EXPERT OPINION terms . Contractors can be divided into local players ( including joint ventures with overseas partners ) and major international and Chinese oilfield service companies . The number of local companies in the planning and engineering segments is lower ( 20 %), while the figure for the geology and geophysics segments is 35 % and 40 % in the major construction and assembly work segments . Local companies are most prevalent in the drilling , repair and technical maintenance segments .
In recent years , the Kazakhstan Government and major oilfield service customers took measures to increase the share of local players in Kazakhstan , which led to increases in the number of joint ventures with overseas partners .
Figure . 4 . Kazakhstan oilfield service market , billions of USD , exclusive of VAT
Source : Kazakhstan Oil and Gas Information and Analytical Centre , Deloitte forecast
Table 1 . Share of Kazakhstan companies providing oilfield services
Market segment |
Market value in 2020 , billions of USD |
Share of Kazakhstan companies ( including |
|
|
joint ventures with overseas partners ) |
Construction and assembly work 3.8 40 %
Technical maintenance and repairs 1.0 65 %
Planning and engineering 0.8 20 %
Drilling 0.6 70 %
Geology and geophysics 0.5 35 %
Total 6.7 44 %
Source : Deloitte
Market segment Market value in 2020 , billions of USD Share of Kazakhstan joint ventures with
supported by EUROBAK
43