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#1 (115), February 2019

Oilfield Service

WTO Rules the House. How will WTO Membership Affect the Development of Local Content?

WTO Rules the House. How will WTO Membership Affect the Development of Local Content?

Beket Izbastin, Director of the Department of subsoil use of the Ministry of Energy, tells the Council on the development of strategic partnerships in the oil and gas industry his vision of the development of Kazakhstani content in oil and gas projects.

Karachaganak: New Opportunities for Local Business

Karachaganak: New Opportunities for Local Business

Karachaganak project is one of the leaders in the oil and gas industry of the country in terms of the volume of purchased goods and services from Kazakhstani producers. At the end of last year, the project partners signed a major agreement with the Republic of Kazakhstan on the authorization of the KPC Gas Debottlenecking Project. 

The Principle of the Development of Local Content: from Simple to Complex

The Principle of the Development of Local Content: from Simple to Complex

The unique Karachaganak project, since 2001, one of the first in the country has a Local Content Development Programme, updated every two years to set new challenges for KPO and set the trend in the development of local content for the entire oil and gas industry.

Karachaganak Petroleum Operating B. V. (KPO) has Announced its Performance Results for 2018

Karachaganak Petroleum Operating B. V. (KPO) has Announced its Performance Results for 2018

In 2018, KPO managed to reach record production levels of 148 million boe (barrels of oil equivalent) of stabilized and unstabilized liquid hydrocarbons, raw and fuel gas. 8.6 billion cubic metres of gas, which is approximately 45.4 per cent of the total gas produced, were re-injected to maintain reservoir pressure

How to Become a KPO Supplier

KPO, supported by the Ministry of Energy of the Republic of Kazakhstan, West Kazakhstan local administration and authority body – PSA LLP is conducting active work on the involvement of local producers and oil service companies in the framework of the Local Content Development Program at the Karachaganak oil and gas condensate field in 2018-2019.

Case Studies of Success

Case Studies of Success

Karachaganak Petroleum Operating B.V. is one of the first companies in the Republic of Kazakhstan to implement the Local Content Development Program successfully. 

Strength in Unity. Aktau Declaration on Joint Actions

Strength in Unity. Aktau Declaration on Joint Actions

The conceptual project of Kazakhstan local content development or Aktau Declaration on Joint Actions was signed in September 2012 by the national company KazMunayGas and three operators: Tengizchevroil, Karachaganak Petroleum Operating B.V. and North Caspian Operating Company.

Should the Oil Service be Afraid of the WTO?

Should the Oil Service be Afraid of the WTO?

What will happen to more than 100 measures to support domestic producers and local content, prescribed in some legal documents of Kazakhstan, after January 1, 2021, when the transition period will end

Prospects of Logistics of Support for Offshore Oil Operations in the Caspian Sea

Prospects of Logistics of Support for Offshore Oil Operations in the Caspian Sea

The history of development of offshore fields has more than 140 years. Back in 1876, the Nobel brothers founded an oil company in Baku, becoming the largest oil company in the Russian Empire, and which for the first time began oil production on the Caspian shelf at the Bibi-Eibate field.

Future of Geological Exploration: Automation, Artificial Intelligence, Cloud Technologies

Future of Geological Exploration: Automation, Artificial Intelligence, Cloud Technologies

The growth of competition in all sectors, the instability of prices on the oil market, the significant dependence of countries on hydrocarbons, the need for other types of minerals and the depletion of traditional deposits set new goals in the oil and gas industry, in particular, in geological exploration. 

Online Insurance Will Become a Daily Practice

Online Insurance Will Become a Daily Practice

Askhat Otegenov, Interteach Director of Sales and Business Development, answers the questions of Petroleum Journal

Technology

Safety Excellence – Model by ExxonMobil

Safety Excellence – Model by ExxonMobil

Cheryl Gomez-Smith, Managing Director of ExxonMobil Kazakhstan Inc. (EMKI), speaks about a culture of safety and operations excellence at ExxonMobil and how that culture supports assets in Kazakhstan, including those which are ‘Operated-by-Others’ (OBO)

Appoitmens

North Сaspian Operating Company N.V. Announces Management Change

North Сaspian Operating Company N.V. Announces Management Change

Atyrau, Kazakhstan, 4 February 2019. Mr. Richard Howe today officially takes up the position of Managing Director, the top executive officer of the North Caspian Operating Company N.V. (NCOC).

Yermek Marabayev Appointed as Deputy Managing Director of North Caspian Operating Company N.V.

Yermek Marabayev Appointed as Deputy Managing Director of North Caspian Operating Company N.V.

Atyrau, 11 February 2019. Mr. Yermek Marabayev officially assumed his duties as Deputy Managing Director of North Caspian Operating Company N.V. (NCOC).

Tengizchevroil Announces New General Director

Tengizchevroil Announces New General Director

Atyrau, Kazakhstan, December 4, 2018 – Tengizchevroil (TCO) announced today, the following changes in the company’s Leadership Team. Eimear Bonner, the previous TCO General Manager of Operations, assumed responsibility as TCO General Director, effective on December 1, 2018.

Results of the Year

The Main Trends of the Oil Year

The Main Trends of the Oil Year

At the beginning of the new year, Petroleum Journal offers to recall the most significant events of the past year, 2018.

Oil Chronicles

Oil Chronicles

December 2018. December 1, Imer Bonner has been appointed the new General Director of Tengizchevroil — the largest producing joint venture in Kazakhstan.