Kashagan support role for Scottish service contractor

Scottish oil and gas services company qedi expects to increase its turnover in Kazakhstan by 75% over the next 12 months.

Offshore staff

ABERDEEN, UK -- Scottish oil and gas services company qedi expects to increase its turnover in Kazakhstan by 75% over the next 12 months. This follows the award of a $30-million contract for the Kashagan field early oil project.

Under this contract, qedi is providing specialized engineering, including its Go Technology well completions project management software.

The company, which was established in 1987, formed an operation in Kazakhstan five years ago to assist major development projects such as Kashagan and the onshore Tengiz field. It also invested $5.1 million in creating a training school with a local partner, Caspian Technical Resources (CTR).

This institute has so far trained 500 Kazakh nationals, and qedi has placed 200 of these in oil and gas jobs. The company is now selling its interest in the training school to CTR to focus on its core business. Outside the Caspian region, qedi is working on numerous oil and gas projects in Australasia, the Gulf of Mexico, West Africa and the North Sea.

10/05/2009

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