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Archive
#4 (88), September 2014
Exclusive
The Locomotive of the Country’s Economy
KazMunaiGas National Company is rightly considered to be one of the country’s economy locomotives. Today it provides about a third of overall oil production, nearly 96% of gas transportation, 67% of the pipeline transportation and 83% of oil refining in the country.
KMG EP: Ecology and Modernisation are our Priority
The largest national producing Company of the country - JSC KazMunaiGas Exploration Production (KMG EP) celebrates its 10th anniversary with good financial results: in the first half of 2014, the profit of the Company increased in 5.4 times.
Kaztransoil – the Sky-High Rating of Confidence
Following the results of the first six months of the year, KazTransOil JSC, the national main oil pipeline operator of the Republic of Kazakhstan, has received a net profit of 36 billion 755 million KZT, which is 10% higher than in the same period of 2013. The agreements reached within the framework of the Eurasian Economic Union development gives confidence in further stable growth of indexes. The company took an active part in the preparation of a draft Treaty of the EAEC, and it is worth noting that Kazakhstan side managed to consolidate its position and interests in the energy area. Kairgeldy Kabyldin, the Executive Director of KazTransOil JSC speaks on the company expected future development.
Construction of Shipbuilding and Shiprepair Yard in Kuryk
On June 12, 2014, under the chairmanship of the President Nursultan Nazarbayev, 27th plenary session of the foreign investors Council was held, during which the President of Kazakhstan and the Prime Minister of Italy Matteo Renzi gave a new impulse for bilateral cooperation and further implementation of joint projects in Kazakhstan.
Oil Chronicles
Oil Chronicles
Оctober 2013
October 2 NC «KazMunayGas» JSC (KMG) and international company «Schlumberger Logelco» Inc. have entered into a memorandum of understanding on cooperation within the 21-th Kazakhstan International "Oil & Gas" Exhibition and Conference KIOGE in Almaty. The main areas of cooperation under this Memorandum are evaluation and optimization of KMG deposits production, exploration, exploitation, production. The memorandum also provides for the training of KMG technicians through practical experience and by sending to Schlumberger units and training facilities.
Politics
Fresh Start for Investments in Kazakhstan. Internal and External Risks
In the first half of the year 2014, the political situation in Kazakhstan has not undergone major changes. The internal balance of elite powers virtually remained the same and consists of two main groups: the family of the President and members of the "old guard". More interesting trend is the decline in activity of the traditional opposition in Kazakhstan, including some politicians, associated with the temporary departure from the political scene.
Technology
Project execution
Experience with a vast array of world-scale oil, gas and infrastructure projects.
Integrated planning and concept selection for greater efficiency.
Best-in-industry safety and environmental perfomance.
KIOGE-2014
It’s Destiny
Over the years since independence, many experts from the oil and gas industry have emerged from within Kazakhstan. Various factors have contributed to the establishment of this Community of Professionals which makes our country proud, among which are good education (many of our oilmen are graduates of the well-known Russian State University of Oil and Gas named after Gubkin), international internships and experience sharing, work on technically challenging projects, competitive salaries, industry development, manpower nationalisation programme, and many years of practice. Today everyone who works in the oil industry understands that continuous learning is essential to any career development. Technologies are advancing and even professionals need to keep learning to keep up with the ever changing industry.
TCO: World-Class Operations with Minimum Impact to Environment
Tengizchevroil (TCO) is a major producer and marketer of crude oil in Atyrau Oblast, a region of Western Kazakhstan, where the company operates the giant Tengiz and nearby Korolev fields. In 2008, TCO completed the Sour Gas Injection and Second Generation Plant (SGI-SGP) expansion, which increased daily crude oil production capacity to more than 75,000 tonnes (600,000 barrels). In addition to crude, TCO produces liquefied petroleum gas (LPG), butane, propane and elemental sulfur.
Kazakhstan Engineering – the Base of the ScienceConsuming Economy of the Future (to the 40th anniversary of the “KAZGIPRONEFTETRANS” Engineering Company)
The biggest engineering company of the Republic of Kazakhstan - KAZGIPRONEFTETRANS Engineering Company LLP (KGNT EC) - celebrates its 40th anniversary in 2014. Over the years of its existence, the Company has implemented more than thousand projects, significant for the country’s economy. The Company’s executives told the Petroleum reporter about the anniversary, the future of Tengiz, the new generation engineers training and other large-scale projects.
Well Control Operations with Block Packs as an Efficient Mean to Preserve the Producing Formation Filtration Properties
In process of oil, gas and gas-condensate well exploitation, there is a need to ensure the repair works from time to time, which means the need in the well control (capping) operations. When using the traditional blocking liquids (water and salt solutions), their absorption into the reservoir can occur, resulting in the increased volumes of the capping fluid and increase of the relevant work costs. In addition, even a slight absorption of fluid into the reservoir leads to deterioration of the reservoir filtration features and it complicates the well development after the repai
GMS Neftemash: Integration of Technologies and Expertise
JSC GMS NEFTEMASH, from Tyumen is an enterprise, founded in 1965. It was the first to develop the oil and gas fields in the Western Siberia. Today it is one of the largest, fastest growing companies not only in Tyumen region, but in the Russian Federation in the sphere of the modular petroleum equipment production.
