Prospects of the Oil and Gas Industry of Kazakhstan

Traditionally, the Kazakhstan Exhibition Company Iteca starts the season of events in the oil and gas sector of Kazakhstan in the City of Atyrau – the oil-producing region of the country. On April 14-16, the 14th North Caspian Regional Atyrau Oil & Gas Exhibition "Atyrau Oil & Gas 2015" will be held at Atyrau Sports Complex. The 9th Atyrau Regional Petroleum Technology Conference OILTECH Atyrau 2015 will be conducted on April 14-15 at the Renaissance Atyrau Hotel.

Within the framework of the support programme for domestic producers that will work in 2015, the organizers of Atyrau Oil & Gas 2015 have prepared a special offer with additional opportunities and discounts for domestic manufacturers and companies, operating in the territory of the Republic of Kazakhstan.

It is expected that the exposition will gather around 200 companies from around the world. More than 35% of regular participants have already confirmed their participation. At the present stage of project preparation, the organizers observe the great interest on the part of companies from Russia.

At the Oil and Gas Conference KIOGE 2014, held last autumn, the Deputy Minister of Energy of the Republic of Kazakhstan Magzum Mirzagaliev dedicated his speech to the general condition of the oil and gas industry of Kazakhstan. He noted that at that time the world witnessed the deterioration of the oil and gas market conditions, and therefore the government of the Republic paid great attention to the issues of the improvement of the efficiency of oil recovery and development of the deposits from the current fund.

- The increase in the coefficient of oil recovery from oil reservoirs will be one of the main objectives of Kazakhstan oil and gas industry for the next 10 - 15 years, - said the Deputy Minister of Energy. The urgency of that task had been illustrated by him with the following figures: today about 70% of oil at existing deposits in Kazakhstan remains in the depths, while, for example, in Norway this rate does not exceed 50%. According to experts, the widespread use of modern technologies may lead to the increase in the amount of recoverable reserves in Kazakhstan by at least 15 - 20%.

OILTECH Atyrau 2015 Conference presents a unique opportunity for discussions on the major issues of effective organization of exploration work, examples of innovative approaches in the study of layers, as well as the latest developments in the offshore geology. We are expecting an interesting session on drilling, which will disclose the issues of exploratory works and industrial drilling, injection technologies and stimulation. The session on servicing of wells will deal with such aspects as efficiency of processes of production activities management, optimization of operational processes and production of existing wells. One of the interesting sessions of the second day will be the most relevant topic for the West Kazakhstan region – Development of oil refining and petrochemicals sectors.

Official support for the events is provided annually by the Ministry of Energy of the Republic of Kazakhstan, "NC "KazMunaiGas" JSC, Atyrau City and Atyrau Region Administrations (Akimats), Kazakhstan Union of Service Companies and Kazakhstan Society of Petroleum Geologists.

Construction and Interiors, Heating and Ventilation Exhibition – Atyrau Build 2015 will be held alongside in the same days.

For opportunities to participate in events and more information please visit the websites of the events: www.oil-gas.kz.