Economic empowerment and support to developing small and medium size business are important elements of Chevron's social investments in Kazakhstan. Chevron helps to build individual financial strength and turn its vision into sustainable businesses.
The Government of the Republic of Kazakhstan and Tengizchevroil (TCO) have common goals, one of which is to increase the availability of Kazakhstani services and goods. A key strategy for TCO is to increase Kazakhstani content by working with current and potential suppliers to help them understand the international quality and safety standards they must meet in order to do business with Tengizchevroil. The continued development of a Kazakhstani market of goods and services that meets high international standards is a cornerstone of the company’s sustainable development strategy – and creates significant benefit for Kazakhstan.
The brand FIDMASH is well known to everyone who deals with high-tech oil and gas service. For more than two decades, the high-performance equipment of his brand is operated at the oilfields, located in all the rich hydrocarbon regions, not only in Russia and CIS, but also far beyond-almost everywhere, where oil and gas are being produced.
Advanced Pumping Equipment Manufactured by JSC Sumy Plant Nasosenergomash for Transportation of Oil and Oil Products - Pumps NPS-M#5 (95), October 2015 special issue
Public Joint Stock Company Sumy Pumping and Power Engineering Plant Nasosenergomash is a member of the vertically integrated international holding OJSC GMS Group (Russian Federation) since 2004.
JSC Sumy plant Nasosenergomash is one of the largest companies of GMS Group, it has more than 65 years of experience in the production of oil pumps for various needs of the oil industry (export pumps, booster pumps, tank farm pumps, leaks pump-out pumps).
The time has come when Kazakh businesses now have to think seriously about their competitive advantages compared with foreign companies. The EEU and the WTO dictate their rules, and soon local suppliers of large oil and gas projects will no longer be able to benefit from special terms. They will have to compete for real.
Nabil Ben Soussia, the Regional Director of IEC Telecom in Kazakhstan,answered the questions of Petroleum
Do you think that there is a crisis in the oil & Gas market, especially in Kazakhstan?
A: The reality facing oil and gas industries has changed dramatically over the last year. The industry is facing oversupply and lower prices – so it’s not surprising that nearly two-thirds of oil and gas CEOs say their companies are facing more threats to growth than they did three years ago.