The first KazDrilling conference

The first KazDrilling conference was held in Atyrau on April 6, 2023. It was dedicated to drilling, geophysics and maintenance issues. More than 200 representatives of companies involved in the oil and gas industry took part in the conference. As part of the conference, the following issues were discussed: 1. Current situation in oil and gas fields and drilling companies; 2. Drilling plans for oil and gas operators; 3. Problematic issues and ways to solve them; 4. Localization experience of large drilling companies. The General Director of KMG Drilling&Services LLP - Alpamysov A. made a presentation on the "Experience of creating successful JVs and entering foreign markets" in the section “Experience of localization of large companies in drilling”. Alpamysov A., in his speech, noted that interaction with foreign drilling companies made it possible to increase the competence of Kazakhstani workers; transfer new technologies used in drilling by leading companies, and gain experience in cooperation with world majors in the oil and gas industry. This cooperation allowed KMG Drilling&Services LLP to acquire new assets; increase competitiveness in the market for the provision of drilling services, and gain more than KZT22 bln. of total profit for the entire period of the project. Next, Alpamysov A. answered the questions of the participants. He spoke in more detail about the challenges regarding tax, legislative and corporate issues encountered when creating joint ventures. At the end of his speech, Alpamysov A. expressed his gratitude to the organizers of the event and wished success to all participants of the conference.