Alphavalue / Divacons | The Spanish oil services company is in advanced talks to build a new gas development project in Kazakhstan, one of the world’s largest oil and gas producers, with an investment budget of up to $3 billion (around €2.7 billion), reports Expansión. According to energy sources, state-owned KazMunayGaz (KMG) is negotiating the contract with the Spanish company as part of a programme to modernise the Tengiz oil field, one of the three most important in the country. TRE declined to comment to the newspaper on the new project.
Técnicas Reunidas aims to build new gas conversion plant in Kazakhstan for an estimated €2.7 billion
