Within the framework of cooperation between KMG DS and Parker Drilling in March 2018, a joint venture KMG Parker Drilling Company LLP (hereinafter referred to as JV KPDC) was established.
The main activity of the JV KPDC is the provision of drilling services according to international standards in large oil and gas projects with abnormal high pressures and hydrogen sulfide content.
Since February 2018, JV KPDC has been providing well drilling services at the Karachaganak field. The JV KPDC office is located in Aksai. In order to provide drilling services, 2 new drilling rigs were purchased at this KPDC joint venture project.
Due to the current situation in the world (COVID 19, falling oil prices), work on two drilling rigs has been suspended in 2020 and work on drilling wells on one drilling rig has resumed at the moment.