Kazakhstan signs SNF memorandum to localize oil and gas production worth 100 million euros
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Kazakhstan's Energy Ministry signed a memorandum with French chemical company SNF SA on August 27, 2026, at the Kazakhstan Enhanced Oil Recovery Forum in Astana. The agreement aims to localize production of polymer products and equipment for the oil and gas industry. SNF SA is considering investing up to 100 million euros in developing a local production base.
Key Facts
- The memorandum was signed during the Kazakhstan Enhanced Oil Recovery Forum 2026, held in Astana from August 26 to 28.
- SNF SA is considering investing up to 100 million euros in developing a local production base in Kazakhstan.
- The agreement covers localization of polymer products and equipment for the oil and gas industry, technology transfer, and competence building.
- Vice Minister of Energy Yerlan Akbarov emphasized the importance of technological cooperation and attracting international companies to create production facilities in Kazakhstan.
- SNF SA was represented by Flavien Gathier, Director of Engineering for Enhanced Oil Recovery Applications and Oil & Gas Solutions, along with representatives from Alstron company Pavel Kibitkin and Alexey Antonnikov.
Memorandum Signing
The memorandum of cooperation was signed between Kazakhstan's Ministry of Energy and SNF SA on August 27, 2026, during the Kazakhstan Enhanced Oil Recovery Forum 2026 in Astana. The forum, organized by the Ministry of Energy, runs from August 26 to 28 and brings together government agencies, oil and gas companies, scientific community, international experts, and service organizations. The memorandum aims to develop localization of polymer products and equipment for the oil and gas industry, introduce modern technologies, and transfer relevant competencies to Kazakhstan. Vice Minister of Energy Yerlan Akbarov noted the importance of technological cooperation and attracting international companies to create production facilities in Kazakhstan.
Investment and Production Plans
Under the agreements reached, SNF SA is considering investing up to 100 million euros in developing a local production base. The project is expected to meet the needs of key oil and gas clients, increase local content, and create additional opportunities for regional projects. SNF SA is a major French chemical company specializing in the production of water-soluble polymers. The forum also discusses modern chemical, gas, thermal, and combined enhanced oil recovery methods, localization of oilfield equipment and chemical reagents, and mechanisms for introducing advanced technologies at mature fields in Kazakhstan.
Forum Participants
SNF SA was represented by Flavien Gathier, Director of Engineering for Enhanced Oil Recovery Applications and Oil & Gas Solutions. Representatives from Alstron company, Pavel Kibitkin and Alexey Antonnikov, also participated in the meeting. The signing of the memorandum became one of the practical results of the forum. Earlier it was reported that 11 fields in Kazakhstan will become a platform for selecting enhanced oil recovery technologies.
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Kazakhstan signs SNF memorandum to localize oil and gas production worth 100 million euros
