ASTANA, Kazakhstan, February 3. Kazakhstan's
KazMunayGas (KMG) and Turkish Petroleum Corporation (TPAO) are
considering drilling a well to a depth of 4,500 meters as part of
the offshore Big Zhambyl geological exploration project in the
Northern part of the Caspian Sea, Trend reports via the KMG.
The issue of further steps in bilateral cooperation and the
transition of the Big Zhambyl project to the practical
implementation stage was discussed during a meeting between the
delegations of TPAO and KMG.
Earlier, KMG organized detailed technical sessions for TPAO
specialists and provided access to its data room, allowing the
Turkish side to study a pool of promising geological exploration
projects in detail.
Following the analysis, the Turkish partners identified the
offshore Big Zhambyl project as a priority for in-depth technical
and economic evaluation.
TPAO was established in 1954 as an integrated state-owned oil
company engaged in hydrocarbon exploration, production, refining,
and marketing. TPAO is one of Türkiye’s key state energy companies
and is implementing an extensive program to increase hydrocarbon
output, particularly in the Black Sea and eastern regions of the
country.
Since the signing of a confidentiality agreement in June 2025,
KMG and TPAO have been actively exchanging information and
collaboratively exploring potential projects in Kazakhstan and
Türkiye.
