News 2014
July, 2014Zhigermunaiservice
On July 2, within the framework of the call-in show, conducted in the Library of the First President of the Republic of Kazakhstan on the occasion of the Industrialization Day, the President of the State N.Nazarbayev started the production of drilling PDC bits, which is based on advanced technologies and modern equipment that meet the world standards.
As a result, Kazakhstan internal requirements will be satisfied by 30%, it is also planned to increase the production in order to export the production. The production is located in Atyrau, the construction project is implemented by Zhigermunaiservice LLP. The project cost is 274.5 million tenge, of which 57% was own funds, 43% - borrowed funds.
The proportion of local content in the project is more than 65%. Today, the plant's products cover 30% of the market. However, the demand of Kazakhstani oil drilling and service companies on PDC bits is constantly growing and is expected to reach up to 1000 units per year the year.