News
From the basin and the wider industry.
Selected news from Kazakhstan's oilfield services sector — drilling, production, facilities, and partnerships shaping the Mangystau region and the wider Caspian basin.
Kazakhstan Awards $2 Billion in Oil Service Contracts to Local Firms
Kazakhstan has directed roughly $2 billion in oilfield service contracts to domestic operators, reinforcing the local-content agenda across drilling, well services, and surface infrastructure.
Petro Energy Group Drills Two Wells in Mangystau Region Deeper Than Four Kilometres
A Mangystau-based operator has spudded two exploratory wells in the Beineu district, each targeting depths beyond 4,000 metres — a marker of how technically demanding new exploration in the basin has become.
KazMunayGas Subsidiary Launches New Group Unit at the Asar Field
Mangistaumunaigas has commissioned a new group unit (GU-4) at the Asar oil and gas field, adding gathering and processing capacity in one of the region's mature producing areas.
Kazakhstan Expands Exploration Push with 30-Plot Auction as International Interest Grows
The Ministry of Energy is putting 30 new blocks up for tender, signalling a broader opening of upstream acreage and creating fresh demand for drilling, services, and surface construction partners.
China to Build New Gas Processing Plant at Kashagan
A consortium of Chinese contractors will build a second gas processing plant at Kashagan with a capacity of 2.5 bcm per year — a major facility-construction milestone for the wider Caspian basin.
KazMunayGas and bp Sign Memorandum on Ustyurt Block Exploration
KMG and bp have agreed to jointly explore the Ustyurt block in the Mangystau Region, opening a new chapter of major-IOC activity in the same basin where CaspianMunaiGas operates.
Hyundai Wins Contract to Build Gas Processing Plant at Karachaganak
Hyundai has been awarded the EPC contract for a new gas processing plant at the Karachaganak field — another large-scale construction package landing in Kazakhstan's upstream pipeline.
Sinopec Launches 4.7 Billion Tenge Oil Drilling Project in Mangystau
Sinopec's Dutch subsidiary has begun drilling a 5.5 km exploratory well at the Sai-Utes site, deepening foreign investment in Mangystau's exploration portfolio.
External links are provided for context on the wider Kazakh and Caspian oil and gas industry. CaspianMunaiGas is not the publisher of these articles and is not responsible for third-party content.
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