In July 2016, TCO Partners announced approval for the final investment decision of the Future Growth Project-Wellhead Pressure Management Project (FGP-WPMP), the next major expansion of the Tengiz oil field.
As part of FGP-WPMP project plans it is important for us to keep transparent two-way communication with our lenders. TCO is implementing a lender relations process to ensure that stakeholders will have ongoing opportunities to ask questions, comment and provide feedback.
Our focus is to keep an open dialogue with our lender base and timely respond on questions. In addition to the information found under the Company tab, we are happy to assist you with quick and reliable responses.
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.
The turnaround activities, which were conducted in accordance with Kazakhstan’s legislation and in alignment with international oil and gas standards, used industry-leading execution methodologies aimed at maintaining reliable base business performance.
TCO has a strong track record of implementing large-scale turnarounds, which has helped the company to achieve more than 98% average plant reliability in its base business over the last 10 years.
"This year’s turnaround is an example of tremendous collaboration between TCO and our contractor partners. I am very proud of the skills and dedication of our workforce and their unwavering commitment to safety, efficiency, and excellence, all of which has enabled this turnaround to be a major success," - said Kevin Lyon, TCO General Director.
Over 7000 Kazakhstani employees participated in the turnaround and 20 local contractor companies were able to implement a number of improvement activities focused on plant integrity and reliability.
Konilkosh Suyessinov, TCO Deputy General Director, highlighted: "Throughout this turnaround, we continued to prioritize the involvement of Kazakhstani manufacturers and service providers. This approach not only supports safe and reliable operations but also contributes significantly to the development of local expertise."
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.
The turnaround activities, which were conducted in accordance with Kazakhstan’s legislation and in alignment with international oil and gas standards, used industry-leading execution methodologies aimed at maintaining reliable base business performance.
TCO has a strong track record of implementing large-scale turnarounds, which has helped the company to achieve more than 98% average plant reliability in its base business over the last 10 years.
"This year’s turnaround is an example of tremendous collaboration between TCO and our contractor partners. I am very proud of the skills and dedication of our workforce and their unwavering commitment to safety, efficiency, and excellence, all of which has enabled this turnaround to be a major success," - said Kevin Lyon, TCO General Director.
Over 7000 Kazakhstani employees participated in the turnaround and 20 local contractor companies were able to implement a number of improvement activities focused on plant integrity and reliability.
Konilkosh Suyessinov, TCO Deputy General Director, highlighted: "Throughout this turnaround, we continued to prioritize the involvement of Kazakhstani manufacturers and service providers. This approach not only supports safe and reliable operations but also contributes significantly to the development of local expertise."
