News

Oil and gas and oilfield services companies on time of WTO

For a more detailed explanation of the mechanisms of work in the conditions of the WTO, the Petrocouncil , on February 22, 2019 organized the Forum “Oil and Gas Industry of Kazakhstan on time of WTO”.

KAZAKHSTAN INVITES ITALIAN COMPANIES TO COLLABORATE

ITALIAN-KAZAKH BUSINESS MEETING ON STRATEGIC COOPERATION WAS HELD IN RAVENNA, ITALY

ALASH Day in Turkey

ALASH held a round table meeting in Turkey to attract Turkish companies to Oil&Gas market of Kazakhstan;

ALASH Announcement Board

We are pleased to inform you that we have launched our new section for suppliers "Bulletin board"! ALASH®

Azerbaijan’s Contractors May Take Part in Kazakhstan’s Oil Projects

Oil contractors of Azerbaijan may take part in joint ventures on development of Kazakhstan's Kashagan field, a source in the Energy Ministry of Kazakhstan told Trend.

NCOC Striving to Ramp up to Kashagan full Production Capacity Fast

North Caspian Operating Company is exploring options for reaching the full production capacity at Kashagan earlier than planned, NCOC Managing Director Bruno Jardin said.

Kazneftgazservice 2018

On March 16 of this year, the Association of oil service companies of Kazakhstan (KazService) will hold the VII annual conference “KAZNEFTEGAZSERVICE-2018: Oilfield Construction and Engineering”.

Global Oil & Gas Atyrau Exhibition 2018

The annual International Exhibition of the Northern Caspian Region “Global Oil&Gas Atyrau 2018” will open its doors and welcome all participants and visitors for the 17th time.

Lukoil to Sign New Field Development Agreement with Kazakhstan

Lukoil plans to sign a new agreement on field development with Kazakhstan following the improvement of conditions for investors, the Russian oil company's president Vagit Alekperov told reporters.

Kazakhstan’s Budget 2018 May Assume Higher Crude Oil Price

The government of Kazakhstan will revise macroeconomic parameters upwards, in particular, a budget reference oil price for this year.

ISKER Group Becomes ALASH Fifth Operator

From February 1st 2018 ISKER group became the fifth Operator of the ALASH Unified Vendor Database. ISKER Group is a Kazakh based conglomerate comprising a diverse range of construction and engineering products & services providing a one stop solution to its clients in the oil & gas sector.

Eni and KMG Complete Transfer of Subsoil Use Rights of Isatay Block

The Ministry of Energy of the Republic of Kazakhstan, Eni and KazMunaiGas (KMG) signed the agreement to transfer to Eni 50% of the subsoil use rights of the Isatay block, located in the Caspian Sea, for exploration and production of hydrocarbons.oration and production of hydrocarbons.

Kazakhstan’s Economy Rises

As Kazakhstan’s economy started to recover from the crisis caused by the fall of global oil prices, real GDP grew by 4.3% year-on-year in the first nine months of 2017, compared to 0.4% in the same period of 2016.

Brent Crude Oil Price Hits Three-Year High of $70 a Barrel

The cost of a barrel of oil has topped $70 for the first time in just over three years, prompting a motoring group to say it is "fearful" of fuel price rises.

Kazakhstan Plans to Bring a Share of Alternative Energy to 30% by 2030

On January 10 2018, the President of Kazakhstan Nursultan Nazarbayev addressed the people about the task of bringing the share of alternative energy to 30% by 2030.

Nostrum Oil and Gas Becomes ALASH Fourth Operator

Algoritmi KZ is proud to announce Nostrum Oil and Gas became the fourth Operator of the ALASH Unified Vendor Database.

Kazakh Government Agencies to Provide Services in English from 2020

The government of Kazakhstan is determined to improve services provided to the investors. In the future, the agencies of central and local governments will provide written replies in English to investors’ inquiries within ten working days.

NCOC Disclosed the Exact Amount of Investments and Payments Under the Kashagan Project

Upon signature of the Final PSA, over $22 bln was invested in the field development, and roughly $26 bln was paid to the Republican budget as taxes and profit on participation in the project.

KazMunaiGas to Reduce Oil Output in 2018

The total planned production volume in 2018 from OMG and EMG is 8.5 million tonnes (171 kbopd), a 2% decrease on the approved production plan in 2017 mainly due to a reduction in the base production level at OMG in 2017.

ALASH at KIOGE 2017

Algoritmi KZ and ALASH participated to KIOGE 2017, and held two seminar sessions with NCOC’s and TCO’s representatives. This year the exhibition held a record number of stands and visitors.

