16 Days
Source:
الوطن
Ocyo and Kaz Munay Gas Finalize Cooperation
OQIO Exploration and Production Company signed a strategic cooperation agreement with the Kazakh national oil company, KazMunayGas, during its visit to Kazakhstan. The aim is to enhance collaboration in the oil and gas sector between the Sultanate of Oman and Kazakhstan. The agreement covers evaluating investment opportunities, acquisitions, and partnership in exploration and production of assets, with a focus on developing mature fields, improving production, and applying enhanced oil recovery techniques. It also involves exchanging expertise and technologies in digital transformation, governance, health, and safety. This step represents an important milestone for promoting growth and expanding the investment portfolio of both parties, while supporting sustainability and achieving shared economic value for both countries.
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