Chinese Company Sinopec Launches 4.7 Billion Tenge Oil Drilling Project in Mangystau
Photo: Ministry of Energy
Sinopec has begun drilling operations in the Mangystau region, Orda.kz reports, citing the Ministry of Energy.
A 5.5-kilometer-deep exploratory well will be drilled at the Sai-Utes site by Sinopec International Energy Investment Holdings Netherlands B.V., a subsidiary of Sinopec. According to the Ministry, the company spent two years conducting geological surveys before identifying two promising locations for oil wells.
The planned cost of drilling the well is 4.7 billion tenge,the Ministry of Energy confirmed.
Sinopec already has a presence in Mangystau. Alongside fellow Chinese state-owned company CNPC, it co-owns Buzachi Operating Ltd, which extracts oil from the North Buzachi field. In 2023 and 2024, workers at the company raised concerns over labor conditions and reported pressure from management.
In March 2025, reports indicated that KazMunayGas was considering Sinopec as a potential partner for the exploration and development of the Berezovskoye field in the West Kazakhstan region.
Original Author: Igor Ulitin
Latest news
- Kazakhstan Prosecutor Opposes Deportation of 16-Year-Old Russian Teen
- Russian TV Channels Taken Off Air in Kazakhstan
- Mistaken Claim? Kazakhstan Denies $1B Contribution to the Board of Peace
- How many Kazakhstanis remain in the Middle East — MFA
- Kazhydromet Warns of High Flood Risk in Five Regions in 2026
- MP Calls for Prosecutor Review of Kazakhstanis’ Dubai Property
- Kazakhstan Moves to Legalize Private Detective Work
- Kazakhstan to Extend Gas Export Ban for Six More Months
- Majilis MP Calls to Soften Liability for Kazakhstanis Drawn into Foreign Wars for Pay
- The Delivery of 51 Stadler Passenger Coaches Has Been Delayed
- Kazakhstan Returns Nearly 1,000 Citizens From the Middle East
- Damaged Baikonur Launch Pad Facility Restored After 2025 Collapse
- A Rare Black Melanist Wolf Was Shot in Eastern Kazakhstan
- Kazakhstan Maintains Neutral Stance on Middle East Escalation
- Kazakh MFA: Citizens Evacuated from the Middle East via Oman and Saudi Arabia
- Kazakhstan to Spend 4.6 Trillion Tenge on Road Projects Through 2029
- Central Asia Competes for the Skies: Why Kazakhstan Risks Falling Behind Uzbekistan on Jet Fuel
- The War in Iran Opens a Window of Opportunity for Kazakhstan’s Oil Sector, Analysts Say
- Iran Conflict Escalates Beyond the Gulf: What Kazakh Experts Say About Risks for Central Asia and Kazakhstan
- Kazakhstan Prepares Possible Evacuation of Its Citizens From Iran
