Caspian Services Inc. (CSSV)

Overview

Caspian Services, Inc., headquartered in Almaty, Kazakhstan, offers a comprehensive range of oilfield services targeted at the burgeoning oil and gas industry in the Republic of Kazakhstan and the expansive Caspian Sea region. Established in 1998, the company has evolved significantly since its inception as EMPS Corporation, undergoing a rebranding to its current name in July 2005. Operating through three primary segments - Vessel Operations, Geophysical Services, and Marine Base Services - Caspian Services, Inc. is dedicated to supporting oil and natural gas exploration endeavors through meticulous service provision.

Products and Services

• Vessel Operations

  This segment features a versatile fleet of shallow draft offshore support vessels, offering charter services to companies engaged in the exploration of oil and natural gas. The fleet encompasses a wide range of vessel types, including supply vessels, survey/utility vessels, anchor handling multicats and support vessel tugs, cable laying barges, accommodation vessels, and crewboats. Through this segment, Caspian Services, Inc. aims to meet the diverse logistical and operational needs of its clientele, facilitating a smooth exploration process.

• Geophysical Services

  Focused on the onshore domain, the Geophysical Services segment serves independent oil and gas exploration and development companies in Kazakhstan. Its offerings include comprehensive geophysical seismic surveys, encompassing both 2D and 3D seismic assessments. These services are vital for the accurate evaluation of geological formations, thereby playing a crucial role in the decision-making process regarding potential drilling sites and the optimal extraction of resources.

• Marine Base Services

  Operating out of the strategically located marine base at the Port of Bautino on the North Caspian Sea, this segment provides an essential backbone to offshore operations. It offers an array of facilities and services, including both long and short-term vessel moorings, wharf front crane pads for efficient vessel loading/offloading, a fully equipped boat yard with vessel lifting capabilities, and essential utility services such as water storage, oily and waste water treatment, weighbridge facilities, electrical power supply and distribution systems, and extensive open lay-down storage areas. These services ensure operational continuity and support for exploration and production activities within the Caspian Sea region.