Magzhan Madiev: Kazakh startups can develop very competitive solutions for the oil and gas industry

The development of the domestic IT sector and the involvement of Kazakhstani IT companies were discussed at the Astana Hub on November 19 as part of the IX Annual Oilfield Service Conference "KAZNEFTEGAZSERVICE-2021".

“Astana Hub helps to introduce innovations in corporations. As part of the Scalerator export program, our startups enter the markets of the USA, the CIS, Europe and Southeast Asia. Startups are already signing contracts for $100,000 and showing very good results. Since the oil and gas industry is very well developed in our country, we are seeing a great demand for digitalization. Our IT start-ups can develop very competitive solutions, test them in Kazakhstan and enter the world markets with them,” Magzhan Madiyev said.

During the conference, the representative of Tengizchevroil Bauyrzhan Kasenov told how the digitalization program is being implemented in one of the most complex organizations in the country:

“As an example, we can take a recent case where we actually saw success in implementing a major overhaul of a second generation sour gas injection plant, which looks like this: we are shutting down the plant, carrying out maintenance of the entire facility and returning it to safe operation within the next five years. And one of our big accomplishments was the digital delivery of this overhaul, which kept it on schedule and ensured there were no major injuries throughout the entire process.”

At the end of the conference, all participants came to a common conclusion: firstly, the digitalization of oil and gas companies should ensure safety and efficiency. Secondly, digitalization is not only the introduction of technology, but also the creation of an organizational culture that provides an increase in commercial value in the production chain by expanding digital skills at all levels of the company.

The conference is organized by the KazService Union of Oilfield Service Companies of Kazakhstan (KazService Union) with the official support of the Ministry of Energy of the Republic of Kazakhstan, the Akimat of Atyrau Region, the PSA Authority and the KAZENERGY Association. KazService Union celebrates its 10th anniversary this year. At the moment, members of the KazService Union are about 200 domestic oilfield service companies, as well as joint ventures and consortiums formed by Kazakh and foreign companies.

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