Karachaganak Petroleum Operating B.v. Kazakhstan Branch Office
Homepage http://www.kpo.kz
LinkedIn Profile https://linkedin.com/company/k***po***
HQ Location
Kazakhstan Industrial zone, KPO Main building Aksai, Burlin Region 090300 Kazakhstan
Karachaganak Petroleum Operating B.V. (KPO) is a joint venture between Royal Dutch Shell (29.25%), Eni (29.25%), Chevron (18%), LUKOIL (13.5%) and KazMunaiGas (10%).
KPO oversees the expansion and development of the Karachaganak field – one of the world’s largest oil and gas condensate fields. Located in northwest Kazakhstan it covers an area of over 280 square kilometres and holds estimated hydrocarbons initially in place (HIIP) of 9 billion barrels of condensate and 48 trillion cubic feet (tcf) of gas, with estimated gross reserves of over 2.4 billion barrels of condensate and 16 tcf of gas.
Since signing the Final Production Sharing Agreement 1997, KPO’s Partners have invested around $21.4 billion into developing of the field and applying industry leading technology aimed at maximizing sustainable economic value. This is being implemented in accordance with the highest RoK and international safety and environmental protection standards.
KPO fully supports initiative of the Republic of Kazakhstan
Fossil Fuel and Energy Production
The Fossil Fuel and Energy industry encompasses businesses that specialize in the production, transport, and distribution of energy derived from fossil fuels such as coal, oil and natural gas.
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