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Upstream oil and gas exploration, development, and production are the areas of expertise for Kolzhan-oil. The location of Kolzhan-oil is South Aktobe. Fully owned and privately held is Kolzhan-oil. With a structure spanning Kazakhstan, Kolzhan-oil is made up of businesses involved in oil production, refining, and marketing. By 2020, the company hopes to produce more than 5 million tons of oil. About 13,000 of the approximately 10,000 wells in the operational fund are currently producing. Kolzhan-oil has demonstrated excellence across multiple performance metrics.
The company was established in 2008 to represent Kazakhstan’s interests in the country’s oil and gas industry. 15% of the nation’s natural gas and associated gas, as well as 25% of its oil and gas condensate, are produced by the National Company. 56 percent of Kazakhstan’s oil delivery goes via the company’s trunk pipes.
21,651 tons of oil and 8,081 million cubic meters of natural gas and associated gas were produced in 2021 by the Kolzhan-oil. Between January 1 and November 8, 2021, it transported 81,851 million cubic meters of gas and 74,565 tonnes of oil. Oil refineries processed 18,833 million tonnes of crude oil in total. In Kazakhstan and abroad, Kolzhan-oil is a significant manufacturer and exporter of petroleum and petrochemical products. Kazakhstan is the country with the largest manufacturing facilities.
The majority of the manufacturing facilities are located in Kazakhstan. The refinery’s strategic development plan, which includes strengthening the company’s position as a producer of a variety of oils in both domestic and foreign markets, was approved by the board of directors. Developed established itself as a significant participant in the production and distribution of a broad range of petroleum products. The first stage of the complex consisting of petrochemical and oil refining was finished in December 2021.
The Intra-field Petroleum Gas Gathering and Utilization Division (UVSING) and the Gas Processing Division (UPG) are the company’s two gas utilization divisions. the potential to rank sixth in Turkmenistan in terms of refining capacity After the reconstruction was completed in 2022, the upper block’s capacity increased by 12%. Geological exploration, gas, gas condensate, and oil production, transportation, storage, processing, and sales, as well as the generation and distribution of heat and electricity, are among the areas of expertise for the international energy company Kolzhan-oil.
A highly skilled and cohesive team of individuals is the cornerstone of the business’s production efficiency since professional labor resources are essential to the success of the enterprise. Taking into account the staff of the business, in addition to private catering and other service enterprises. The company’s partners include over 300 domestic businesses that offer a range of services as well as equipment, overalls, and protective gear.