Batys Munai Service is a Kazakhstani oilfield services company, an expert in drilling and servicing oil and gas wells. It is a key contractor of Karachaganak Petroleum Operating B.V. (KPO), an international consortium comprising Shell, Eni, Chevron and KazMunayGas, which develops the Karachaganak oil and gas condensate field — one of the largest in the world.
The valuation was conducted for the purpose of strategic planning of the company’s development in light of a large-scale project that is changing the balance of forces in the industry: the construction of the Karachaganak Gas Processing Plant (KGPP) with a capacity of 4 billion m³ of gas per year. Preparatory engineering and technical works have already begun; commissioning is planned for 2029. The implementation of the KGPP is a strategic initiative important for Kazakhstan’s energy security and the long-term development of the country’s gas industry.
For Batys Munai Service the construction of the plant means a fundamentally new horizon of opportunities: a multiple increase in work volumes, long-term service contracts and the need for a clear positioning and development strategy. It is precisely for this purpose that a professional business valuation was carried out — as a starting point for making balanced strategic and investment decisions.