Press

Fircroft & GATE Energy Form Kazakhstan Joint Venture, Advancing Position to Provide Support to Tengizchevroil

Posted by OilVoice Press - OilVoice

21-Sep-2018


HOUSTON, Sept. 20, 2018 /PRNewswire/ -- Global recruitment and workforce solutions provider Fircroft and international engineering and commissioning services provider GATE Energy, have joined forces to create a Kazakhstan-focused joint venture.

The move comes as GATE Energy seeks to broaden the geographic footprint of operations into the heart of the Commonwealth of Independent States (CIS) region. Alongside this, Fircroft is looking to broaden its service portfolio into the realm of commissioning services. This partnership also allows the pursuit of projects such as the Tengizchevroil (TCO) Tengiz project in the areas of workforce solutions and commissioning support.

The joint venture takes the form of a limited liability partnership named Fircroft /GATE LLP.

Commenting on the formation of the joint venture, Johnathan Johnson, Fircroft Chief Executive, said, "Fircroft has been operating in Kazakhstan for over 18 years and today has 10 offices across the country serving the biggest technical and engineering companies. The formation of the joint venture with GATE Energy will enable Fircroft to offer a broader range of commissioning support to our clients whilst providing GATE Energy with the infrastructure and support they need to flourish in Kazakhstan and the wider CIS region."

Kazakhstan's oil and gas industry continues to enjoy robust growth across its complete value chain from upstream and midstream through to downstream operations. The country is also experiencing high levels of foreign direct investment as operators modernize production facilities and develop downstream and petrochemical facilities. The joint venture will aim to provide value added services to these developments.

Steven Guy, President of Commissioning at GATE Energy, said, "The formation of this joint venture with Fircroft comes at an exciting time for GATE Energy. As a leading provider of energy services, GATE Energy is seeking to enter into the CIS market, confident that we can add real value to the region's technical and engineering businesses. The combination of GATE Energy's technical expertise and Fircroft's existing infrastructure, client base and in-country knowledge create an unbeatable offer for those companies seeking commissioning and manpower expertise."

The joint venture comes into immediate effect and will be offering engineering, commissioning, maintenance and recruitment services across Kazakhstan and the other CIS member states.



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