Quantcast

Latest KazMunaiGas Exploration Production Stories

2008-10-07 09:00:48

Kazakh state-owned KazMunayGas, ConocoPhillips and the Mubadala Development Company have signed a memorandum of understanding to negotiate terms for the exploration and development of the N Block, offshore Kazakhstan, under a new subsoil use contract. The parties will now have until December 31, 2008 to negotiate the definitive agreements for the assignment by KazMunayGas (KMG) of a 49% interest in the subsoil use contract to be shared equally between ConocoPhillips and the Mubadala...

2008-09-08 12:00:35

By Mark Leftly KazMunayGas Exploration Production (KMG EP), the London and Kazakh-listed oil company, is mulling a flotation on a third stock exchange. The group, which is partly state owned and Kazakhstan's second- biggest oil producer, has received offers from at least four other exchanges. KMG EP listed in London and Kazakhstan two years ago, raising $2.3bn (1.3bn). Zhanneta Bekezhanova, chief financial officer, said: "We are thinking about a third exchange. We have received offers...


Word of the Day
toccata
  • In music, a work for a keyboard-instrument, like the pianoforte or organ, originally intended to utilize and display varieties of touch: but the term has been extended so as to include many irregular works, similar to the prelude, the fantasia, and the improvisation.
This word is Italian in origin, coming from the feminine past participle of 'toccare,' to touch.
Related