BAKU, Azerbaijan, January 19. NCOC (North
Caspian Working Firm) is actively cooperating with the
authorities of Kazakhstan and trade associations to make sure that
its native content material technique aligns with the nation’s long-term
financial objectives, a supply on the NCOC advised Development.
In accordance with the corporate, throughout the framework of the brand new
Strategic Partnership Council within the oil and fuel trade, NCOC is
working to maximise native content material and help the event of
Kazakhstan’s financial system via a number of strategic initiatives.
The supply additionally emphasised that NCOC’s native content material technique is
primarily based on the Manufacturing Sharing Settlement for the North Caspian
Undertaking, in addition to the proposals of the Kazakh authorities.
“This helps strengthen the native trade and enhance the
participation of Kazakh firms in main tasks. We’re
actively collaborating with the Ministry of Power of Kazakhstan
and different regulatory authorities to make sure compliance with nationwide
priorities,” the supply detailed.
Specifically, NCOC organizes workshops and coaching classes
for native suppliers, authorities representatives, and worldwide
companions, together with organizations equivalent to KazService and PetrSovet.
A notable instance is NCOC’s involvement within the institution of the
Worldwide Machine Constructing Heart (IMBC), which goals to help
Kazakh producers and promote localization within the nation.
“We carefully collaborate with the federal government of Kazakhstan and
different stakeholders to make sure most involvement of native suppliers
in main tasks, in addition to to advertise the event of Kazakh
enterprise,” the corporate added.
The corporate additionally emphasised that these efforts contribute not
solely to assembly native content material necessities but additionally make a
important contribution to Kazakhstan’s financial growth.
NCOC, primarily based in Atyrau, Kazakhstan, is the working firm
below the Manufacturing Sharing Settlement for the North Caspian. As of
in the present day, the consortium consists of seven of the biggest and most
skilled international power firms: “KazMunayGas” (16.88 p.c),
“Eni” (16.81 p.c), “Shell” (16.81 p.c), “ExxonMobil” (16.81
p.c), “TotalEnergies” (16.81 p.c), KNNK (8.33 p.c), and
“INPEX Ltd” (7.56 p.c). From 2004 to 2024, NCOC offered extra
than 5,390 staff of Kazakhstani firms with specialised
skilled coaching in probably the most in-demand professions, equivalent to
working in confined areas, welding security, digital programs,
meeting, and extra.