Oil and Gas Industry Committee of the Presidium of the NCE Atameken

The government of the Atyrau region, KAZENERGY, TCO, NCOC, the Union of Oilfield Service Companies, Algoritmi KZ, and others took part in the offsite meeting of the Oil and Gas Industry Committee of the Presidium of the National chamber of Entrepreneurs "Atameken".

Rosneft Looking to Supply another 3 mln Tonnes of Oil a Year to China via Kazakhstan

Rosneft has asked Transneft about the possibility of providing for the delivery of an extra 3 million tonnes of oil per year to China via Kazakhstan.

Kazakhstan 'Dry Port' Key Hub for China's 'Belt and Road' Scheme

A four-hour drive from Almaty, the largest city in Kazakhstan, in the vast wasteland to the east leads to a new logistics station in the China-border city of Khorgos.

Kashagan to Produce 8 mln Tonnes of oil and 4.5 bln Cubic Meters of Gas in 2017

The expected output for the current year is set at 8 million tonnes of oil and 4.5 billion cubic meters of gas. After optimization of sour gas injection process, oil production will increase to 370,000 barrels a day.

Caspian Sea is China's Best Bet for Belt and Road

Of all the potential Belt and Road corridors between the European Union and China with a land component, Piraeus to Khorgos involves the smallest land element, passing through Georgia, Azerbaijan and Kazakhstan.

EAEU Free Trade Zone Negotiations with Iran Close to End

Negotiations between the Eurasian Economic Union (EAEU) and Iran to create a free trade zone are in their final stage.

Kazakhstan Produces Crude Oil for KZT5tn in Jan-Jul 2017

From January to July, Kazakhstan has produced crude oil for KZT 5 trillion in money terms, which is 27.2% higher than the figure achieved over the same period in 2016.

The Chairman of the Democratic Party of Kazakhstan Meets the Atyrau Business Community

Mr Azat Peruashev spoke to the Atyrau business community about the issues of amendments to the constitutions, pre-qualification, problems with monopolists, difficulties in arranging land plots and selling products.

The Astana International Financial Center to Open in 2018

The Astana International Exchange, powered by Nasdaq technology, will start operating in 2018 in the facilities used for Expo 2017.

Update Your Website to a More Responsive One

Updating your old website to a responsive design will allow a user to easily access your website content from a single source on desktop, tablet, or mobile device as the design will adjust to the available screen size.

Kazakhstan to Focus on Renewable Energy

With the ongoing world exhibition EXPO 2017 Kazakhstan is shifting its focus on renewable energy, one of the sustainable development goals (SDGs) of the United Nations’ 2030 Agenda.

Kazakhstan - China Cooperation at China-Central Asia Forum

On 2 August 2017, the Chinese city of Lianyungang hosted the Fifth China-Central Asia Cooperation Forum. The main topic was "Building bridges for promoting Belt Road cooperation and combining efforts to ensure peaceful development and prosperity".

KAZENERGY at World Petroleum Congress in Istanbul

The KAZENERGY Association of oil, gas and energy sector organizations took part in the meeting of the 22th World Petroleum Congress (WPC) held on July 9-13 2017 in Istanbul by the World Petroleum Council.

A Quarter of a Century...KIOGE is 25

The KIOGE Conference 2017 will take place from 4-5 October at Intercontinental Almaty Hotel, while the exhibition will take place at Atakent Kazakhstan Business Cooperation Centre from 4-6 October.

Kazakhstan’s Economy Grows in 2017

Kazakh GDP grew 4.1% in January-May compared to the same period in 2016, said Minister of National Economy Timur Suleimenov during a June 13 government meeting.

4 Signs Your Website Is Outdate

Thinking about updating your website? Whether you want to make minor changes or a complete redesign, we have the resources to help you get started.

Algoritmi Business Services

Algoritmi KZ offers services to both international organisations that want to explore the Kazakhstani market and local companies looking for international partners.

ALASH Reaches 2000 Suppliers

The ALASH Unified Vendor Database has reached 2000 suppliers who have opened an account.

Announcement from KPO

KPO requests all companies that are interested in becoming potential suppliers to register on the ALASH Unified Database.

TCO Forum for FGP-WPMP Craft Skills Assessment and Training

On June 1st Tengizchevroil LLP held a forum in their Atyrau Headquarters for the Future Growth Project and Wellhead Pressure Management Project.

OPEC non-OPEC Meeting in Vienna

The Organization of Petroleum Exporting Countries and 11 non-members agreed to extend cuts in oil output by nine months in an effort to bolster prices on world markets.

Kazakhstan Tightens Relations with United Arab Emirates

The Kazakh Foreign Minister Kairat Abdrakhmanov and United Arab Emirates Minister of Foreign Affairs Abdullah bin Zayed Al Nahyan hosted the first meeting of the Joint Commission on Consular Issues between Kazakhstan and the UAE.

