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Halliburton, KazMunayGaz Sign Joint Memo

Oil&Gas Materials 22 October 2008 18:39 (UTC +04:00)

Kazakhstan, Astana, 22 October / Trend corr. K.Konirova/ American Halliburton has signed a memorandum of understanding and cooperation with the KazMunayGaz JSC and its affiliated companies KazMunayTeniz and KMG-Service, according to Kazakh Prime Minister's press service.

On 22 October, Prime Minister of Kazakhstan Karim Massimov met with David Lesar, Chairman of the Board of Directors, President and CEO of Halliburton, which culminated in the signing of the memorandum.

"The meeting discussed prospects of the company's operations in Kazakhstan, in particular, the Halliburton joint projects in the country," press service said.
 

Prime Minister emphasized the need for training and retraining of Kazakh specialists.

In turn, Lesar reaffirmed Halliburton's commitment to human capital development in Kazakhstan. In conclusion, the parties noted the existence of full understanding and working conditions for foreign investors in Kazakhstan.

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