USD.
Season greetings and warmest wishes
for the New Year!
May 2012 bring joy, happiness, success,
peace and prosperity to you!
Best wishes,
NC KazMunayGas JSC
28 Dec 2011 KMG EP acquires “Karpovskiy Severnyi” exploration block
Astana, 28 December 2011. KazMunaiGas Exploration Production JSC (“KMG EP” or “the Company”) announced the closing of the acquisition of 100% of shares in Karpovskiy Severnyi JSC from GazMunaiOnim LLP for 59 mln USD. Karpovskiy Severnyi JSC is a subsoil use right holder under the Contract for Exploration of Oil, Gas and Condensate at Karpovskiy Severnyi (“the Block”) contract area in the Western Kazakhstan region. The deal was approved on 18 October 2011 by the Board of Directors of KMG EP. All regulatory approvals have also been received.
23 Dec 2011 Lyazzat Kiinov was appointed Chairman of the Board of JSC NC “KazMunayGas”
Today the Board of Directors of “SWF “Samruk-Kazyna” JSC in consultation with the Prime Minister of Kazakhstan has come to decision to terminate the authority of Chairman of the Board of KazMunayGas National Company JSC Bolat Akchulakov.
23 Dec 2011 Rompetrol Group is expanding its retail network in France
Dyneff France, a member company of The Rompetrol Group, has opened a new Rompetrol fuel station on A10 highway, connecting Bordeaux and Paris, at about 320 kilometres from Paris.
23 Dec 2011 KMG EP appoints a new Chief Executive Officer
Astana, 22 December 2011. JSC "KMG EP" ("KMG EP" or the "Company") has announced that as of 22 December 2011 the Chairman of the Management Board (CEO) Askar Balzhanov has resigned from his position. Alik Aidarbayev, the current Chairman of the Board of directors has been appointed the Chairman of the Management Board (CEO). Mr Sisengali Utegaliyev will act as Chairman of the Board of directors until the election of a new chairman.
21 Dec 2011 On the situation at Uzenmunaigas with regard to the disturbances in the city of Zhanaozen
Astana, 21 December, 2011. JSC "KazMunaiGas Exploration Production" ("KMG EP" or the "Company") reports that there has been no damage caused to KMG EP production facilities during the disturbance that took place in the city of Zhanaozen on the 16th December 2011. The situation at the Uzen field is stable. Average daily production rate is maintained approximately at the level of previous days but somewhat below the planned level due do a number of power cuts in the field in December. With the help of police the security, including the armed security at all the Uzenmunaigas (“UMG”) production facilities, has been arranged.
21 Dec 2011 KMG EP announces the results of a specialised trade of its preferred shares on KASE
Astana, 20 December 2011. JSC KazMunaiGas Exploration Production («the Company», «KMG EP») is pleased to announce that a closing specialized trade for the repurchase of the Company’s preferred shares was held on KASE from 21 November 2011 till 20 December 2011.
20 Dec 2011 Rompetrol – USD 10,000 to equip ISU Bihor teams
Rompetrol Group, through the social responsibility program – Together for Everyone, supported with USD 10,000 the equipment of ISU/SMURD Bihor teams with an informational system to assist decision-making, a one of a kind system in Romania, to be used in emergency missions.
15 Dec 2011 Rompetrol is finalizing the assembly works of two new units on the Petromidia platform
“On the eve of the 20’th anniversary of the Republic of Kazahstan Rominserv – a subsidiary company and the general contractor of The Rompetrol Group, is successfully completing construction and assembly operations on two new units at the Petromidia platform (mild hydrocracker unit and hydrogen plant) and has began pre-commissioning and start-up activities in accordance with the refinery processing capacity increase program up to 5 million tons. The investment in the new facilities is estimated to be 264 million USD, while the Petromidia refinery processing capacity increase program amounts 377 million USD.“
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