Draft:KMG Drilling & Services


KMG Drilling & Services
Company typeState-owned
Founded2008
Headquarters,
Key people
Productsoil wells
drilling works
RevenueUS$26.44$ million (2021)
Number of employees
40+
ParentKazMunayGas
Websitewww.kmg-ds.kz

KMG Drilling & Services (KMGDS) A state-owned company, in the field of drilling operations, of Kazakhstan.

The company provides a range of production services for drilling and construction of oil wells in the Kazakh sector of the Caspian Sea.[2] It was founded in 2008, with its original name as LLP "Teniz Burgylau". At that time, it was a wholly owned subsidiary by KazMunayTeniz, but in 2014, it was renamed to its current name with KazMunayGas buying all shares.[3]

Satti JUDR

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The Caspian Drilling Company Ltd. (CDC) held a ceremony to launch the Satti Jack-Up Drilling Rig (JUDR) at its marine and logistics base. The Satti JUDR, fully constructed in Kazakhstan, was modified in June 2021, increasing its load capacity from 453 tons to 680 tons, and is now capable of drilling oil and gas wells to depths of over 6,000 meters.[4] The rig will be utilized in the Shallow Water Absheron Peninsula (SWAP) project, operated by British Petroleum Absheron Limited. The project highlights Kazakhstan's engagement in international oilfield services, with the rig being owned by KMG Drilling & Services LLP, and operated by CDC. This follows a memorandum of understanding and a joint operations agreement between KMG and the State Oil Company of Azerbaijan. [5]


References

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  1. ^ Назначен гендиректор ТОО KMG drilling & services (2024) Ақ Жайық. Available at: https://azh.kz/ru/news/view/103788 (Accessed: 09 August 2024).
  2. ^ Mehdiyev, M. (2021) Caspian countries team up for off-shore oil drilling, Caspian News. Available at: https://caspiannews.com/news-detail/caspian-countries-team-up-for-off-shore-oil-drilling-2019-2-20-49/ (Accessed: 09 August 2024).
  3. ^ КМГ и Nabors Drilling International Ltd создали СП для Тенгиза (2015) Panoramakz.com. Available at: http://panoramakz.com/index.php/economics/oil/item/37689-?utm_source=google.com&utm_medium=organic&utm_campaign=google.com&utm_referrer=google.com (Accessed: 09 August 2024).
  4. ^ KazMunayGas. (2021) Satti Jack-up drilling rig modification completed, Басты бет. Available at: https://www.kmg.kz/en/press-center/press-releases/394/ (Accessed: 09 August 2024).
  5. ^ Satti drilling second shallow-water caspian well for BP, partners (2022) Offshore. Available at: https://www.offshore-mag.com/drilling-completion/article/14223115/satti-drilling-second-shallow-water-caspian-sea-exploration-well-for-bp-partners (Accessed: 09 August 2024).