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Aigerim BakhtiyarovaHow KAZSERVICE is becoming a transfer between oil service companies and major investors
Probably, each domestic company, which participates in billion oil projects, has an idea to support Kazakhstan oil business. And it is not without reason given the realities occurring in one of Kazakhstan’s main industries. Investors that have entered into major deposits are currently successfully implementing global standards in operations and inscribing their conditions of doing business, which naturally leads to urgent response on the part of local companies. The growing international experience certainly helps somehow join the global oil business. However, such trend does not always condition the full participation of Kazakhstan oil service companies in the fulfillment of major contracts awarded by subsoil users.
This is today’s challenge but not everything is so hopeless. The challenge always generates an inevitable growth. In this way every company needs patience and support infrastructure represented by the government and non-commercial organizations. The Association of Oil Service Companies of Kazakhstan (hereinafter KAZSERVICE) operates exactly as such structure.
For a seven-year period, KAZSERVICE could take its niche in managing the national oil service business. And now it continues being a link among investors, local companies and energy department representatives. The association’s main objective is to create a dialogue platform for all attracted to the oil business.
In the light of new and current events in the oil business, whether the adoption of the Code of Subsoil Use and Subsoil Users or the implementation of the Future Growth Project at Tengiz, KAZSERVICE is actively holding working meetings of Association’s members with the CEOs of three operators — TCO, KPO and NCOC — giants that ensure more than 60% of the entire purchase of oil service. Since the oil service market comprises many various segments, in recent years the Association has created four Committees that are competent in solving issues and tasks in drilling, HR, engineering, and oil and gas construction. Such action attributes to the fact that Kazakhstan’s oil service market today covers some 1 000 companies, 160 000 employees and over 200 billion tenge of annual tax payments. To systematize such potential, KAZSERVICE is carrying out intense work by arranging various sessions, casual meetings and the annual meeting of Association members.
Journalist, PR-manager Aigerim Bakhtiyarova
Among all the above mentioned activities, arranging the conference “KAZNEFTEGAZSERVICE-2018: Oil and Gas Construction and Engineering” is going to become the most talked theme of this year. Sticking to the traditional format, the Association will hold the conference on March 16, 2018, in the Renaissance hotel in Atyrau, with the support of the Ministry of Energy of the Republic of Kazakhstan. This event is the key event since the launch of the active phase of construction works under the Tengizchevroil Future Growth Project (FGP-WPMP), approval of the Karachaganak expansion project (KEP-1) and the Compressing Center (CC-01) at Kashagan will be discussed there. High-level officials and heads of government bodies, subsoil user companies, leading Kazakhstan and foreign construction, engineering and services companies will attend the conference. To establish partnership with them, B2B meetings will be held.
At the previous conferences, KAZSERVICE could contribute to the solution of a number of tasks with dozens of contracts being signed thereafter. Some consortia announced in the course of the conference have signed general contractor agreements and are now working under major projects. We invite all who want to witness such lively discussions and positive effects to take part in the VII Annual Conference “KAZNEFTEGAZSERVICE-2018: Oil and Gas Construction and Engineering”. Please address all questions to the Secretariat of the Union of Oil Service Companies of Kazakhstan. The program and the list of participants are available at: http://www.kazneftegazservice.com/.
In its area, the KAZSERVICE team of ambitious young people intends to further promote the interests of domestic companies to improve the national economy. It is the oil industry that is the driver of growth of the Republic of Kazakhstan in the global community.