ASTANA, Kazakhstan, April 2. KazMunayGas (KMG) and Kazakhstan’s National Geological Service have signed a cooperation agreement to reprocess historical geological and geophysical data and reassess the potential of sedimentary basins, Trend reports via KMG.
The agreement was signed between First Deputy Chairman of the Management Board Kurmangazy Iskaziyev and Chairman of the Management Board Yerlan Galiev during the Geoscience & Exploration Central Asia 2026 (GECA-2026).
The statement indicates that the agreement encompasses the
reprocessing of historical geological and geophysical data during
the period of 2026 to 2030.
The initiative aims to reevaluate the geological potential of
sedimentary basins, mitigate exploration risks, enhance investment
appeal, and expedite the involvement of strategic partners.
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