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.

factory.0c0fccf

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
Webpage

TCO News

All TCO News

First Deputy Prime Minister of the Republic of Kazakhstan Visits the Tengiz Field

Jun 26, 2026, 10:55 by Uteshev, LLP]
The production facilities of Tengizchevroil LLP (TCO) were visited as part of a business trip by a delegation led by First Deputy Prime Minister of the Republic of Kazakhstan Nurlibek Naliyev, along with Akim of the Atyrau Region Serik Shapkenov and other representatives of government bodies and industry organizations.

The production facilities of Tengizchevroil LLP (TCO) were visited as part of a business trip by a delegation led by First Deputy Prime Minister of the Republic of Kazakhstan Nurlibek Nalibayev, along with Akim of the Atyrau Region Serik Shapkenov and other representatives of government bodies and industry organizations. 

During the visit, the delegation toured TCO’s Integrated Operations and Control Center (IOCC), where they were introduced to advanced digital solutions that enable 24/7 monitoring and control of production operations across the Tengiz Field. TCO leadership also provided an overview of the company’s current operations, key performance indicators, strategic initiatives, and priority areas for future development. 

Mr. Nalibayev highly commended TCO’s commitment to safe and responsible operations. 

“For many years, Tengizchevroil has remained one of the key contributors to Kazakhstan’s oil and gas industry. The company demonstrates a strong operational culture, makes a significant contribution to the country’s economy, and places great emphasis on industrial safety and the development of the national workforce,” said Mr. Nalibayev during his meeting with TCO leadership. 

From 1993 through 1Q 2026, TCO’s direct financial contributions to the Republic of Kazakhstan totaled approximately $214 billion. These contributions include salaries paid to Kazakhstani employees, purchases of goods and services from local suppliers, payments to state-owned enterprises, dividends paid to the Kazakhstani partner, as well as taxes and royalties remitted to the state budget. 

TCO General Director William Lacobie emphasized: 

“TCO remains committed to safe operations, strong business performance, and environmental stewardship to create long-term value for the Republic of Kazakhstan, our shareholders, our employees, and the local communities where we operate.” 

The meeting also included discussions on the continued development of the national workforce, localization of goods and services, and initiatives aimed at supporting the sustainable economic development of the region. 

First Deputy Prime Minister of the Republic of Kazakhstan Visits the Tengiz Field

Jun 26, 2026, 10:55 by Uteshev, LLP]
The production facilities of Tengizchevroil LLP (TCO) were visited as part of a business trip by a delegation led by First Deputy Prime Minister of the Republic of Kazakhstan Nurlibek Naliyev, along with Akim of the Atyrau Region Serik Shapkenov and other representatives of government bodies and industry organizations.

The production facilities of Tengizchevroil LLP (TCO) were visited as part of a business trip by a delegation led by First Deputy Prime Minister of the Republic of Kazakhstan Nurlibek Nalibayev, along with Akim of the Atyrau Region Serik Shapkenov and other representatives of government bodies and industry organizations. 

During the visit, the delegation toured TCO’s Integrated Operations and Control Center (IOCC), where they were introduced to advanced digital solutions that enable 24/7 monitoring and control of production operations across the Tengiz Field. TCO leadership also provided an overview of the company’s current operations, key performance indicators, strategic initiatives, and priority areas for future development. 

Mr. Nalibayev highly commended TCO’s commitment to safe and responsible operations. 

“For many years, Tengizchevroil has remained one of the key contributors to Kazakhstan’s oil and gas industry. The company demonstrates a strong operational culture, makes a significant contribution to the country’s economy, and places great emphasis on industrial safety and the development of the national workforce,” said Mr. Nalibayev during his meeting with TCO leadership. 

From 1993 through 1Q 2026, TCO’s direct financial contributions to the Republic of Kazakhstan totaled approximately $214 billion. These contributions include salaries paid to Kazakhstani employees, purchases of goods and services from local suppliers, payments to state-owned enterprises, dividends paid to the Kazakhstani partner, as well as taxes and royalties remitted to the state budget. 

TCO General Director William Lacobie emphasized: 

“TCO remains committed to safe operations, strong business performance, and environmental stewardship to create long-term value for the Republic of Kazakhstan, our shareholders, our employees, and the local communities where we operate.” 

The meeting also included discussions on the continued development of the national workforce, localization of goods and services, and initiatives aimed at supporting the sustainable economic development of the region.