Kazakhstan’s Oilfield Services Expand into International Markets

Kazakhstan’s first self-elevating offshore drilling rig (SEDR), “Satti,” is set to begin drilling operations in the Turkmen sector of the Caspian Sea at the Cheleken field. The “Satti” rig is a unique development, fully equipped with advanced technology for drilling in challenging offshore conditions.

Following a 2021 modification, its load capacity increased from 453 to 680 tons, opening new opportunities for larger-scale projects. The rig can drill wells up to 6,000 meters deep.

The successful deployment of the “Satti” SEDR in international projects demonstrates Kazakhstan’s capability to execute complex oil and gas operations on a global scale, providing high-quality services.

To support the upcoming work, “KMG Drilling and Services” (a subsidiary of JSC NC “KazMunayGas” and owner of the “Satti” rig) has opened a branch in Ashgabat, ensuring efficient operations in Turkmenistan. The branch’s opening ceremony was attended by KMG’s head, Askhat Khasenov, and the chairman of the State Concern “Turkmennebit,” Guvanch Agadzhanov.

This milestone marks a significant step in expanding Kazakhstan’s presence in the international oilfield services market while strengthening bilateral cooperation between Kazakhstan and Turkmenistan.

In August, “KMG DS” and Dragon Oil Turkmenistan Limited signed a contract to conduct drilling operations in the Turkmen sector of the Caspian Sea.

Background:

The State Concern “Turkmennebit” is Turkmenistan’s national oil company, established in 1996. It handles oil and gas condensate exploration and production nationwide, with headquarters in Ashgabat. The company plays a key role in implementing the state’s oil and gas policies and partners with Dragon Oil (UAE).

“KMG Drilling & Services” LLP, a subsidiary of KazMunayGas, is a leading provider of drilling services in the Kazakh sector of the Caspian Sea, founded in 2008. It owns the first offshore drilling rig, “Satti.”

Dragon Oil Turkmenistan Ltd, a subsidiary of Dragon Oil (UAE), is involved in hydrocarbon exploration and production in the Cheleken area of the Caspian Sea. The company is owned by the Emirates National Oil Company (ENOC).