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.
On April 13, 2026, a meeting was held between Tengizchevroil LLP (TCO) leadership and members of the Petrocouncil business association, during which the further development of the oil and gas industry and the improvement of Kazakhstani content were discussed. Approximately 90 local companies took part in the meeting.
“For many years, TCO has been a reliable partner of the Republic of Kazakhstan, making a significant contribution to the development of the oil and gas industry and regional economies, while maintaining a strong focus on safety, reliability and operational excellence,” emphasized Billy Lacobie, TCO General Director.
The main topic of the meeting was development of Kazakhstani content and opportunities for cooperation between TCO and local companies. As TCO representatives noted, in 2025 the share of local content in TCO’s procurement reached 71%, while the share in goods increased to 15%, compared to 7% the previous year.
This growth was driven not only by an increase in procurement volumes but also by the expanding participation of Kazakhstani companies in more complex projects, while adhering to quality, safety, and procurement procedures. In 2025, TCO sourced not only chemicals, construction materials, and drilling fluids, but also high-value, specialized equipment, including modular substations and remote instrument enclosures.
In 2025 alone, the amount of TCO’s goods and services purchase from Kazakhstani suppliers reached approximately $1.8 billion. This investment was directed toward the purchase of goods and services produced in Kazakhstan meeting international quality and safety standards.
Over the years of its operation, TCO has created hundreds of thousands of jobs and has consistently procured goods and services of Kazakhstani origin, stimulating economic activity not only in Atyrau Oblast but throughout the country.
Since 1993, TCO has invested about $52.3 billion on Kazakhstani goods and services.
On April 13, 2026, a meeting was held between Tengizchevroil LLP (TCO) leadership and members of the Petrocouncil business association, during which the further development of the oil and gas industry and the improvement of Kazakhstani content were discussed. Approximately 90 local companies took part in the meeting.
“For many years, TCO has been a reliable partner of the Republic of Kazakhstan, making a significant contribution to the development of the oil and gas industry and regional economies, while maintaining a strong focus on safety, reliability and operational excellence,” emphasized Billy Lacobie, TCO General Director.
The main topic of the meeting was development of Kazakhstani content and opportunities for cooperation between TCO and local companies. As TCO representatives noted, in 2025 the share of local content in TCO’s procurement reached 71%, while the share in goods increased to 15%, compared to 7% the previous year.
This growth was driven not only by an increase in procurement volumes but also by the expanding participation of Kazakhstani companies in more complex projects, while adhering to quality, safety, and procurement procedures. In 2025, TCO sourced not only chemicals, construction materials, and drilling fluids, but also high-value, specialized equipment, including modular substations and remote instrument enclosures.
In 2025 alone, the amount of TCO’s goods and services purchase from Kazakhstani suppliers reached approximately $1.8 billion. This investment was directed toward the purchase of goods and services produced in Kazakhstan meeting international quality and safety standards.
Over the years of its operation, TCO has created hundreds of thousands of jobs and has consistently procured goods and services of Kazakhstani origin, stimulating economic activity not only in Atyrau Oblast but throughout the country.
Since 1993, TCO has invested about $52.3 billion on Kazakhstani goods and services.
