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Petrochemical Industry Needs a Road Map, Not the Projects

#5 (101), October 2016

Petrochemical industry is one of the most important branches of the processing industry. We use its products nearly all the time. Four out of five items, surrounding us at any time, are created due to the petrochemical industry.

TCO Launches the Largest Investment Project

#4 (100), September 2016 special issueTCO Launches the Largest Investment Project

On July 5, on the eve of the birthday of President of Kazakhstan Nursultan Nazarbayev and the day of Astana, the shareholders of the joint venture Tengizchevroil in a meeting with Minister of Energy Kanat Bozumbaev announced a final investment decision for the Future Growth Project and Wellhead Pressure Management Project (FGP-WPMP), which will be the next stage of expansion of the Tengiz oil field in western Kazakhstan. The project is supposed to involve $37 billion and is the world’s biggest investment project in petroleum production this year.

Whether Kazakhstan Need the Fourth Refinery?

#4 (100), September 2016 special issueWhether Kazakhstan Need the Fourth Refinery?

Currently the Kazakhstan market of all light oil products is scarce-volumes of production of gasoline, diesel oil and aviation kerosene by local Oil Refineries is not enough to cover the domestic market's demand for these types of fuels. Basically, this deficit is covered by the import of oil products from Russia. So, on average for the period from 2011 to 2015 about 30% of demand for gasoline and jet fuel and 10% demand for diesel fuel covered at the expense of imports from the Refineries of the northern neighbor.

SPE Conference Series Returns to Kazakhstan Against a Challenging Backdrop

#4 (100), September 2016 special issueSPE Conference Series Returns to Kazakhstan Against a Challenging Backdrop

This November, the Annual Caspian Technical Conference and Exhibition (CTCE) - organised by the Society of Petroleum Engineers (SPE) – will return to Astana for its third year hosted by KazsMunaiGas from 1-3 November at the Palace of Independance

The Training and Certification is the Ticket to the Future

#3 (99), June 2016 The Training and Certification is the Ticket to the Future

The KMG Systems and Services LLP thanks the NCOC N.V. Consortium for including the partnership into the “Program of development of the local suppliers” and the opportunity to pass the program of implementation and certification of the international ISO 9001:2008 standard. According to the Director General of the KMG Systems and Services LLP Sherkhan Sugurbekov, obtaining a certificate in the internationally recognised certification body is an important step on the path of stable development of the LLP.

 

Kashagan Requests New Money.

#3 (99), June 2016 Kashagan Requests New Money.

Kashagan oil field development operator - NCOC company is intended to significantly update and extend the deadline for the first production phase - pilot development planning. The operator has already developed a project called the APDP, which stands for "additional pilot development planning". In spring in Atyrau the project was presented to the public, where the public hearings on the preliminary EAI of the project were held. As expected, the response of the authorities should be given as quickly as possible, before the beginning of September.

 

Safety Net for the Oil Industry

#6 (96), December 2015 Safety Net for the Oil Industry

Kazakhstan's oil and gas industry is going through a rough time. Depletion of the resource base has been aggravated by the oil price crash on the global market. In a nutshell, oil companies operate with razor-thin profit margins, the future of the Kashagan project is still unclear, and the industry that until recently used to be a donor of the national budget is desperately asking for government subsidies.

Pioneer in Oil Refining and Petrochemistry

#6 (96), December 2015 Pioneer in Oil Refining and Petrochemistry

Atyrau refinery is always ahead in all major undertakings in our country. Firstly, it is the firstborn of Kazakhstan oil refining- this year it celebrated its  seventieth anniversary. Secondly, this is the first plant, where the modernization was started: very soon it will result in production of environmentally friendly fuels, in compliance with K-5 standard. Thirdly, theAtyrau refinery became the first enterprise in the country, producing the petrochemical products: this year it started producing the benzene and paraxylene

Second Birth of Shymkent Oil Refinery

#6 (96), December 2015 Second Birth of Shymkent Oil Refinery

Shymkent oil refinery is experiencing a rebirth the year of its 30th anniversary. After completion of the ongoing work on modernization and reconstruction of the  refinery, the depth of processing will increase and the production rate will reach 6 million tons of oil per year, and the refinery will produce the motor fuels of the ecological classes K4 and K5, in accordance with the requirements of the technical regulations of the Customs Union.

