JSC "Kazakh Institute of Oil and Gas" (hereinafter - JSC "KING", Institute or KING) was established by Government of the Republic of Kazakhstan № 1346 of December 23, 2002 "On creation of the Kazakh Institute of Oil and Gas" in the form of closed joint stock company with one hundred percent state participation in the share capital.

The authorized capital of the Institute, formed by transferring the state shares of the JSC "Scientific Research and Design Institute" Caspimunaigas "(JSC SRDI" Caspimunaigas ")," Kazakh Scientific Research and Design Institute of Oil and Gas "(JSC" KazNIPImunaygas) to charter capital of JSC "National Company" KazMunayGas“

In accordance with the Law of the Republic of Kazakhstan "On Joint Stock Companies", of October 10, 2003 JSC "Kazakh Institute of Oil and Gas" was registered in judicial authorities in JSC "Kazakh Institute of Oil and Gas."