Sumatec Resources to Develop Kazakhstan Oil and Gas Fıeld
Malaysian oil and gas firm Sumatec Resources has ınked a deal to extract hydrocarbons from an oil and gas field in Western Kazakhstan.
It will be working with CaspiOilGas and Markmore Energy to develop the Rakushechnoye oilfield and gas deposit located on the Caspian Sea shores.
As per the deal, Sumatec will undertake all the operations related to the extraction of oil and gas on behalf of COG. Markmore Energy will provide engineering development services to the companies.