OQ Exploration and Production signs deal with KazMunayGas

OQ Exploration and Production has signed a strategic exploration and production collaboration agreement with KazMunayGas (KMG) to combine expertise across the oil and gas value chain. The framework will explore mature-field development, production optimisation, enhanced oil recovery, and gas projects. The companies will also identify upstream opportunities in Kazakhstan, Oman, and international markets, and share knowledge in geosciences, digital transformation, governance, talent development, and health, safety, security, and environment (HSSE). Cooperation may include equity acquisitions,