Equinor maintaining close co-op with Kazakhstan despite COVID-19 pandemic
BAKU, Azerbaijan, Aug.7
By Nargiz Sadikhova - Trend:
Kazakhstan’s KazMunayGas (KMG) and Norway’s Equinor maintaining cooperation within the Joint Study Agreement despite COVID-19 pandemic, Equinor representative told Trend.
The document was signed by Dastan Abdulgafarov, Chief of Staff, Managing Director for Development at KMG, and Tore Loseth, Senior Vice President for Exploration at Equinor. The agreement provides for geological and geophysical studies to assess the hydrocarbon potential of oil and gas areas in Kazakhstan.
The company official said that the work within the agreement has already begun. The activities within the agreement oversee carrying out geological and geophysical studies to evaluate the hydrocarbon potential in the Caspian Sea and in onshore areas.
Talking whether the COVID-19 pandemic has affected the cooperation within the agreement in any way, the company official said that pandemic has to some extent affected company itself.
“The pandemic has to some extent affected the way we work in general. Due to travel restrictions and infection control rules and regulations, we are using digital tools and virtual meetings to a much larger extent than earlier,” the company said.
The company official added that COVID-19 will not affect Equinor-KMG relations.
“We have a close cooperation and dialogue with our partner KazMunayGas and will continue developing this partnership regardless of the current COVID-19 context. As mentioned, this is possible by using digital platforms and tools,” the company said.
KMG is the Kazakhstan operator for exploration, production, refining and transportation of hydrocarbons, representing the state interests in the oil and gas industry of Kazakhstan.
Equinor is an international energy company present in more than 30 countries worldwide, including several of the world’s most important oil and gas provinces.
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