KMG obtains 60% stake in production sharing agreement for Dunga oilfield

KazMunayGas national company has announced the completion of the purchase of 100% of shares in the authorized capital of Total E&P Dunga GmbH from TotalEnergies EP Danmark A/S (TotalEnergies’ subsidiary) as well as the ownership rights in the Dunga subsoil use project in accordance with the purchase contract signed previously between KMG and TotalEnergies EP Danmark A/S, Kazinform Agency cites the press service of KazMunayGas. 

The sides point out that the deal once again demonstrates the full mutual understanding between the companies in different areas of cooperation.