Key events
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The Company launched a gas treatment plant at Prorva group of fields. The project was implemented within the framework of the Associated Gas Utilization Program of Embamunaygas JSC. Thanks to the installation of the plant, EMG has reduced gas flaring to a minimum. The gas treatment technology used at the plant is environmentally friendly: it does not contain any toxic chemicals, does not produce harmful by-products and provides the highest efficiency of hydrogen sulphide removal

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In 2017, a series of charity, sports and cultural events was devoted to the celebration of the 95th anniversary of Embamunaygas JSC (hereinafter – Embamunaygas, Emba, the Company, EMG JSC).

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The “Digital Field” project of Embamunaygas JSC was recognized as the best one among the IT projects in the oil and gas industry of Russia. On September 14, 2017, the ceremony of awarding laureates of the IX All-Russian competition “Best 10 IT Projects in the Oil and Gas Industry” was held in the Central Museum of Communications named after A.S. Popov, St. Petersburg, Russian Federation. By unanimous decision of the authoritative jury, the project of Embamunaygas JSC was recognized as the best one in the “Digital Field” nomination

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Employees of Embamunaygas JSC were awarded two nominations in the annual city competition “Person of the Year”. Darkhan Zhanabayev, a repairman of the oil treatment and pumping department of Zhaiykmunaygas OGPD, became a winner in the “Best Production Employee – 2017” nomination. The Council of Young Specialists of EMG JSC was declared the winner in the “Best Youth Committee – 2017” nomination

A new top manager was elected in EMG JSC. By the resolution of the Board of Directors of EMG JSC (hereinafter – the Board of Directors), on April 24, 2017, Anuar Yerkinovich Zhaksybekov was elected as Chairman of the Company’s Management Board. Anuar Yerkinovich is a geologist; previously, he headed the Geology Department of JSC NC KazMunayGas and has extensive experience in his profession. The appointment of a geologist to the position of the Company’s CEO is associated with the fact that, among other things, currently, an important area for EMG JSC is to strengthen the resource base through geological exploration and acquisition of new assets.

The Company is expanding the polymer water flooding project. The additional introduction of another four wells for polymer water flooding will allow maintaining the current level of oil production. In the future, on the basis of this project, the technology will be replicated at other similar fields

In company solemn events timed to the 90th anniversary of the honored oilman of Kazakhstan, laureate of the State Prize of the Republic of Kazakhstan B. Sagingaliev were held. The name of B. Sagingaliev is related to the immediate history of the discovery of the deposit in the Northern Caspian region, the start of oil production at the largest sites, including the Tengiz field. Many efforts Bulekbai Sagingalievich applied to improve the working and living conditions of Emba oil workers

A significant impact on the Company’s financial performance was made by the positive decision on VAT refund in the amount of 4,033 million tenge (12,986 thousand US dollars) in the second quarter of 2017 and in the amount of 4,228 million tenge (12,708 thousand US dollars) in the fourth quarter based on the results of the thematic verification of VAT refund.

Management of Embamunaygas JSC took part in the 25th anniversary international exhibition and conference “Oil and Gas – KIOGE 2017”.

In Atyrau, on the basis of Embamunaygas JSC, the fifth jubilee Young Specialist’s Day was held on the scale of KazMunayGas Exploration Production JSC (hereinafter – KazMunayGas EP JSC, KMG EP). During the Young Specialist’s Day, a traditional design work competition took place in four categories: “Geology and Field Development”, “Oil and Gas Production Technique and Technology”, “Economy” and “Improvement of Production Processes, Energy and Automated Process Control Systems”. 39 young employees from various subsidiaries and dependent entities of EP KMG took part in the competition.