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Ministry of Energy formed a list of the most popular products and services in oil industry

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by October 10, 2016 Legal

“At present, the oilfield services market of Kazakhstan has more than thousands of different companies a total workforce of about 160 thousand people. In addition to this figure, you can add 76 thousand 150 employees of subsoil users companies. According to the analysis, the share of oil services account for about 40% of the total procurement of subsoil users, or about 1.3 trillion tenge annually. The main directions of services is a drilling and wells repair, construction, geophysics, engineering, maintenance and examination,” K. Bozumbayev has said.

The Minister noted that the development of the oilfield services sector depends on the rates of development of the oil industry.

“Ministry collaborates together with the three major operators to support the development of Kazakhstan industry; following the results of the analysis, a list the most popular products and services, the so-called top 10, which it is advisable to develop in Kazakhstan, was developed. As part of this initiative, the companies for the manufacture of modular buildings, the production of flange and fitting joints, repair of engineering equipment have been created,” K. Bozumbayev added.

Source: The Prime Minister of Kazakhstan

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