KazMunayGas to adopt best practices in SPM construction from a Dutch company

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Senior Correspondent, Business News
A company from the Netherlands will teach KMG to build single-point mooring / The Caspian Pipeline Consortium, photo editor: Arthur Aleskerov 

KazMunayGas (KMG) and Bluewater Energy Services B.V. from the Netherlands have officially agreed to cooperate in the sphere of future projects related to single-point mooring (SPM), according to the press service of KMG.

«The document was signed by CEO of KMG Magzum Mirzagaliyev and Vice President of Bluewater Energy Services Michel Bonte. The agreement is aimed at facilitating efforts to expand Kazakhstani oil exports. Under the signed document, technical experts of Bluewater are going to share their international experience and teach Kazakhstani specialists to implement SPM projects in the Caspian Sea and Black Sea,» the company said in a statement.

According to Mirzagaliyev, the agreement will contribute to the safe and smooth export of Kazakhstani oil. In turn, the executive of the Dutch company underscored that Bluewater Energy Services will expand its strategic cooperation with KMG and the Republic of Kazakhstan.

«We are happy that the agreement we have signed with KMG will let us contribute to the development of the country’s oil and gas industry, which is important not only for our companies but for Kazakhstan and the Netherlands,» Bonte said.

Bluewater Energy Services B.V. was established in 1978. It is the leading producer of various maritime facilities from traditional moorings to automated single-point moorings. The company is also well known for its expertise in designing and exploiting different types of tankers for storing oil produced offshore until it is transported to the shore.

Even though in the spring and summer of last year the Caspian Pipeline Consortium (CPC) repaired all three of its SPMs, in late November 2023, it reported serious damage to one of its moorings because of a storm in the Black Sea. 

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