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Aktau launched seamless steel pipe production plant

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by October 14, 2016 Legal

The Ministry of Energy of Kazakhstan implemented the project to support the Kazakh oilfield service companies of the country’s oil and gas industry, as well as to increase local content in major projects of the oil industry.
“An agreement on localization of Tenaris pipe production plant in Kazakhstan in exchange for an extension of the current contract with KPO (5 years, worth 212 million dollars) was signed as a result of joint work of the Ministry of Energy of Kazakhstan, KPO and company Tenaris. We hope that the plant will be a bona fide supplier of tubular products and for other subsoil users,” Deputy Minister of Energy of Kazakhstan Magzum Mirzagaliyev said.
According to Deputy Minister, there are other claimed goods with high quality and capacity to ensure their localization in Kazakhstan.
“We hope that other mining companies, including large TCO operators, NCOC and their foreign suppliers rated successful experience of KPO, and considered the possibility of aimplementation of the” early tender “mechanism on their projects,” M. Mirzagaliyev has said.
According to the Ministry of Energy, the new plant plans to provide tubular products under long-term contracts with Karachaganak Petroleum Operating (KPO) and another key operator – Tengizchevroil (TCO).
40 workers already employed in the plant. When the enterprise will be fully loaded and the number of local citizens will be 95%, their number will increase to 90 employees in the future.
As a high-tech factory, at the cost of 40 million dollars, its production capacity will be 45 thousand tons of finished steel oil and gas pipes with gas-tight threaded joints of “premium” class in accordance with the highest standards in terms of safety. This company will operate in accordance with ISO 9001.

Source: The Prime Minister of Kazakhstan

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