ON APRIL 6, THE SIGNING CEREMONY OF THE MEMORANDUM OF COOPERATION IN THE FIELD OF DEVELOPMENT OF OEM MANUFACTURERS BETWEEN TENGIZCHEVROIL LLP AND EDIL-ORAL.KZ LLP WILL BE HELD WITHIN THE FRAMEWORK OF THE ATYRAU INDUSTRIAL PARK, CREATED ON THE BASIS OF EDI
Localization of original equipment manufacturers (OEMs) is one of the important directions of TCO’s work as part of the company’s strategy to develop local content. Currently, the Edil-Oral.kz LLP team is working on the creation of the Atyrau Industrial Park in order to localize the activities of international original equipment manufacturers for the oil and gas industry on the territory of the region. Localization is a long and laborious process that requires large investments.
That is why TCO considers it necessary to join forces with Edil-Oral.kz LLP and work together to find new opportunities and encourage international companies to open production in Kazakhstan. OEM products are in high and stable demand in the oil and gas industry, which means that this initiative will help increase the share of local content in all current and future oil and gas projects.