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KazMunayGas and Tatneft Start Explorations at the Karaton Pre-Salt

31.10.2024

KazMunayGas (KMG) CEO Askhat Khassenov met with Tatneft General Director Nail Maganov.

During the meeting, the managers discussed the progress of preparatory work for drilling of the first 5,500-meter-deep exploratory well at the Karaton Pre-Salt site. Drilling equipment is currently being installed at the site. Drilling is scheduled to begin in November 2024.

The Karaton Pre-Salt site is located in Atyrau and Mangistau regions near the Embamunaigas producing fields.

The parties also discussed prospects for petrochemicals cooperation.

KazMunayGas and Tatneft, to recap, signed in Kazan on 21 February 2024 the Karaton Pre-Salt Project Purchase and Sale Agreement, Shareholders Agreement and Financing Agreement.


JSC NC KazMunayGas

KazMunayGas (KMG) CEO Askhat Khassenov met with Tatneft General Director Nail Maganov.

During the meeting, the managers discussed the progress of preparatory work for drilling of the first 5,500-meter-deep exploratory well at the Karaton Pre-Salt site. Drilling equipment is currently being installed at the site. Drilling is scheduled to begin in November 2024.

The Karaton Pre-Salt site is located in Atyrau and Mangistau regions near the Embamunaigas producing fields.

The parties also discussed prospects for petrochemicals cooperation.

KazMunayGas and Tatneft, to recap, signed in Kazan on 21 February 2024 the Karaton Pre-Salt Project Purchase and Sale Agreement, Shareholders Agreement and Financing Agreement.


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