KMG completes transfer of Isatay subsoil use rights to ENI
Baku, Azerbaijan, Jan. 5
By Ali Mustafayev – Trend:
KazMunayGas JSC (KMG) transferred 50 percent of the subsoil use rights on the Isatay oil field to ENI Isatay B.V.
According to a KMG message posted on the website of the Kazakh Stock Exchange, the deal on transfer of 50 percent of the subsoil use rights within the contract for combined exploration and production of hydrocarbons at Isatay was completed in December 2017.
Eni is the biggest Italian oil and gas company. The main operation regions of the company are Africa, Russia and Kazakhstan. Its main markets are Italy and other European countries.