{"id":395,"date":"2022-07-22T20:17:26","date_gmt":"2022-07-22T20:17:26","guid":{"rendered":"https:\/\/demo.artureanec.com\/themes\/industrium\/?page_id=395"},"modified":"2023-08-04T15:46:01","modified_gmt":"2023-08-04T15:46:01","slug":"about","status":"publish","type":"page","link":"https:\/\/akzholpetroleum.kz\/index.php\/about\/","title":{"rendered":"About"},"content":{"rendered":"\t\t
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Many Years Expertise<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/h2><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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AKZHOL PETROLEUM, a legally incorporated limited liability company in the Republic of Kazakhstan, operates in multiple facets of hydrocarbon operations, encompassing exploration, production, processing, and transportation.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Our core focus resides in oil exploration and production, predominantly concentrated within nascent stages of development across several oilfields. Our operational jurisdiction extends exclusively to 14 oilfields nestled within Blocks A and E, situated within the Pre-Caspian Basin of the region. It’s noteworthy that Kazakhstan, a pivotal Central Asian nation, significantly augments its revenue through oil exports, solidifying its position as the prominent oil producer in the region.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Vision<\/span><\/span><\/span><\/h2><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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At Akzhol Petroleum, our journey began in 1980 with a vision to drive excellence in the oil and gas industry. <\/span>Over the years, we’ve evolved into a premier energy company, headquartered in Kazakhstan. <\/span><\/span><\/p>

Our unwavering commitment to innovation, safety, and sustainability has propelled us to the forefront of the industry.<\/span><\/span><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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As a trailblazer in exploration and production, we harness cutting-edge technology and a deep-rooted expertise to unlock the potential of Kazakhstan’s abundant resources. Our commitment to responsible operations ensures a positive impact on local communities and the environment.<\/p>

Join us on our journey as we continue to shape the energy landscape and pave the way for a brighter, more sustainable future.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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About Industrium co<\/span>We work for you since 1980<\/span><\/h2><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Yellowfin cutthroat trout soldierfish Rattail tigerperch lenok flying characin pipefish flagtail trumpeter candlefish.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Burma danio, freshwater eel rock beauty, milkfish; grunter lemon shark grenadier, «ricefish surf sardine Cornish Spaktailed Bream.» Hammerjaw trout, yellowfin croaker spiny basslet<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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History<\/span>History of our company<\/span><\/h2><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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1980<\/div>

Capital Authorized<\/h4>

Authorized capital of the newly incorporated Akzhol Petroleum joint-stock company<\/p><\/div><\/div><\/div>

2002<\/div>

First IPO<\/h4>

In July of 2002, Akzhol Petroleum carried out an initial public offering (IPO) on the stock exchange. <\/span>As part of the IPO 1.411 billion shares were put on offer for a total amount of $10.7 billion.<\/span><\/span><\/p><\/div><\/div><\/div>

2013<\/div>

Merger & Acquisition<\/h4>

In 2013 Azkhol Petroleum successfully completed an integral deal to acquire a controlling stake in Bashneft Company with the subsequent privatization of 19.5% of the Company shares by the Swiss oil trader \u201cGlencore\u201d and the Qatari sovereign wealth fund \u201cQatar Investment Authority (QIA)\u201d .<\/span><\/span><\/p><\/div><\/div><\/div> <\/div>\n <\/div>\n

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Strategic Priorities<\/span><\/span><\/span><\/span><\/span><\/h2><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Reliable Energy and Global Energy Transition\u201d Strategy has been approved by the Board of Directors at the end of 2021.<\/span><\/span><\/span><\/span><\/span><\/span><\/b><\/p>

Key priorities of the new Strategy are carbon footprint reduction, operational leadership and efficiency improvement.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/b>Strategy implementation will support achievement of 17 UN Sustainable Development Goals, as well as the goals of «European Federation Strategy of Social and Economic Development with Low Greenhouse Gas Emission\u201d and the Paris Agreement.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>

To ensure successful Strategy implementation targets are aligned with management KPIs and remuneration system.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>

\"\"<\/p>

\u201cAkzhol-2030\u201d \u2013 climate priorities horizons:\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>