ASTANA, Kazakhstan, May 29. QazaqGaz JSC and
China National Offshore Oil Corporation (CNOOC) plan to expand
long-term upstream partnerships through the joint exploration and
development of new hydrocarbon blocks in Kazakhstan, Trend reports via
QazaqGaz.
The exploration framework was finalized during a working meeting
between Alibek Zhamauov, Chairman of the Management Board of
QazaqGaz, and Liu Yongjie, Chairman of the Board of CNOOC
International Limited.
Under the upcoming energy roadmap, CNOOC International plans to
finalize technical and geophysical assessments on several promising
geological exploration targets presented by the Kazakh national gas
company.
The partners plan to utilize advanced seismic reinterpretation
and digital modeling technologies to evaluate the potential of
these new blocks.
This commercial expansion aligns with QazaqGaz’s ongoing
institutional strategy to attract top-tier international energy
firms and foreign direct investment to scale up Kazakhstan’s
domestic natural gas resource base.
