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Requirements to oil&gas service companies to be revised in Kazakhstan

Business Materials 18 September 2020 16:47 (UTC +04:00)
Requirements to oil&gas service companies to be revised in Kazakhstan

BAKU, Azerbaijan, Sept.18

By Nargiz Sadikhova - Trend:

Requirements for service companies operating in the oil and gas sector will be optimized in Kazakhstan, Trend reports with reference to Kazakhstan’s Ministry of Energy.

Kazakhstan’s Ministry of Energy has developed a corresponding law draft on the introduction of amendments to the law 139 from Apr. 10, 2020.

The draft oversees a decrease of the burden to the business as some requirements are being excluded from the original law. Thus, the following requirements are being excluded:

1) on availability of pipelines since the availability of basic engineering structures and installations is considered sufficient for those operating in the production of oil, gas, condensate;

2) on availability of two or more downhole tools, since the practice has shown that one tool is enough to perform this subspecies of activity for those operating in research and geophysical work at hydrocarbon deposits;

3) on availability of a cement truck, as an unnecessary requirement, because cement is often delivered in a dry form for operations related to cementation of wells in hydrocarbon fields;

4) availability of a unit for preparation, circulation, and purification of the working fluid, as an unnecessary requirement for operations related to the increase of oil recovery of oil reservoirs and increase of wells productivity.

The law draft was published to receive expert opinions on the topic and have public discussions.

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Follow the author on twitter: @nargiz_sadikh

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