Press Releases


SPE Caspian Technical Conference: KMG Focused on Continuous Improvement

The Caspian Technical Conference of the international Society of Petroleum Engineers (SPE) was held online during 21–22 October. The event was organised with the support of JSC NC "KazMunayGas" (KMG).

The Conference Topic is “Competing on a global scale: Creating the right environment”. The Conference was attended by representatives of oil and gas companies, international organisations, the Ministry of Energy and the Ministry of Ecology, Geology and Natural Resources of the Republic of Kazakhstan, KAZENERGY Association.

“Forums like SPE are very important. We need to jointly discuss matters relevant to our industry in this fast-changing world. One of our key objectives is to promote direct contacts among technical experts in the oil and gas sector, which, eventually, determine how efficiently the current targets of the industry will be achieved,” Zhakyp Marabayev, KMG’s Chief Exploration and Production Officer, said at the opening ceremony.

The conference included a panel discussion for investors and operators, more than 12 technical sessions, where experts discussed the existing challenges, the social, economic and educational needs of the oil and gas sector, the trends and achievements of the industry.

“The principal challenges we face are rooted in the fact that many fields are already quite mature. The physical wear of equipment and the lack of historical data to enable us to make the right decisions and to influence the effectiveness of our operations are among the most critical challenges. Just like other operators, we aim at maintaining the continuous improvement cycle for our assets. We pay more and more attention to raising the technical quality of our solutions and optimising our operations. Competent staff, application of best practices, identification and prompt implementation of the new technology are the factors that will contribute to this objective,” Zhakyp Marabayev said at the panel session “Driving economic success in today’s operational landscape”.

Kairat Saktaganov, KMG’s HSE Director, told about the company’s preparedness for emergencies. Development of HR potential in the oil and gas sector was discussed by KMG’s Director of Human Resources Botagoz Ashirbekova at the panel session “Hiring to win: Education, recruiting and talent management in a more competitive energy market”.

“Notwithstanding the world’s general trend of decreasing interest to the oil industry, demand for key ‘petroleum’ professions in our country, and in our company, in particular, will remain for decades ahead, although we realise that new professions associated with rapidly developing technologies will emerge. We see great potential in the specialists whose experience and competence helped them to acquire integrated skills and understand the main processes of the entire value chain of oil assets. Our focus as HR specialists will be on developing such a set of skills for our professionals,” she said.

The company has also worked out and approved development programmes for such industrial professions as reservoir engineer and professional foreman.

As a reminder, held every year since 2014 in turns in Nur-Sultan and Baku, Azerbaijan, the Caspian Technical Conference is an important platform for sharing knowledge and discussing the challenges of the oil and gas industry. KMG, as a national company representing Kazakhstan in the oil and gas sector, acts as a co-organiser of the conference in Kazakhstan on a permanent basis.  For many years, the company has been supporting the Society of Petroleum Engineers and takes pride in its contribution to SPE’s development in the Caspian region. This year, the forum was held online for the first time. The Continuous Improvement Office, which acted as an organiser on the part of KMG, cooperated with the SPE team to prepare a varied programme of the forum and an interactive exhibition, where KMG also had its virtual display stand.


About SPE

Society of Petroleum Engineers (SPE) is a not-for-profit professional association whose members are engaged in the development and production of energy resources. SPE is a key platform for acquiring technical knowledge related to the exploration and production of oil and gas.