Astana, 23 January 2013. JSC "KMG EP" ("KMG EP" or the "Company") announces that Abat Nurseitov has been appointed the General Director (CEO) by the Board of Directors. Abat Nurseitov previously worked as the Deputy General Director for Production. He has succeeded Alik Aidarbayev who resigned due to his appointment as Akim of Mangistau region.
JSC KazMunaiGas Exploration Production (“KMG EP” or “the Company”) announces that in 2012 it produced 12,191 thousand tonnes of crude oil (247 kbopd), including the Company’s stakes in Kazgermunai (KGM), CCEL and PetroKazakhstan Inc. (PKI) which is 150 thousand tonnes or 1% less than in 2011.
An extended session with the participation of management of KMG and its subsidiaries was held in its offices on 11 January with a view to discussing the Address of RoK President N.A. Nazarbayev to the People of Kazakhstan 'KazMunayGas 2050 Strategy: New Policy of the Established State'.
The opening ceremony of the first housing estate for POCR JSC workers was held on the eve of Independence Day of the Republic of Kazakhstan. Building owner and source of financing is Pavlodar oil chemistry refinery. The house is built in Ussolskiy microdistrict on Tkachev street, 18.
On October 29 at 9 a.m. the Zhardem Medical Train arrived at Zhanaozen for the purpose of diagnostics and treatment of the local population. The campaign was organized by JSC NC “KazMunayGas” jointly with the akimat of the Mangistau oblast.
The project has been initiated by JSC NC "KazMunayGas" within the framework of implementing the strategic initiative of the group of companies taking into account the growing expectations of the community regarding improvement in the quality of management of Corporate Social Responsibility and Sustainable Development (SRSD) in the RoK's national companies. The purpose is to deploy the integrated management system based on the modern international standards.
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.
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.