Karachaganak: the local content and development of the West Kazakhstan region among main priorities#3 (129), June 2021
The Karachaganak gas condensate field discovered more than 40 years ago is truly unique. Today Karachaganak is a world-class project with multibillion-dollar investments, record production levels, and innovative technologies.
Overview of the Kazakhstan oil field service market in 2020#3 (129), June 2021
One of the consequences of the pandemic-related oil price crash has been oilfield service financing cuts. In this article, we discuss the key conclusions from the recent Deloitte Research Centre review of the effects of oil market changes in 2020, as well as the prospects for global and Kazakhstan oil production, the financing of oilfield services and the major oilfield service market segments.
Kazakhstani content in oilfield services decreased by a Quarter#3 (129), June 2021
The annual purchasing of the oil-producing sector of Kazakhstan exceeds 10 billion US dollars, of which only half is accounted for by the domestic business. Meanwhile, according to experts, each additional 1% of Kazakhstan's oil and gas content can indirectly "keep" 100 million US dollars in the country.
WTO Rules the House. How will WTO Membership Affect the Development of Local Content?#1 (115), February 2019
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#1 (115), February 2019
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#1 (115), February 2019
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#1 (115), February 2019
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#1 (115), February 2019
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#1 (115), February 2019
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#1 (115), February 2019
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?#1 (115), February 2019
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#1 (115), February 2019
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#1 (115), February 2019
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#1 (115), February 2019
Askhat Otegenov, Interteach Director of Sales and Business Development, answers the questions of Petroleum Journal