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KMG and Hyundai Engineering agreed to cooperate in the oil and gas industry

12.06.2024

On 12th of June, in Astana NC KazMunayGas JSC signed a Cooperation Agreement with Hyundai Engineering, South Korean EPC engineering company.

The parties agreed to cooperate in the oil, gas and petrochemical industries.

The document was signed by Askhat Kassenov, the Chairman of the Board of KMG and Hyeon Sung Hong, President of Hyundai Engineering.

The agreement provides for exploring opportunities for cooperation in the oil, gas, and petrochemical sectors. It also includes provisions for technology exchange, specialist training, and the transfer of technical knowledge and experience.

Background:

Hyundai Engineering Co., Ltd. is a South Korean EPC contractor with significant expertise in providing total solutions throughout the entire life cycle of projects. This includes feasibility and conceptual studies in the early stages, FEED, engineering, procurement, construction, and commissioning during project execution. The company also provides industry-leading services in project management, integration, technical services, operation and maintenance, technical audits, and rehabilitation of facilities related to refinery, gas processing, petrochemical, fertilizer, and renewable energy projects.


JSC NC KazMunayGas

On 12th of June, in Astana NC KazMunayGas JSC signed a Cooperation Agreement with Hyundai Engineering, South Korean EPC engineering company.

The parties agreed to cooperate in the oil, gas and petrochemical industries.

The document was signed by Askhat Kassenov, the Chairman of the Board of KMG and Hyeon Sung Hong, President of Hyundai Engineering.

The agreement provides for exploring opportunities for cooperation in the oil, gas, and petrochemical sectors. It also includes provisions for technology exchange, specialist training, and the transfer of technical knowledge and experience.

Background:

Hyundai Engineering Co., Ltd. is a South Korean EPC contractor with significant expertise in providing total solutions throughout the entire life cycle of projects. This includes feasibility and conceptual studies in the early stages, FEED, engineering, procurement, construction, and commissioning during project execution. The company also provides industry-leading services in project management, integration, technical services, operation and maintenance, technical audits, and rehabilitation of facilities related to refinery, gas processing, petrochemical, fertilizer, and renewable energy projects.


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