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Kazdrilling Upstream of Kazakhstan

On April 2, 2024, Bolashak Group team attended the second annual Kazakh conference "KazDrilling Upstream of Kazakhstan" organized by the Union of Oilfield Service Companies "KazService."

On April 2, 2024, Bolashak Group team attended the second annual Kazakh conference "KazDrilling Upstream of Kazakhstan" organized by the Union of Oilfield Service Companies "KazService." At the forum key issues related to the development of mineral resources were discussed, and concern was expressed about the high tax burden on oil-producing companies.

Sayat Boranbekov, President of the Petromining Association, noted a 17% decline in oil production by oil-producing operators over the past five years, driven by various factors, including a lack of investment. He also emphasized the need to improve the economic situation in the Oil and Gas industry and promote the multiplier effect in oilfield services by increasing local content and project volumes.

During the event, an awards ceremony was held, where honorary certificates and medals were presented by the Ministry of Energy. Our General Director, Alma Muratovna Nsanbayeva, was honored with a certificate for her contribution to the development of the industry.

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