Tengizchevroil is a leading company that produces oil, gas and associated products that fuels the modern economy. Our history is closely interlinked with the rise of an independent Kazakhstan.
TCO maintains a leading position in the field of industrial safety in terms of such standard indicators as lost working days incidents and the rate of reported incidents.
TCO continues to achieve industry-leading safety results in standard industrial safety measurements such as Serious Incidents and Total Recordable Incidents.
The Contractor Health, Environment and Safety Management Process establishes clear accountabilities, ensures active engagement of contractors, and provides a consistent CHESM program to eliminate health, safety and environment (HSE) incidents and injuries involving contractors.
The requirements and activities included in CHESM process are focused on defining TCO expectations regarding contractor HSE performance, the qualification of contractors and the monitoring of contractor performance against expectations.
Contractors involved in activities presenting risks to workforce and process safety are subject to CHESM Qualification to evaluate HSE Management Systems and ensure adequate safeguards are in place and functioning before starting work at TCO Facilities.
TCO's work is guided by two key principles: do it safely or not at all and there is always time to do it right. Every employee of TCO and its Business Partner companies is responsible for making sure that work can be safely started. Each person has the right to temporarily suspend or completely stop any work if unsafe behavior or conditions are observed. The TCO Safe Work Practices Management Group, together with other teams, ensure that Occupational Safety and Health (OSH) guidelines and procedures are continuously implemented and maintained.
On February 14, 2025, “QazaqGaz” NC JSC, a portfolio company of “Samruk Kazyna” JSC, and Tengizchevroil LLP (TCO) signed a gas sale and purchase agreement. The signed document aims to ensure stable supplies of sales gas to the domestic market of Kazakhstan.
“Economic development has led to a significant increase in petroleum gas consumption in the domestic market. For QazaqGaz, stable gas supply to the population and domestic enterprises remains a priority. The signing of the purchase and sale agreement with our long-time partner Tengizchevroil was made possible with the support of the Ministry of Energy and the Samruk-Kazyna Fund. This agreement will expand Kazakhstan’s petroleum gas resource base and ensures reliable supplies in the long term”, - noted Sanzhar Zharkeshov, Chairman of the Board of QazaqGaz NC JSC.
TCO remains one of the key suppliers of sales gas to the domestic market and continues to partner with Kazakhstan to explore potential opportunities in this strategic focus area for the country.
“The signing of this agreement demonstrates TCO’s commitment to helping the Republic of Kazakhstan meet its growing domestic demand for gas. I would like to express my appreciation to Qazaq Gaz for the significant work carried out with TCO to reach this important agreement for the country”, – said General Director of TCO, Kevin Lyon.
In addition, on February 14, 2025, the Ministry of Energy of the Republic of Kazakhstan and TCO signed an agreement in Astana to extend the memorandum of understanding for the supply of the additional volume of liquified petroleum (LPG) gas to the domestic market.
“Conclusion of this agreement is an important step towards meeting country’s internal demand for LPG. Guaranteed gas supplies from our Partner - TCO, one of LPG producers in the Republic of Kazakhstan, will help reduce deficit across the gas market, creating favorable conditions for consumers of this product”, - said Alibek Zhamauov, the Vice Minister of Energy.
In 2024 TCO produced over 1.2 million tonnes of LPG.
It is noteworthy, that at the end of 2024, TCO and KMG PetroChem LLP also signed a dry gas purchase and sales agreement, whereby TCO will supply up to 9 billion cubic meters of dry gas per year to a gas processing plant in Atyrau Oblast. (Tengizchevroil is planning to provide up to 9 billion cubic meters of dry gas to gas processing plant in Atyrau Oblast)
Tengizchevroil LLP (TCO) is a Kazakhstani partnership that develops, produces, and markets crude oil, LPG, dry gas, and sulfur. TCO implements modern technologies and conducts its operations in accordance with world-class safety and environmental standards. In April 1993, TCO was formed between the Republic of Kazakhstan and Chevron Corporation. Partners are Chevron, 50 percent; KazMunaiGas NC JSC, 20 percent; ExxonMobil Kazakhstan Ventures Inc., 25 percent and LUKOIL, 5 percent.
QazaqGaz NC JSC is a portfolio company of "Sovereign Wealth Fund "Samruk-Kazyna" JSC. The company manages the centralized infrastructure for transportation of sales gas through main gas pipelines and gas distribution networks, provides international transit, and sells gas in domestic and foreign markets, while also developing, financing, constructing and operating pipelines and gas storage facilities.
On February 14, 2025, “QazaqGaz” NC JSC, a portfolio company of “Samruk Kazyna” JSC, and Tengizchevroil LLP (TCO) signed a gas sale and purchase agreement. The signed document aims to ensure stable supplies of sales gas to the domestic market of Kazakhstan.
“Economic development has led to a significant increase in petroleum gas consumption in the domestic market. For QazaqGaz, stable gas supply to the population and domestic enterprises remains a priority. The signing of the purchase and sale agreement with our long-time partner Tengizchevroil was made possible with the support of the Ministry of Energy and the Samruk-Kazyna Fund. This agreement will expand Kazakhstan’s petroleum gas resource base and ensures reliable supplies in the long term”, - noted Sanzhar Zharkeshov, Chairman of the Board of QazaqGaz NC JSC.
TCO remains one of the key suppliers of sales gas to the domestic market and continues to partner with Kazakhstan to explore potential opportunities in this strategic focus area for the country.
“The signing of this agreement demonstrates TCO’s commitment to helping the Republic of Kazakhstan meet its growing domestic demand for gas. I would like to express my appreciation to Qazaq Gaz for the significant work carried out with TCO to reach this important agreement for the country”, – said General Director of TCO, Kevin Lyon.
In addition, on February 14, 2025, the Ministry of Energy of the Republic of Kazakhstan and TCO signed an agreement in Astana to extend the memorandum of understanding for the supply of the additional volume of liquified petroleum (LPG) gas to the domestic market.
“Conclusion of this agreement is an important step towards meeting country’s internal demand for LPG. Guaranteed gas supplies from our Partner - TCO, one of LPG producers in the Republic of Kazakhstan, will help reduce deficit across the gas market, creating favorable conditions for consumers of this product”, - said Alibek Zhamauov, the Vice Minister of Energy.
In 2024 TCO produced over 1.2 million tonnes of LPG.
It is noteworthy, that at the end of 2024, TCO and KMG PetroChem LLP also signed a dry gas purchase and sales agreement, whereby TCO will supply up to 9 billion cubic meters of dry gas per year to a gas processing plant in Atyrau Oblast. (Tengizchevroil is planning to provide up to 9 billion cubic meters of dry gas to gas processing plant in Atyrau Oblast)
Tengizchevroil LLP (TCO) is a Kazakhstani partnership that develops, produces, and markets crude oil, LPG, dry gas, and sulfur. TCO implements modern technologies and conducts its operations in accordance with world-class safety and environmental standards. In April 1993, TCO was formed between the Republic of Kazakhstan and Chevron Corporation. Partners are Chevron, 50 percent; KazMunaiGas NC JSC, 20 percent; ExxonMobil Kazakhstan Ventures Inc., 25 percent and LUKOIL, 5 percent.
QazaqGaz NC JSC is a portfolio company of "Sovereign Wealth Fund "Samruk-Kazyna" JSC. The company manages the centralized infrastructure for transportation of sales gas through main gas pipelines and gas distribution networks, provides international transit, and sells gas in domestic and foreign markets, while also developing, financing, constructing and operating pipelines and gas storage facilities.
