Sustainability

Engagement on local content

In order to attract investment for development of local production in the Republic of Qazaqstan, KPO continued working with UK Department of International Trade to raise the interest of international companies in establishing partnerships or creating joint ventures with Qazaqstani companies and promoting technology transfer.

On 13 November 2020, KPO participated in online meeting of the UK and Qazaq Working Group on energy-related issues to discuss the impact of the current market volatility, the global pandemic and Qazaqstan's participation in the World Trade Organization (WTO), as well as a review of the LC requirements for the implementation of ESG priorities (environmental, social and governance issues) and sustainable development of the Karachaganak field.

During 2020, KPO participated in online meetings of the Ministry of Energy, KazService Association and Petrocouncil to support local service providers in the oil and gas sector, and held webinars to explain the tender process considering amendments made in the JOC Tender Procedures.