Changes occur in membership of Board of Directors of KMG EP
Astana, Kazakhstan, Jan.13
By Daniyar Mukhtarov - Trend:
KazMunaiGas Exploration Production JSC (KMG EP or Company) announced that following the extraordinary general meeting of its shareholders, the membership of the Board of Directors has changed, the JSC press service said Jan.13.
"Christopher Hopkinson, the First Deputy Chair of the Management Board of National Company KazMunaiGas (NC KMG), has been appointed as member of KMG EP Board of Directors," said the message. "This follows Daniyar Berlibayev's departure as Chair of the KMG EP Board of Directors and as a member of the Board of Directors."
The press service also said that KMG EP's majority shareholder recommended Christopher Hopkinson due to his expertise in NC KMG in supervising the implementation of growth strategies for subsidiaries, affiliates and joint ventures in the oil and gas production sector. His expertise includes the implementation of production and resource base growth programs. He has also recently supervised international cooperation regarding transfer of technology and technical assessments of existing and newly acquired oil and gas projects both in Kazakhstan and abroad.
Christopher Hopkinson has been in the oil and gas sector since 1980. Before he joined NC KMG he was the CEO of International Petroleum; General Director at Imperial Energy, and Senior Vice President North Africa at BG Group. He held various jobs at Shell and TNK BP. Christopher Hopkinson majored in physics at St Andrews University, in Scotland.
KMG EP is among the top three Kazakh oil and gas producers. The overall production in 2013 was 12.4 million metric tons (an average of 251,000 barrels per day) of crude oil, including the Company's share in Kazgermunai, CCEL and PKI. The Company's total consolidated volume of proved and probable reserves including shares in the associates, as at the end of 2013 was 200 million metric tons (1.5 billion barrels), out of which 148.8 million metric tons (1.1 billion barrels) relates to Ozenmunaigas, Embamunaigas, and UOG (Rozhkovskoye field, Fyodorovskiy block).
Edited by CN