Petrokazakhstan is vertically integrated oil and gas group which shareholders are "China National Petroleum Corporation" and the KazMunaiGas National company.
Petrokazakhstan include the field of activity: geological exploration, development of fields, oil and gas production and also acquisition of fields, processing and sale of oil and oil products. h
The basis of production structure of Petrokazakhstan Group is formed by two divisions:
- JSC Petrokazakhstan Kumkol Resorsiz (PKKR)
- Petrokazakhstan Oil Prodakts LLP (PKOP).
Located in the Kyzylorda region, PKKR is engaged in oil production, and PKOP which is based in the regional center of the Southern Kazakhstan area the city of Shymkent – oil processing.
Petrokazakhstan also owns a 50% share in two joint ventures performing activity in the Southern Turgai oil-bearing basin. The partner of the company in JV KazGerMunai — JSC RD KazMunaiGas, and in JSC Turgai Petroleum — Lukoil Oversiz Kumkol B. V LLP.
Business Petrokazakhstan is a uniform technology chain: from exploration and production of oil before its processing in high-quality oil products and the developed system of marketing and transportation.
Annually in the Southern Turgai basin Petrokazakhstan spends not less than 50 million US dollars for exploration works. So, in 2010 the company drilled 12 exploratory and appraisal wells, having carried out at the same time seismoprospecting works 2D/3D and pereobrabotku / reinterpretation of these last years.
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