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Oil Service Market in 2016
Nurlan Zhumagulov, General Director of the Association of oil service companies of Kazakhstan, KazServiceThe Association of oil service companies of Kazakhstan made the analysis of procurement of the oil companies, based on the year of 2016, with a view to identify the oil service segments with greatest growth/decline, as well as to identify the share of Kazakh companies in each segment.
-Information on the Subsoil users’ procurement reporting system of the Ministry of Energy of the Republic of Kazakhstan, where the subsoil users place an information about procurement on quarterly.
-The scopes of works of the Companies are based on actual payment during the report period, within the frameworks of agreements between the mining companies and the suppliers.
-In order to determine the vendor’s country of origin, it is required to verify the equity/founding capital of the Company.
According to the completed analysis, the total amount of purchases of oil and gas services according to results of 2016, amounted to 2 trillion 42 billion KZT, which is 55% more compared to 2015 (1 310 bln KZT).
The oil service market is divided into 5 main segments:
|
Segment |
Purchase, bln.KZT |
Growth/Decline |
KZ share (%) |
|
|
2015 |
2016 |
|||
|
Construction |
516 |
888 |
72% |
87% |
|
Drilling operations |
318 |
349 |
10% |
64% |
|
Design and engineering |
240 |
334 |
39% |
14% |
|
Maintenance and expertise |
135 |
218 |
62% |
56% |
|
Geophysical services |
101 |
253 |
151% |
16% |
|
Total: |
1 310 |
2042 |
55% |
59% |
Oil service market in 2016
Construction and assembly works
Expenditures for the construction and assembly in 2016 increased by 72%, compared to 2015, amounting to 888 bln KZT. The growth was due to launch of Kashagan project and preliminary works within the frameworks of the Future Growth Project at Tengiz field.
Oil and gas construction market in 2016
|
Top 10 companies by volumes of construction |
|
Top 10 customers |
||||||
|
No. |
Company |
Amount, bln. KZT |
Share |
|
No. |
Subsoil User |
Amount, bln. KZT |
Share |
|
1 |
Er Sai Caspian Contractor |
411.8 |
46.4 |
|
1 |
NCOC |
573.4 |
64.6 |
|
2 |
PSN KazStroy |
62.3 |
7.0 |
|
2 |
TCO |
156.5 |
17.6 |
|
3 |
Sicim |
30.0 |
3.4 |
|
3 |
KPO |
63.5 |
7.1 |
|
4 |
Caspian Offshore Construction |
27.3 |
3.1 |
|
4 |
Maersk |
19.5 |
2.2 |
|
5 |
Isker-KazStroyService |
26.8 |
3.0 |
|
5 |
Embamunaigaz |
19.5 |
2.2 |
|
6 |
MontazhSpecStroy |
21.5 |
2.4 |
|
6 |
Zhayikmunai |
19.4 |
2.2 |
|
7 |
Inzhtechservice |
16.3 |
1.8 |
|
7 |
Ozenmunaigaz |
14.4 |
1.6 |
|
8 |
BKKS |
14.6 |
1.6 |
|
8 |
CNPC-AMG |
9.1 |
1.0 |
|
9 |
KazStroyService |
14.3 |
1.6 |
|
9 |
KMK Munai |
2.3 |
0.3 |
|
10 |
KCOI |
14.2 |
1.6 |
|
10 |
South-Oil |
1.9 |
0.2 |
Drilling operations
Expenditures for drilling works in 2016 increased by 10%, compared to 2015, amounting to 349 bln KZT. Drilling segment includes: construction and drilling, well cementing, well servicing and workover, drilling fluid supplies.
Drilling market in 2016
|
Top 10 drilling companies |
|
Top 10 customers |
||||||
|
No. |
Company |
Amount, bln. KZT |
Share |
|
No. |
Subsoil User |
Amount, bln. KZT |
Share |
|
1 |
KazMunaiGaz-Drilling |
40.5 |
11.6 |
|
1 |
Ozenmunaigaz |
44.4 |
12.7 |
|
2 |
Saipem |
29.9 |
8.6 |
|
2 |
MangystauMunaiGaz |
42.2 |
12.1 |
|
3 |
Oil Services Company |
29.8 |
8.5 |
|
3 |
TCO |
38.3 |
11.0 |
|
4 |
Burgylau |
21.9 |
6.3 |
|
4 |
NCOC |
30.5 |
8.7 |
|
5 |
SAIPAR DRILLING |
18.1 |
5.2 |
|
5 |
Embamunaigaz |
26.4 |
7.6 |
|
6 |
SINOPEC |
15.9 |
4.6 |
|
6 |
KPO |
26.2 |
7.5 |
|
7 |
MunaiService Ltd. |
14.1 |
4.0 |
|
7 |
Almeks Plus |
19.2 |
5.5. |
|
8 |
KMG Nabors Drilling |
12.8 |
3.7 |
|
8 |
Karazhanbasmunai |
11.9 |
3.4 |
|
9 |
IBK "Si Bu" |
12.4 |
3.6 |
|
9 |
CNPC-AMG |
11.0 |
3.2 |
|
10 |
WEUS Holding |
12.1 |
3.5 |
|
10 |
Maersk |
9.8 |
2.8 |