Share of local content in purchases of KazMunaiGas (KMG) group of companies was announced

Total debt of KazMunaiGas National Company JSC as of the 30th of June 2019 was equal to 3 trillions 995 billions of KZT or around 10,5 billions of US dollars. The National... Read more »

Automotive industry demonstrates the highest growth dynamics in machine building industry of Kazakhstan – Sklyar

Over the years of industrialization program implementation in the machine building industry of the Republic 114 projects were implemented, – advised Roman Sklyar – the Minister of industry and infrastructure development of... Read more »

What prevents the development of localization of IT services in the Kazakhstan Oil & Gas Industry

The first meeting of the digitalization managers of four major operators – TCO, NCOC, KPO and KMG, organized by Petrocouncil on the APEC PetroTechnic base revealed the urgent problems of the industry.... Read more »

Why did US Under Secretary of State David Hale actually come? Expert Opinion

US Under Secretary of State for Political Affairs David Hale visits Nur Sultan on August 21. According to official information, he took part in a meeting in C5 + 1 format, dedicated... Read more »

President Tokayev: The oilfield services industry can become a driver of the country’s economic growth

The development of oilfield services in the republic will push the growth of domestic small and medium-sized businesses, the creation of productive and skilled jobs, the localization of high value-added productions. The... Read more »

What activities does the Petrocouncil perform to localize the production of goods in Kazakhstan

On September 4, a broadened meeting of the Regional Council of the Chamber of Entrepreneurs of Atyrau Region was held in Atyrau, chaired by the head of the general committee of the... Read more »

Kazakhstan is trying to solve the problem of depleted oil fields

In the Kyzylorda region, for example, the level of oil production annually drops by 1 million tons. The experience of the Russian company LUKoil can be applied in solving problems with oil... Read more »

Timur Kulibayev has set the Petrocouncil the task of increasing the RoK content in the procurement programs of subsoil users

Within the framework of the expanded meeting of the Regional Council of the Chamber of Entrepreneurs dedicated to the 120th anniversary of Kazakh oil Timur Kulibayev, Chairman of the Presidium of the... Read more »

About 100 students have completed dual training at EMG production facilities since 2015

For 4 years, the company has been successfully implementing the dual training program for students of higher and secondary educational institutions, aimed at training of qualified specialists for the oil and gas... Read more »

TCO and APEC will train experts to work at the Future Growth Project in Tengiz

In Atyrau Kazakhstani personnel are undergoing training to work at Tengizchevroil LLP (TCO) Future Growth Project (FGP) located in Tengiz field, reports the Department for Coordination of Employment and Social Programs of... Read more »

Alternative subsoil use tax. How does it work?

In order to improve the investment attractiveness of the Oil and Gas Industry and replenish the resource base, in Kazakhstan legislative reforms were carried out and a new Tax Code and the... Read more »

Why Tengizchevroil” is compelled to attract expatriate workforce?

In the last five years the costs of Tengizchevroil LLP (TCO) for personnel training programs totaled to about $33 million dollars US, the company informed petrocouncil.kz. However, according to data voiced by... Read more »

NCOC has published the needs for goods, works and services

The operator of the North Caspian project – NCOC – has published the needs for goods, works and services, so that kazakhstani companies could plan the development of their own production. The... Read more »

What is the Kazakhstan’s place in the world’s oil productionranking

Record 90.3 million tonsof hydrocarbons were produced in Kazakhstan in 2018. Although, according to the plans of the Ministry of Energy of the Republic of Kazakhstan, this year the production output will... Read more »

What helped KazMunayGas NC to increase profit in the first half of 2019

KazMunayGas National Company JSC (KMG) announced operating and financial results for the first half of 2019. KMG’s net profit for the reporting period increased by 73% compared to the same period of... Read more »

How to get a job in the best companies of the world without connections and money

“I don’t want Kazakh boys and girls to think that without connections you will achieve nothing. When you know that there is no one to hope for, you can do what others... Read more »