Technip Energies to develop Karachaganak oil and gas field onshore Kazakhstan

Technip Energies to develop Karachaganak oil and gas field onshore Kazakhstan

Technip Energies, through its joint-venture TKJV LLP with KPSP, announced the signing of a long-term services frame agreement with Karachaganak Petroleum Operating B.V. (KPO) for the development of the Karachaganak oil and gas field onshore northwest Kazakhstan.

This five-year agreement covers a comprehensive range of services, from consulting and concept to detailed engineering, aimed at optimizing and expanding the existing facilities and infrastructure of one of the largest oil and gas condensate fields in the world.

The project will be executed through TKJV LLP, Technip Energies’ locally incorporated joint venture established in 2019 to serve the Kazakh market by leveraging its engineering and technology capabilities.

Nour Abou Jaoudé, CEO & Chairman of TKJV LLP, said: “This is a collaboration for success. We are deeply honored and humbled by the trust that KPO’s CEO, Mr. Marco Marsili, and H.E. the Minister of Energy of the Republic of Kazakhstan, Almassadam Satkaliyev, have bestowed upon us. We are fully committed to supporting the localization of complex engineering services as part of the country’s ambitious local content development plans and specially on such an important project for the Kazakh energy sector and economy.”

Published: 19-06-2024