BAKU, Azerbaijan, July 30. Kazakhstan's
national oil and gas company KazMunayGas (KMG) and China National
Chemical Engineering Co. Ltd. (CNCEC) have discussed expanding
cooperation on joint oil and gas projects, including in the
petrochemical sector, KMG reports.
The discussions took place during a working visit to Beijing,
where KMG Chairman Askhat Khassenov held talks with CNCEC Chairman
Mo Dingge.
"The parties reviewed prospects for mutually beneficial
cooperation in implementing joint projects across the oil and gas
industry, with a particular focus on petrochemicals and the
application of advanced technologies," KMG said.
During the meeting, CNCEC presented an overview of its completed
industrial projects as well as its proprietary scientific and
technological developments.
Following the talks, the two sides agreed to strengthen contacts
and deepen cooperation in key areas of mutual interest.
During his visit to Beijing, Khassenov also met with Zhang
Chuanjiang, Chairman of the Board of Directors of China National
Offshore Oil Corporation (CNOOC), to discuss ongoing joint projects
and prospects for expanding bilateral cooperation.
The talks focused on strengthening the long-term strategic
partnership between KMG's subsidiaries and CNOOC. In particular,
KMG Drilling & Services and China Oilfield Services Limited (COSL)
are expanding cooperation in drilling and oilfield services for
international projects. The companies also agreed to develop
cooperation in key areas, including drilling, well services,
technology transfer, local content development, and workforce
training through a dedicated educational program.
