On Changes in Management Board of National Company “KazMunayGas”
Due to the expiration of the labour agreement, Zhakyp Marabayev is leaving the position of Deputy Chairman of Management Board of JSC NC "KazMunayGas” for Exploration and Production.
Alik Aidarbayev, Chairman of KMG's Management Board, has thanked Mr. Marabayev for the fruitful work he has carried out. Specifically, notwithstanding the restrictions as part of the OPEC+ obligations and the impact of the coronavirus pandemic, the amount of the oilfield services has been preserved and the current level of production in the producing enterprises of the KMG group maintained.
– The last two years became a period of challenges and changes in all respects. They brought hardships; and the pandemic urged us to mobilize all our resources and became a test of strength for every one of us. However, living and working in the new reality have revealed our strengths and identified further priorities of development. ‘I'd like to express my thanks to the company's staff and every oil worker of KazMunayGas for our joint efforts’, – Zhakyp Marabayev noted.
Zhakyp Marabayev has descended from a family of oil workers, he has has been employed for around 40 years in the positions of responsibility in the petroleum industry. Over the years, he worked as General Director of KazakhstanCaspiShelf JSC, Vice President of KazakhOil CJSC, Vice President of KazTransOil JSC, Chief Executive Office of KazMunaiGas Exploration Production JSC, Deputy Managing Director of North Caspian Operating Company.