In 2021, the company concluded new contracts for hydrocarbon exploration and production as a result of auctions for granting subsurface use rights for hydrocarbons announced by the Ministry of Energy of the Republic of Kazakhstan.
Certain requirements were imposed on bidders, such as drilling of exploration wells, 2D seismic exploration, and a minimum share of local content in staff of at least 50% for heads and their deputies, 80% for heads of structural divisions, 90% for specialists, and 100% for skilled workers.
As a result, new sites have been added to the list in the regions of Atyrau, West Kazakhstan, Ulytau, and Kyzylorda. New businesses have joined the group, and more jobs have been created.
KARABAU SITE
«Karabau Petroleum» LLP was determined the winner of the auction for granting subsurface use rights to hydrocarbons at the Karabau site located in the Atyrau and West Kazakhstan regions. The land area is 1691.92 km2.
BALKUDUK SITE
«Balkuduk Munay» LLP became the winner of the auction for granting subsurface use rights for hydrocarbons in the site located in the Atyrau region. The land area is 2552.58 km2.
BEGAIDAR SITE
«SapaInvestment» LLP was determined the winner of the auction for granting subsurface use rights to hydrocarbons at the Begaidar site in the Atyrau region. The land area is 2860.6 km2.
KUMKOL SITE
Kumkol Oil LLP was determined the winner of the auction for granting subsurface use rights to hydrocarbons at a site near Kumkol in the Karaganda and Kyzylorda regions. The land area is 1631.7 km2.