Preserving and Enhancing Cherished Traditions of the Service Industry of Kazakhstan
Marking its professional anniversary in the O&G industry KMC Technologiyasy LLP highly appraises the results achieved and enthusiastically looks forward to greater projects to come moving operational and geographic boundaries. During these 10 years the company has grown from an ordinary service market player to an indisputable industry leader running regional offices in the key O&G regions of Kazakhstan.
The Business of Safety in Kazakhstan
Lloyd’sRegisteris an independent organisation that provides engineering, technical and business services to industry worldwide, including to the oil and gas and manufacturing sectors in Kazakhstan. We spoke with Zhandos Orazaliyev about his organisation’s role in the country and regionally.
KAMAZ: High Standards of Euro-5
According to the Department of Customs Control, it is forbidden to import the vehicles, corresponding to the ecological standard of Euro-3 and below to the territory of the Republic of Kazakhstan starting from July 1, 2013.
Nitrogen Application in Kazakhstan’s Oil and Gas Industry
Kazakhstan oil and gas sector offers attractive investment opportunities for leading Western, Asian and Russian oil and gas companies. New fields, as well as cost-effective transit and export oil and gas routes, are being successfully developed. Development, reconstruction and modernization of existing oil fields and pipelines, as well as construction of new, strategically significant ones, receive significant investments.
Pump Upgrade Program Helps Local Refineries Lower Total Cost of Ownership
The Flowserve Atyrau Quick Response Centre (QRC) is located in the city of Atyrau, Kazakhstan, within the Atyrau NefteMash LLP engineering plant. It is equipped to provide instantaneous maintenance and repair services to all pumps, mechanical seals and valves used in a variety of markets and industries throughout Central Asia.
Communication without Borders
It is still believed in Kazakhstan that satellite communication is an omnipresent phone. Even on advertising billboards an oil-industry worker is often depicted holding a mobile phone and looking meaningfully into the distance against the blue sky background. This image has become so familiar to us that satellite Internet, video transfer, security control on pipelines, helping geologists with the data transfer, online conferences in steppes or at sea and the "SOS" button for anyone who might be caught in a difficult situation - all this seems unreal. Meanwhile, satellite communication is able to significantly optimise the work, save time, effort and money.
Offshore and Onshore Support
On July 1, Astel signed an agreement as of July 1 with North Caspian Production Operations Company B.V. (further-NCPOC) on the technical support for the telecom systems at the Customer’s facilities. The agreement is concluded for the period until 2017. Astel is responsible for technical support and services for the telephone system, data transfer devices, alarm system, video surveillance around the perimeter, access control systems, fiber-optic lines and other systems, both onshore and offshore North Caspian project. For the first time, a Kazakhstani telecommunication company obtains the general contractor status in such an important project.
Presentation
Expopower and Greenpower 2014 - Poznan Energy Meetings
The middle of May is the time of the events in energy and electricity industry in the Polish city of Poznan. It is due to the annual Expopower Conference and Exhibition, hosted in the largest pavilions of the Poznan Exhibition Center. In the recent years, the forum topics included the discussions of the alternative energy, therefore, the current exhibition is referred to as the Expopower and Greenpower 2014.
The Outcomes of the VII Astana Economic Forum and the II World Anti-Crisis Conference
On May 21-23, 2014, on the VII Astana Economic Forum “Risk management in the era of changes in the format of G-Global” and the II World Anti-Crisis Conference, more than 80 events were held, 83 final documents (memoranda and agreements) were signed on the total amount of 5,6 billion dollars. The main event was to approve the Concept of the World Anti-Crisis Plan.
New SPE Conference Series Will Tackle Issues in the Caspian Oil and Gas Industry
This November will see the first in a new series of conferences organised by the Society of Petroleum Engineers (SPE) – the Annual Caspian Technical Conference and Exhibition (CTCE) – running from November 12 – 14 in Astana.
Legislation
Some Taxation Issues in the Oil and Gas Industry
The Republic of Kazakhstan possesses significant reserves of oil and gas, which means the oil and gas industry holds the leading position in the structure of the national economy. Therefore the tax system in this sector needs to provide stability, transparency and progressivity,, take into account the general global situation and encourage investment.
Geology
Ustyurt – real testing area to discover cluster of oil, gas and condensate fiel
The article presents an industrial innovative project in which implementation of the new trend in exploration (including seismic investigations) and drilling works at Tasoyuk subsoil area is offered for the purpose of enhancing the possibility to discover natural gas and treat it with due quality. That means putting intellect, knowledge and understanding into hydrocarbon accumulations’ search, exploration and development.