Lender Relations

FGP-WPMP External Lender Relations

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.

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Overview

TCO Lender Relations was established to enhance communication with our lenders. Company overview and other related information are available under the useful links section. Current bondholders, lenders can contact us to obtain access to the Company's financial information which is stored in a third-party secured online database, the Merril Datasite If you require an access, please refer to Contact Information section.

overview

Contact Information

Contact us at:
   tcolr@tengizchevroil.com

Current Bondholders email the Indenture Trustee at

Contact-Information

Debt Rating

Rating agency
  • Standard & Poor's
  • Moody's
Latest revision
  • 27/06/2025
  • 19/06/2025
Global rating
  • BBB-
  • Baa2
Outlook
  • Stable
  • Stable
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TCO News

All TCO News

The head of Atyrau Oblast Ecology Department got acquainted with the environmental conditions in Tengiz

Aug 26, 2025, 10:49 by Zhanar Baizhumash
On August 25, the representatives of Atyrau Oblast Ecology Department visited Tengiz field. The department head, Askar Zhussupov and his colleagues have visited TCO’s key environmental facilities such as Tengiz Eco Center (TEC), Water Treatment and Water Recycling Facilities (WTF/WRF). They have also checked the operation of automated emission monitoring system (AEMS).

On August 25, the representatives of Atyrau Oblast Ecology Department visited Tengiz field. The department head, Askar Zhussupov and his colleagues have visited TCO’s key environmental facilities such as Tengiz Eco Center (TEC), Water Treatment and Water Recycling Facilities (WTF/WRF). They have also checked the operation of automated emission monitoring system (AEMS).

It should be noted that implementation of AEMS was completed in 2024 and now Tengizchevroil (TCO) transmits data from its facilities in real time to the National Data Bank on state of the environment and natural resources.

«Today I familiarized myself with the production activities and environmental facilities of Kazakhstan’s largest oil and gas company – Tengizchevroil. Our delegation visited unique sites equipped with modern technology, such as the WTF/WRF and Tengiz Eco Center. I would like to emphasize that we will continue our joint efforts to minimize risks and protect the environment, » - said Askar Zhussupov, Head of Department.

Tengiz Eco Center – is a modern complex facility designed for effective waste management that results from operations of TCO and its business partners. It is a key facility for receiving, sorting, processing various types of waste and their disposal. TEC has been operating since 2004 and is equipped with modern equipment that allows to bring waste management in accordance with national and international standards. It should be noted that TCO is constantly looking for new ways to reduce the amount of waste and consistently working to reduce the environmental footprint of its production activities.

At TCO, we strive to reduce waste generation and maximize recycling of what has already been generated. By the end of Q2 of 2025, we have recycled and reused 82% of all waste, which represents more than 35 types.”, - noted Nurtas Kenganov, General Manager of Operational Excellence, Health, Safety and Environment department. – We strive to operate reliably and in an environmentally friendly manner, which is one of the main principles of our company. Over the past 20 years, TCO has implemented many projects aimed at reducing its environmental impact”.

Representatives of the Ecology Department also learnt about the work of WTF and WRF, where up to 49% of water is cleaned and reused (according to the results of the first half of 2025). The treated domestic wastewater flows from WTF to water recycling facilities, where it is further treated by reverse osmosis to process water quality standards, meeting the needs of TCO plants.

It should be noted that TCO adheres to the principles of environmental protection and an effective management system. The company is constantly looking for new ways and is consistently working to reduce the environmental footprint of its production activities.

The head of Atyrau Oblast Ecology Department got acquainted with the environmental conditions in Tengiz

Aug 26, 2025, 10:49 by Zhanar Baizhumash
On August 25, the representatives of Atyrau Oblast Ecology Department visited Tengiz field. The department head, Askar Zhussupov and his colleagues have visited TCO’s key environmental facilities such as Tengiz Eco Center (TEC), Water Treatment and Water Recycling Facilities (WTF/WRF). They have also checked the operation of automated emission monitoring system (AEMS).

On August 25, the representatives of Atyrau Oblast Ecology Department visited Tengiz field. The department head, Askar Zhussupov and his colleagues have visited TCO’s key environmental facilities such as Tengiz Eco Center (TEC), Water Treatment and Water Recycling Facilities (WTF/WRF). They have also checked the operation of automated emission monitoring system (AEMS).

It should be noted that implementation of AEMS was completed in 2024 and now Tengizchevroil (TCO) transmits data from its facilities in real time to the National Data Bank on state of the environment and natural resources.

«Today I familiarized myself with the production activities and environmental facilities of Kazakhstan’s largest oil and gas company – Tengizchevroil. Our delegation visited unique sites equipped with modern technology, such as the WTF/WRF and Tengiz Eco Center. I would like to emphasize that we will continue our joint efforts to minimize risks and protect the environment, » - said Askar Zhussupov, Head of Department.

Tengiz Eco Center – is a modern complex facility designed for effective waste management that results from operations of TCO and its business partners. It is a key facility for receiving, sorting, processing various types of waste and their disposal. TEC has been operating since 2004 and is equipped with modern equipment that allows to bring waste management in accordance with national and international standards. It should be noted that TCO is constantly looking for new ways to reduce the amount of waste and consistently working to reduce the environmental footprint of its production activities.

At TCO, we strive to reduce waste generation and maximize recycling of what has already been generated. By the end of Q2 of 2025, we have recycled and reused 82% of all waste, which represents more than 35 types.”, - noted Nurtas Kenganov, General Manager of Operational Excellence, Health, Safety and Environment department. – We strive to operate reliably and in an environmentally friendly manner, which is one of the main principles of our company. Over the past 20 years, TCO has implemented many projects aimed at reducing its environmental impact”.

Representatives of the Ecology Department also learnt about the work of WTF and WRF, where up to 49% of water is cleaned and reused (according to the results of the first half of 2025). The treated domestic wastewater flows from WTF to water recycling facilities, where it is further treated by reverse osmosis to process water quality standards, meeting the needs of TCO plants.

It should be noted that TCO adheres to the principles of environmental protection and an effective management system. The company is constantly looking for new ways and is consistently working to reduce the environmental footprint of its production activities.