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 (11 billion barrels). The areal extent of the Tengiz reservoir is large, measuring 20 kilometers (12 miles) by 21 kilometers (13 miles).

Sales gas
(in cubic meters)

LPG
(in metric tonnes)

Sulfur
(in metric tonnes)

(in US dollars)

(in US dollars)
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.
Tengizchevroil LLP (TCO) has reached a significant milestone at its Future Growth Project (FGP), by safely initiating production of crude oil at its new Third-Generation Plant (3GP) at the Tengiz oilfield.
This milestone marks the beginning of a gradual ramp-up of 3GP production over the coming months, which is expected to expand Tengiz's crude oil output by an additional 12 million tons per annum. Once all Tengiz facilities are operating at full capacity, TCO’s total annual crude oil production is expected to reach approximately 40 million tons per annum, providing incremental value to Kazakhstan through taxes, royalties and other direct financial payments. FGP will also help maintain reliable base business performance and strengthen Kazakhstan’s status as a major supplier to global energy markets.
“The successful delivery of the Future Growth Project is a major accomplishment in terms of scale and global complexity. FGP will unlock additional value for both Kazakhstan and TCO’s shareholders,” said Kevin Lyon, TCO General Director. “We would like to express our sincere appreciation to the Government of the Republic of Kazakhstan, our shareholders, contractor companies, our talented and skilled workforce, and other stakeholders for their collaboration and support in helping us reach this milestone.” Kevin Lyon added.
Through FGP project, TCO supported technology transfers through partnerships with international companies and helped upgrade infrastructure in the Atyrau region.
“Kazakhstani companies have proven their outstanding capabilities in executing large-scale projects”, said Konilkosh Suyessinov, TCO Deputy General Director. “As part of FGP, Tengizchevroil has invested nearly $19.5 billion to purchase local goods and services and awarded over 1,250 contracts to Kazakhstani companies,” Suyessinov added.
At peak construction, FGP created about 90,000 jobs and during the projects’ implementation, TCO has helped create a legacy of trained and skilled national personnel who underwent about 37,500 training courses. They can now apply their experiences to other industrial projects within Kazakhstan and internationally.
Tengizchevroil LLP (TCO) has reached a significant milestone at its Future Growth Project (FGP), by safely initiating production of crude oil at its new Third-Generation Plant (3GP) at the Tengiz oilfield.
This milestone marks the beginning of a gradual ramp-up of 3GP production over the coming months, which is expected to expand Tengiz's crude oil output by an additional 12 million tons per annum. Once all Tengiz facilities are operating at full capacity, TCO’s total annual crude oil production is expected to reach approximately 40 million tons per annum, providing incremental value to Kazakhstan through taxes, royalties and other direct financial payments. FGP will also help maintain reliable base business performance and strengthen Kazakhstan’s status as a major supplier to global energy markets.
“The successful delivery of the Future Growth Project is a major accomplishment in terms of scale and global complexity. FGP will unlock additional value for both Kazakhstan and TCO’s shareholders,” said Kevin Lyon, TCO General Director. “We would like to express our sincere appreciation to the Government of the Republic of Kazakhstan, our shareholders, contractor companies, our talented and skilled workforce, and other stakeholders for their collaboration and support in helping us reach this milestone.” Kevin Lyon added.
Through FGP project, TCO supported technology transfers through partnerships with international companies and helped upgrade infrastructure in the Atyrau region.
“Kazakhstani companies have proven their outstanding capabilities in executing large-scale projects”, said Konilkosh Suyessinov, TCO Deputy General Director. “As part of FGP, Tengizchevroil has invested nearly $19.5 billion to purchase local goods and services and awarded over 1,250 contracts to Kazakhstani companies,” Suyessinov added.
At peak construction, FGP created about 90,000 jobs and during the projects’ implementation, TCO has helped create a legacy of trained and skilled national personnel who underwent about 37,500 training courses. They can now apply their experiences to other industrial projects within Kazakhstan and internationally.