«KazTransGas» Involves Investors for Astana Gasification

#6 (96), December 2015 «KazTransGas» Involves Investors for Astana Gasification

National company "KazTransGas" implements the order, issued by the President of Kazakhstan on gasification of Astana and the northern regions of Kazakhstan. The meeting of the Kazakhstan-British Intergovernmental Commission on trade-economic, scientific-technical and cultural cooperation took place in the course of the visit of President of the Republic of Kazakhstan Nursultan Nazarbayev to the UK. Within the framework of the meeting, Memorandum of Understanding has been signed between «KazTransGas» JSC and the British Independent Power Corporation PLC.

Caspian Overdrive

#5 (95), October 2015 special issueCaspian Overdrive

Failures at Kashagan make the official Astana boost other exploration projects in Kazakhstan’s sector of the Caspian Sea

The national company KazMunayGas spent twelve years (!) to obtain the rights to develop the Issatay area at the Caspian offshore, that finally allowed to establish a JV (joint venture) to develop this promising sector.  It is not a joke:  Back in 2003 KMG filed an application to the competent authority for direct negotiations and for obtaining the subsoil use rights with enclosure of “Preliminary program of exploration and evaluation of Issatay area”.

Oil Worker Searching for a Job

#5 (95), October 2015 special issueOil Worker Searching for a Job

Nine people per place

The slump in world oil prices has significantly changed the industry landscape. Now not only the producing and oil service companies are tightening their belts, but people as well. According to the statistics of recruiting agencies, 9% fewer jobs in hydrocarbon production were posted in the open market than in the past. Layoffs are underway; as a result, many experts have to change their field of activity. Those remaining in the oil industry face the increased employer’s requirements.

Launch of Kashagan Scheduled for Late 2016

#4 (94), September 2015 Launch of Kashagan Scheduled for Late 2016

The resumption of oil production at Kashagan offshore field in the Kazakh sector of the Caspian Sea, which was interrupted after the detection of leaks in pipelines, has been scheduled for the second half of 2016. By this time, the drilling of additional wells on artificial islands will be have been completed. By the end of 2017, Kashagan will have reached peak production of 370 thousand barrels per day. 

WTO will Cancel Kazakhstani Content

#4 (94), September 2015 WTO will Cancel Kazakhstani Content

The requirements on local content in the oil and gas projects will be cancelled starting from January 1, 2021. This is one of the conditions for Kazakhstan to join WTO. Ministry of Energy of the Republic of Kazakhstan has been negotiating with major subsoil users to verify that they urge their suppliers of goods and services to create a joint venture in Kazakhstan and to share their experience and technology with the local professionals

Tengiz without the Yellow Pyramids

#4 (94), September 2015 Tengiz without the Yellow Pyramids

Rzabek Artygaliev, Tengizchevroil General Manager of Policy, Government and Public Affairs tells about the unique project on the production and sale of sulfur.

The oil and gas complex in the Tengiz field in the west of Kazakhstan is one of the largest and technically sophisticated enterprises in the modern oil industry. The Tengiz field is unique in its high temperature, abnormal reservoir pressure and high content of hydrogen sulfide. Tengiz pre-salt oil contains approximately 13% of aggressive H2S, therefore the “black gold” production and processing technologies are based on a single idea - resistance to an aggressive environment. To turn into commercial oil, extracted crude passes through several decontamination stages, and extracted H2S is neutralized via separation into components.

All Merits to Workers

#4 (94), September 2015 All Merits to Workers

In August, on the eve of the Oilmen Day, 58 best experts of KazMunayGas Exploration & Production company, gathered in Aktau and Zhanaozen for celebration. Only 58 people from 26 thousand employees proved that they deserve to take part in the 8th competition of professional mastership -Best Specialist. During two days, the representatives of four oil-production units of the KMG E&P demonstrated their professional skills, but they also enjoyed socializing with their colleagues