New oil service firm to be created in Kazakhstan
Kazakhstan plans to create a new oilfield service company, a source at the Ministry of Oil and Gas told Trend news agency.
"The plan is to create a new oilfield service company which deals with requests for oilfield services in the domestic market of Kazakhstan," the source said.
He recalled that talks on creating a company were held long ago and "it seems that the company will open this year or early next year".
"At a recent board meeting of the Ministry of Oil and Gas, the Prime Minister of Kazakhstan instructed the oil ministry as well as the Ministry of Industry to accelerate the establishment of such a company," the source said.
The spokesperson explained that the need for a Kazakh oilfield services company is due to implementation of large investment projects in the oil and gas industry of the country.
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