Kazakhstan, Astana, Feb. 26 / Trend corr K. Arinova /
KazMunayGaz (KMG) President Kairgeldi Kabildin met with StatoilHydro Executive Director Helge Lund in Astana on Feb. 26, KMG Public Relations Department Director Galim Tumabayev told Trend .
"The meeting focused on joint activities on the Abay project," Tumabayev said.
Tumabayev said KMG and StatoilHydro held a range of meetings in early 2009 and discussed the feasibility study of joint activities in Abay.
He added that the meeting also touched upon strategic partnership.
KMG and StatoilHydro signed business contracts in 2005.
Abay is located in the Kazakh sector of the Caspian sea and 60-70 kilometers northwest of the Boshazi Island. The sea depth at the site is 8-10 meters.