COMPANY STRATEGY

Company Strategy

Zheti Oil plays a pivotal role in the Caspian oil and gas market and is a leading company in Kazakhstan's hydrocarbon exploration and production sector. Our goal is to maximize shareholder value through successful hydrocarbon exploitation while delivering long-term economic and social benefits to the regions where we operate. The following principles guide Zheti Oil's pursuit of its objectives:

  • Ensuring safe working conditions for employees and the responsible use of natural resources, while maintaining the highest standards of environmental and health protection.
  • Human capital development is essential to Zheti Oil's growth and competitiveness.
  • Exploration is fundamental to the company's long-term success and is a key driver of its resource base expansion.
  • Profitability is crucial for the company's ongoing existence.

  • Zheti Oil's primary goal is to enhance shareholder value. This is achieved by expanding hydrocarbon reserves and production, improving the profitability of existing assets, and exploring new business opportunities. The company aims to increase hydrocarbon reserves and output through the following actions:

  • Sustaining oil production from existing fields.
  • Enhancing the recovery rates at current fields.
  • Conducting exploration in highly promising areas both domestically and internationally, as well as further investigation of active fields.
  • Acquiring new assets, both within Kazakhstan and abroad, focusing on strategic priority areas.
  • Expanding the company's asset base with assets related to natural gas and offshore projects.

  • The profitability of existing and new assets will be ensured by:

  • Enhancing cost control measures.
  • Improving the efficiency of commercial and technological operations, particularly through automation.
  • Implementing new technologies.
  • Optimizing the asset structure and the company's management model.

  • Developing new business competencies will be facilitated by:

  • Establishing long-term partnerships with leading oil and gas producers, service providers, and exploration companies.
  • Investing in staff training and development.
  • Expanding the company's own scientific and technological expertise, gaining managerial experience in offshore projects, the gas industry, and global assets, including through collaborations with major international oil and gas corporations.