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Archive special issue
#2 (146), April 2024
ATYRAU OIL & GASAtyrau Oil & Gas
The Future of KMG: Focusing on Exploration, Petrochemicals, and Sustainable Development
The Atyrau and Mangystau regions are the key areas of operation for the national company KazMunayGas, which engages in oil extraction and processing and conducts maritime transportation from the port of Aktau. In an interview with the press service, KMG's Chairman of the Board, Magzum Mirzagaliyev, summarizes the company's achievements over the 22 years since its establishment and discusses the future development of the business: from exploration to petrochemicals and diversifying oil transportation routes.
Chevron Direct Investment Fund Ltd.: Investments into the Future of Kazakhstan
At the beginning of the year Chevron Direct Investment Fund Ltd. (CDIF) has announced investment agreements into two Kazakhstani companies. After extensive work CDIF made direct equity investments in 2023 of up to $41MM (USD) into Top Cleaning Kazakhstan LLP (top.kz), a managed service marketplace for the business, and Orhun Med Ltd, a growing healthcare company in Kazakhstan.
Internal Trainers – An Effective Form of Professional Training. The Experience of CPC-K
What associations come to mind when you hear the word "training"? A university department, a spacious training center auditorium, or a computer monitor with an online course? For most of us, it's associated with a traditional educational institution, but is such a form of training always the most effective? After all, once a course is completed, the instructor often cannot answer participants' questions, and the schedules of training centers don't always align with the busy timetables of employees.
Pumps and Valves for Green Hydrogen Power
Along with the metal industry, the chemical industry consumes the most energy – and the majority of it still comes from fossil fuels. However, this will soon change when at least part of the supply will be replaced by green hydrogen. Pumps and valves will play a decisive role in making this low-carbon switch. Green hydrogen, i.e. hydrogen produced in a climate-neutral manner, is becoming increasingly important as an energy source for industry. Not only can this hydrogen be used to power vehicles and for storing renewable energy, it can also be used to defossilise material value chains.
Reduced Portland, Hight-Performance Systems
As we transition to a lower-carbon future, it is critical to design dependable cement barries with reduced Portland content. To meet this challange, Halliburton has developed a porffolio of reduced Portland slurries that includes the NeoCemTM system, NeoCemTM E+ system and EnviraCemTM system.
Industry❜s First Dissolvable Long-Range Frac Plug Illusion High-Expansion Frac Plug
As the number of wellbores completed in North America continues to increase, plug-and-pref remains the preffered treatment. Drilling at completing this wellbores rarely lacks challenges, and one of the biggest is a casing with restructed inside diameter - a condition that can greatly hinder wellbore completion.
Borusan Cat Kazakhstan. Component Rebuild Center in Atyrau On the Effectiveness of «Direct» Methods of Hydrocarbon Exploration
Borusan Cat Kazakhstan company is Cat® authorized dealer in Kazakhstan. The company offers wide range of services connected with components rebuilding and manufacture and equipment service maintenance. Borusan Cat Kazakhstan company was established in Almaty in June 1999. Nowadays the company’s activities are carried out in over 20 branches, 23 warehouses, 4 repair shops and 2 Component Rebuild Centers (CRC) in Kazakhstan. One of the CRC is located in the center of the West Kazakhstan – in Atyrau city.
On the Effectiveness of «Direct» Methods of Hydrocarbon Exploration
It is well known that the profitability of oil and gas producing companies directly depends on the efficiency of exploration methods. Both «direct» and «indirect» exploration methods are currently used to explore for hydrocarbons. The difference between them is that indirect exploration methods study the physical properties of rocks and minerals in the Earth’s interior, while direct methods reveal the presence and composition of minerals in the survey areas.
KazMunayGas Expands Its Fleet Plans Include Maritime Oil Services and Shipbuilding
At the beginning of 2023, the national company KazMunayGas and the United Arab Emirates port and logistics operator, Abu Dhabi Ports Group, signed a Strategic Partnership Agreement. Erbolat Mendybayev, Director of the Transportation and Logistics Department at KMG, shared insights into the development of the cooperation between the two national operators, oil transportation in the Caspian and open seas, plans for shipbuilding in Kazakhstan, and participation in the transport corridor from China to Europe.
Caspian Countries Require New Logistics Schemes for the Supply of Oil and Petroleum Products
Over 70 representatives from the oil and gas industry of Kazakhstan, Uzbekistan, Kyrgyzstan, Russia, the UAE, Azerbaijan, Belarus, the Czech Republic, Malta, and Slovakia discussed current issues in oil refining and the export of oil and petroleum products at a round table in Almaty.
Projects
Kazakh Oil for the European Union. Can Europe Replace Russian Crude with Kazakhstan❜s?
KazMunayGas and the Croatian oil transportation system operator JANAF, following the results of the first meeting of the Kazakh-Croatian intergovernmental commission on trade and economic cooperation in Zagreb earlier this year, have signed a memorandum of understanding. The document confirms the readiness of the parties to begin discussing cooperation in oil transportation and the storage of oil and oil products.
Expertise
Faces of Kazakhstan❜s GR
Today, we introduce you to GR experts in the Republic of Kazakhstan’s oil, gas, and energy companies. They serve as a unique communication bridge between the companies, the government, and the public. Aizhan Khamitova, the head of the GR HUB expert community, which unites professionals in the field of interaction with state authorities and other key stakeholders of companies, asked GR specialists to talk about their work. The questions were all the same, making the answers all the more interesting to read.
Oil Chronicles
Oil Chronicles
December 2 in Dubai (UAE), the Chairman of KazMunayGas, Magzum Mirzagaliyev, and the General Director of AD Ports Group, Mohamed Juma Al Shamisi, in the presence of the President of Kazakhstan Kassym-Jomart Tokayev, signed a Principles Agreement. The parties agreed to establish a joint working group to explore the potential construction of a ship repair and shipbuilding facility on the Caspian Sea coast in Kazakhstan.
Exclusive
Black Blood of Kazakhstan. The Nazarbayev Era. Year 1994: Winds of Change Blew from Atyrau
We present an excerpt from the new book by the well-known Kazakhstani journalist, oil and gas industry analyst, and publisher of the Petroleum Journal, Oleg Chervinskiy, "Black Blood of Kazakhstan. The Nazarbayev Era." The oil chronicle covers the period from the declaration of the Republic of Kazakhstan's state sovereignty to March 2019, when the country's first president, Nursultan Nazarbayev, announced his resignation. The book can be described as a fine documentary-adventure novel featuring its heroes and anti-heroes, grand ambitions and equally large sums of money, geopolitical and spy games, mysterious deaths, and sudden wealth.