Tenaris invests in Kazakhstan
Tenaris has entered into a long-term agreement with KPO (Karachaganak Petroleum Operating B.V.) for the supply of OCTG, TenarisHydril premium connections and field services for the company’s developments in the Karachaganak field in Kazakhstan.
The Karachaganak field covers over 280 km2 of northwest Kazakhstan and has reserves of more than 2.4 billion bbls of condensate and 16 trillion ft3 of gas. Partners of the Karachaganak venture are BG Group, ENI, Chevron, Lukoil and KazMunayGas.
Premium threading facility
To support local operations, Tenaris will invest US$ 40 million to build a new premium threading facility with a capacity of 45,000 tpa in Aktau. The new plant, which will employ nearly 90 people when operational, will be designed according to the highest safety standards and will operate according to Tenaris’s unified QHSE Policy that is ISO 9001 certified on a global scale.
The supply agreement, which will until 2017 with an optional two-year extension, will feature TenarisHydril premium casing and tubing connections with Dopeless® technology, Tenaris’s proprietary dry, multifunctional coating that enhances connection performance and brings operational, well productivity and HSE benefits to operations.
Specific challenges
“Tenaris is committed to providing KPO with customised and reliable supply solutions to support their specific challenges. As part of our dedication to Kazakhstan and its energy industry, we will employ local people and promote knowledge transfer. This has been our model worldwide since Tenaris was born more than 60 years ago,” said Michele Della Briotta, Tenaris Area Manager for Eastern Europe.
Adapted from press release by Katie Woodward
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/10072014/tenaris_services_for_kpo_in_kazakhstan_1010/
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