BAKU, Azerbaijan, May 23
By Nargiz Sadikhova – Trend:
The US’s KBR and NIPIneftegas JSC (Kazakhstan) signed a joint venture (JV) agreement to establish a new engineering and support services company, KBR-NIPILLP, in Kazakhstan, Trend reports with reference to the NIPIneftegas JSC.
With support from KBR and NIPIneftegas, the JV will provide engineering, procurement, design and related services for projects across the upstream, midstream and downstream oil and gas sectors, within Kazakhstan.
The company will also prepare technical requirements for all stages of a project, including project management, contract supervision, planning and cost control.
Additionally, the JV will train and develop the local Kazakh workforce while managing construction contractors and subcontractors throughout all stages of a project.
"This joint venture represents KBR's ability to bring consistent and valuable training and educational programs to the region. We look forward to mobilizing our expertise, innovative systems and low-cost energy solutions to support our clients' success on their new projects in Kazakhstan," said Jay Ibrahim, KBR President, Energy Solutions.
In turn, Igor Gershtanskiy, General Director of NIPIneftegas said that the company is confident that this strong JV will help to realize our ambition to create a world class Kazakhstan-based engineering company.
KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Solutions and Energy sectors. KBR has worked on various projects in Kazakhstan since 1993 at its peak, KBR employed nearly 200 Kazakh specialists on various projects.
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