ALASH Green Kit

In theme with Expo 2017 on the Future of Energy, Algoritmi KZ decided to launch a set of Green Policies aimed at encouraging organisations to make a difference for the environment.

Chairman of the National Chamber of Entrepreneurs Mr Kulibayev Visits Atyrau

The Chairman of the National Chamber of Entrepreneurs of RoK "Atameken" Timur Kulibayev held at a meeting with the business community of the Atyrau region to discuss procurement of subsoil users area.

TCO Forum for Maintenance of Production Facilities

On April 17th Tengizchevroil LLP, with the support of "Atameken", organized a Forum of service providers for maintenance of its production facilities, to assist domestic companies in the tender process.

Kazakhstan and Turkey to Create Joint Chamber of Commerce and Industry

Kazakhstan and Turkey are planning to establish a joint chamber of commerce and industry. The Turkic Business Council, which includes Kazakhstan, Turkey, Azerbaijan and Kyrgyzstan, and it meets annually in one of these countries.

Oil Output from Kashagan Exceeds 2 Million Tons

According to KazMunaiGas, over 2 million tons of oil and more than 1 billion cubic meters of gas have been produced at Kazakhstan's Kashagan field. Oil production at Kashagan was launched in autumn 2016.

Algoritmi KZ LLP at West Kazakhstan Technical Agrarian University

Algoritmi KZ, in collaboration with Mechta Laboratory, organised a series of courses at Uralsk’s West Kazakhstan Technical Agrarian University.

Global Oil & Gas Atyrau

From the 11th to the 13th of April, the Global Oil & Gas Forum took place in Atyrau. Thousands of visitors came to the Kazakhstani oil capital to find out about the most recent products and services in the sector.

Kazakhstan Prepares to Export Domestic Gas to China in 2017

The Kazakh Ministry of Energy plans to start exporting domestic gas to China this year. About five billion cubic metres of gas have already been transported, including two billion cubic metres in 2016.

ALASH at OMC 2017

Algoritmi KZ representatives will be in Ravenna, Italy from the 29th to the 31st of March, to participate at the Offshore Mediterranean Conference and Exhibition 2017.

Memorandum of Understanding Between KAZENERGY and Algoritmi KZ LLP

On March 9th 2017, KAZENERGY and Algoritmi KZ signed a Memorandum of Understanding. The parties announced their cooperation in the development of local content in Kazakhstan, and the ALASH Unified Database.

ALASH Day with TCO

On March 16th Algoritmi KZ and TCO hosted an ALASH Day. The event took place at Tengichevroil conference room during the morning, with participation from more than 100 companies from the Atyrau region, and the local media.

Algoritmi KZ Announces Partnership with Turkish Company AA and Partners

Algoritmi KZ LLP and AA and Partners are proud to announce the creation of a partnership focused on the development of relations between Kazakhstani and Turkish companies operating in the Oil & Gas sector.

Companies Display ALASH Certificate on their Website

Kaz Universal Project Construction and Topan LLP have published their copies of the Alash certificate on their websites alongside the many others that they have been awarded over the years.

Kazneftgazservice 2017

On March 17th in Atyrau will take place the Annual conference "KAZNEFTEGAZSERVIСE 2017: Oilfield construction and engineering" aimed at coverage of major oil and gas projects in Kazakhstan.

Read more

NCOC Announces Expansion at Kashagan Field

North Caspian Operating Company announced that it has approval from the Government of Kazakhstan to start early engineering and design work toward a further expansion of Phase 1 production at the Kashagan field.

Kazakhstan Oil Production Figures for 2017-2018

Output of oil and other liquids in Kazakhstan will increase to 1.81 million barrels per day in 2017 and 1.85 million barrels per day in 2018 according to the US Energy Information Administration.

ALASH at TCO Future Growth Project Presentation

The ALASH Unified Database will be present with a stand at the forthcoming Future Growth Project and Wellhead Pressure Management Project presentation in Atyrau on Tuesday 30th January.

OPEC non-OPEC Deal: A Month Later

One month after the historic deal between OPEC and non-OPEC countries has passed, with the first report being published by OPEC on Wednesday January 18th.

A New City for Kazakhstan

In a series of lectures in Astana, Nobel Prize for economics Rae Kwon Chung proposed the Kazakh Government to create an eco-city which will be fully maintained by alternative sources of energy.

Alash on KazService Magazine

KazService magazine published an article about Alash data base.

Minister of Energy Emphasizes Importance of ALASH

During the visit of KPO, Minister of Energy Mr. Bozumbayev has emphasized importance for the Operators to transfer to the unified suppliers database Alash before the end of the 2016 year.

Interview with the Atyrau Chamber of Entrepreneurs