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Total, KazMunayGas and Kazakh Energy Ministry signed MoU

Total, KazMunayGas and Kazakh Energy Ministry signed MoU Total, KazMunayGas and Kazakh Energy Ministry signed MoU


Nur-Sultan, July 31 - Neftegaz.RU. France energy giant Total has signed a Memorandum of Understanding in the field of digitalization in the oil and gas industry with Kazakhstan’s national oil and gas company KazMunayGas (KMG), and the Kazakh Ministry Energy, New Europe reported.

The memorandum was signed during the visit of France’s Economy and Finance Minister Bruno Le Maire to Nur- Sultan.

In accordance with the signed document, the parties intend to assist government agencies and other organisations in the implementation of the state programme “Digital Kazakhstan”” and the further process development of digitalization of the oil and gas industry.

Total is among the top 10 largest oil and gas companies in the world. Therefore, their experience in the issues of digitalization of the oil and gas industry and the application of modern technologies will allow Kazakhstan to adopt the best practices in order to improve operating efficiency and increase in oil and gas assets,” the deputy chairman of KMG, Zhakyp Marabayev, said after the signing ceremony.

“The signed memorandum will not only strengthen cooperation between the 2 companies, but also significantly expand its borders,” Marabayev added.

To read the full story in Russian.

Author: Kulpash Konyrova