Eni has been present in Kazakhstan since 1992 carrying out activities in the Exploration & Production sector. We are a co-operator of the Karachaganak producing field and is a part of the North Caspian Sea PSA (NCSPSA) consortium. In 2018 we became joint operator in the exploration block Isatay with KMG . In July 2019, KMG, Ministry of Energy of the Republic of Kazakhstan and Eni signed a contract for the exploration and production of hydrocarbons at Abay Block, which makes IOC the first joint venture holding two licenses in Kazakhstan. As of end 2019, Eni equity production at Karachaganak and Kashagan projects reached the level of 170 thousand barrel of oil equivalent/day, which is equal to 9% of the our total worldwide production.
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Also in Eurasia we are integrating our business operations with social and environmental sustainability to create shared, long-term value. In Kazakhstan, for example, we work with universities to train Oil&Gas industry specialists, we have set up the Ural River Park Project to protect the River Ural ecosystem and we have launched initiatives to benefit children. Since 1999, we periodically organise for Kazakh children to spend time on the Adriatic coast, and, since 2018, with help from AC Milan Junior Football Camp, the top Italian trainers with experience in the junior division we are providing training to young local footballers.
Karachaganak
Located onshore in the western part of the country, Karachaganak (Eni interest 29.25%) is a giant field that produces oil, condensates and natural gas. The operations carried out by the Karachaganak Petroleum Operating consortium (KPO) are regulated by a Production Sharing Agreement, of which we and Shell are co-operators.
Learn about KarachaganakKashagan
We hold a 16.81% interest in the North Caspian Sea Production Sharing Agreement (NCSPSA). The latter regulates, until the end of 2041, the exploration, development and production rights over a 4,600 km2 area of the giant Kashagan field, discovered in the northern section of the Caspian Sea in 2000. We have also launched a professional training programme for local people in the energy industry, and set up social facilities.
Learn about KashaganRenewable energy in Badamsha
Since 2017 we have signed numerous cooperation agreements to promote the development of renewable energy in the country and in 2018 we decided to invest in building Badamsha 1, a 48 MW wind farm in the north-west. We opened the construction site to build the plant in 2019 and, thanks to a recently signed agreement, we will also add a second 48 MW wind farm. In addition, in November 2019, Eni won the auction for the 50MW Shaulder Photovoltaic Power Plant in the Turkestan Oblast.
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