JSC National Company KazMunayGas (KMG), ConocoPhillips (NYSE:COP) and Mubadala Development Company PJSC (Mubadala) today announced that they have signed a Memorandum of Understanding (MOU) to negotiate terms for the exploration and development of the "N" Block, located in offshore Kazakhstan, under a new subsoil use contract. The parties will now have until Dec. 31, 2008 to negotiate the ...
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