According to Maersk Oil chief executive Jakob Thomasen, pictured, the company is pleased at the progress of the development of the onshore field under its operatorship.

Maersk Oil bought a controlling stake in the field in 2002. It is the company’s sole asset in Kazakh­stan and is operated under a production sharing agreement signed in 1994.

First oil flowed in 1969 at the field, which lies in the Mangistau region, about 50 kilometres from the Caspian Sea port of Aktau.