Tengizchevroil is a leading company in Kazakhstan that produces oil, gas and associated products that fuels the modern economy. Our history is closely interlinked with the rise of an independent Kazakhstan.We safely and reliably produce products that heat homes, fuel cars, support businesses and benefit society.Our primary purpose is to create value for the Republic of Kazakhstan, our four shareholders, the communities where we live and operate and ourselves. We are proud to contribute to the country’s economic progress and future.
Tengiz is located on the 2.500 square kilometer (1.600 square mile) project license area which includes the super giant Tengiz field, and a smaller but sizable Korolev field and several exploratory prospects.
(25 billion barrels)
(1,6 billion barrels)
Total recoverable crude oil in the Tengiz and Korolev fields is estimated to be 1.4 billion metric tonnes (25 billion barrels) with 200 million metric tonnes (1.6 billion barrels) in the Korolev field. Tengiz field is one of the world's deepest developed super giant oil fields, with the top of the reservoir at about 4.000 meters (13.000 feet). Tengiz reservoir is 20 kilometers (12 miles) wide by 21 kilometers (13 miles) long. The oil column measures an incredible one mile thick.
Crude
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LPG
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Dry gas
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Sulfur
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(in US dollars)
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Direct financial payments include Kazakhstani employees' salaries, purchases of Kazakhstani goods and services, tariffs and fees paid to state-owned companies, profit distributions to Kazakhstani shareholder and taxes and royalties paid to the government.
The TCO Way explains who we are, what we believe, how we achieve our mission and where we aspire to go. It establishes a common understanding of our values and behaviors not only for us, but for all who interact with us.
Our values define us and guide our actions in delivering results. We conduct our business in a socially and environmentally responsible manner, respecting the law and benefitting the communities where we work.
We are committed to excellence and passionate about delivering results. We strive for efficiency and continual improvement. We demonstrate TCO’s high-performance behaviors and hold ourselves accountable for our actions and results.
We are honest with ourselves and others. We earn trust by respecting and supporting each other and by operating with the highest ethical standards in all we do.
We build trusting, productive and collaborative relationships with government, our shareholders, communities, business partners, customers and each other. We are most successful when we succeed together.
We have an unwavering commitment to personal and process safety, and protecting the environment. We strive for incident free operations with a focus on preventing high consequence events.
Atyrau, Kazakhstan, September 3, 2024 – Tengizchevroil LLP (TCO) has safely completed within schedule and budget, its planned turnaround maintenance work on two of five production trains at the Complex Technological Lines (KTL) plant located at the Tengiz oil field in Kazakhstan. The 2024 KTL-1 turnaround achieved a 23% improvement in execution efficiency compared to the previous turnaround at KTL-1 in 2019.
In Ak-Orda, at a solemn ceremony dedicated to the 125th Anniversary of Kazakhstan’s oil and gas industry, the President of the Republic of Kazakhstan (RoK) awarded a number of employees of the industry. One of the awardees was Kevin Lyon, General Director of Tengizchevroil LLP (TCO).
The PetroHR conference in Aktau brought together companies from the oil and gas sector and government agencies to discuss human resource development. Among the speakers was Kamshat Baizhanova, General Manager of Human Resources at Tengizchevroil (TCO). Notably, TCO served as a silver sponsor of the conference.
Atyrau, Kazakhstan, September 3, 2024 – Tengizchevroil LLP (TCO) has safely completed within schedule and budget, its planned turnaround maintenance work on two of five production trains at the Complex Technological Lines (KTL) plant located at the Tengiz oil field in Kazakhstan. The 2024 KTL-1 turnaround achieved a 23% improvement in execution efficiency compared to the previous turnaround at KTL-1 in 2019.
In Ak-Orda, at a solemn ceremony dedicated to the 125th Anniversary of Kazakhstan’s oil and gas industry, the President of the Republic of Kazakhstan (RoK) awarded a number of employees of the industry. One of the awardees was Kevin Lyon, General Director of Tengizchevroil LLP (TCO).
The PetroHR conference in Aktau brought together companies from the oil and gas sector and government agencies to discuss human resource development. Among the speakers was Kamshat Baizhanova, General Manager of Human Resources at Tengizchevroil (TCO). Notably, TCO served as a silver sponsor of the conference.