About Us
ABOUT US
About The Company
Grand Asia Oil is one of the largest private oil companies in Kazakhstan bringing together research and design, exploration, drilling and production units, oil refining, gas processing and marketing. Today, Grand Asia Oil is a modern, open, dynamic company heavily investing in the construction of new and upgrading of existing facilities and planning a diversified development of the production base in central Kazakhstan to improve the efficiency of natural resources utilization and increase the production of petroleum products meeting the highest quality standards by implementing the most cutting edge deep conversion processes.
Grand Asia Oil is an oil company with a 14-year history of development. Having chosen the main area of activity – Crude oil production, Storage and warehousing of oil and oil products, Gas pipelines, Oil (associated) gas production, Natural gas and gas condensate production, the company is developing steadily. In recent years, quite a wealth of experience has been accumulated in the development of mineral resources in the difficult geological conditions of the Kazakhstan eastern regions. Hard work, the use of modern technologies and equipment, the constant search, analysis and implementation of the latest solutions in the field of deep drilling are the basis for the success of our Company.
This was greatly facilitated by the formation of a close-knit team of specialists with extensive experience in the construction of oil and gas wells, which makes us reliable partners in the search, exploration and development of hydrocarbon deposits.
The Company is committed to the rational development of natural resources, production of modern, environmentally friendly fuels and reduction of the environmental footprint. In pursuance of the Grand Asia Oil 2030 Strategy, we are implementing initiatives that will allow us to enter the first quartile of international oil and gas companies in industrial safety, occupational health and environment, and also to develop human resources and contribute to the integrated socio-economic development of the regions, fully responding to the UN Sustainable Development Goals.
The main goals and objectives of Grand Asia Oil are the reserves replacement at the level of no less than 100%, efficient production at brownfields and its growth through starting up new projects, creation of new off-shore production hubs, development of technologies and introduction of the world-class project management practices, monetization of gas reserves and competitive production growth, optimal refining configuration and selling Company’s products at the highest profit. Successful performance results of Grand Asia Oil in 2018 confirm the efficiency of applied strategy, significance of identified priorities and allow to forecast further stable development of the Company for the benefit of its shareholders.
Grand Asia Oil pays particular attention to the associated gas utilization program, which allows not only to obtain its own electricity, but also to preserve the ecological well-being of the regions.