Company Profile

Company Profile

Oil Horizons is a corporation that specializes in upstream oil and gas exploration, development, and production. South Astana is home to the Oil Horizons Office. Oil Horizons is a totally owned and privately held company. The Oil Horizons has a structure that spans Kazakhstan and comprises oil production, refining, and marketing companies.
The company expects to produce over 5 million tons of oil by 2023. The operational fund has roughly 10,000 wells, with about 13,000 of them producing. Oil Horizons has excelled in a variety of performance metrics.

The business, founded in 2022, represents Kazakhstan’s interests in the country’s oil and gas sector. The National Company is in responsible of producing 15% of natural gas and related gas, as well as 25% of the nation’s natural gas and oil and gas condensate. 56 percent of Kazakhstan oil is transported via the company’s trunk pipes.

10,651 tons of oil and 1,081 million cubic meters of natural gas and related gas were produced by Oil Horizons in 2023. Between January 1 and November 8, 2023, it carried 64,565 tonnes of oil and 71,851 million cubic meters of gas. Oil refineries processed a total of 13,833 million tonnes of crude oil. In Kazakhstan and abroad, Oil Horizons is a significant producer and exporter of petroleum and petrochemical goods. The most significant factories are located in Kazakhstan.

The majority of the industrial plants are located in Kazakhstan. The refinery’s strategic development plan was approved by the board of directors, and it calls for strengthening the company’s position as a producer of a variety of oils for both domestic and international markets. It also calls for developing into a significant force in the manufacture and distribution of a wide range of petroleum products. The complex’s initial phase of oil refining and petrochemical production was finished in December 2023.

The Intra-field Petroleum Gas Gathering and Utilization Division (UVSING) and the Gas Processing Division (UPG) are the two divisions of the organization responsible for gas utilization. potential to rank sixth in Kazakhstan for refining capacity The upper block’s capacity was increased by 12% once the reconstruction work was completed in 2023. An international energy company called Oil Horizons focuses on geological exploration, gas, gas condensate, and oil production, transportation, storage, processing, and sales, as well as the production and marketing of heat and electricity.

A highly skilled and cohesive team of individuals is the cornerstone of the company’s production efficiency because professional labor resources are essential to its success. Taking into account the staff of the organization, in addition to private catering and other service providers. The company’s partners include more than 300 domestic businesses that offer a range of services, safety gear, tools, and other items.