Press releases
A site for innovative ideas and strategic agreements - KIOGE 2024 once again brought together specialists in the heart of the oil and gas industry of Kazakhstan
From September 25 to 27, 2024, the 29th International Oil and Gas Exhibition and Conference — KIOGE 2024 — was successfully held in Almaty, becoming a significant event for the oil and gas industry.
New TCO contracts: Localization of Production and Growth of Local Suppliers
Tengizchevroil (TCO) has announced the results of a strategic tender for materials supply for servicing, maintenance and production operations including and supply of protective equipment. As a result of the tenders, seven long-term contracts were concluded including local companies that participated in last year's round table organized by TCO for potential suppliers.
Opening a new era for the oil and gas industry with the participation of more than 340 companies at the leading site - KIOGE-2024
The 29th Kazakhstan International Oil and Gas Exhibition and Conference - KIOGE-2024 will be held in Almaty from September 25 to 27, 2024 The exhibition will bring together more than 340 participants from 20 countries (Austria, Azerbaijan, Armenia, Belarus, Great Britain, Germany, Georgia, India, Italy, Latvia, Kazakhstan, Korea, China, the Netherlands, Norway, Russia, Turkey, Uzbekistan, France, the Czech Republic) at one site in the Atakent KCBC.
Ali Al-Janabi has been appointed to the role of Senior Vice President and Shell Kazakhstan Country Chair as of August 1st, 2024.
Ali Al-Janabi has been appointed to the role of Senior Vice President and Shell Kazakhstan Country Chair as of August 1st, 2024. Prior to this appointment, Ali was the Chairman of Shell in Iraq, Tunisia & UAE. He represented Shell Group to the governments of the Iraq and UAE and was accountable for the performance of Shell’s Upstream Joint Ventures in Iraq, Italy, Kuwait, Tunisia and the UAE.
Free Workshop on “Sulphur Recovery” – 17th September in Astana
On 17th September 2024, a free workshop on “Sulphur Recovery” will be held in Astana as part of the business summit "Downstream Central Asia & Caspian."
Tengizchevroil is recognized as the best large taxpayer in Kazakhstan
“Tengizchevroil LLP” (TCO) has been awarded the title of "Best Taxpayer" of the Republic of Kazakhstan (RoK) for the third year in a row. Based on the results of 2023, the State Revenue Committee (SRC) of the Ministry of Finance of the Republic of Kazakhstan recognized TCO as the best in the nomination of "Large Taxpayer". This award confirms TCO's impeccable fulfillment of its tax obligations and its significant contribution to the country's economy.
In 6 months of 2024, Tengizchevroil contributed more than $6 billion to the Kazakhstani economy
Approximately $4.2 billion out of the total of $6.2 billion consists of state revenue payments, including taxes and royalties, while over $1.7 billion was earned by Kazakhstani contractors and employees. Through these contributions, Tengizchevroil remains committed to providing value to the Republic of Kazakhstan, local communities, and its partners, thereby contributing to the country's economic advancement.
Arman Kassenov was elected CEO (Chairman of the Management Board) of KazTransOil JSC
In accordance with the decision of the Board of Directors of KazTransOil JSC, Arman Kassenov was elected General Director (Chairman of the Board) of KazTransOil JSC from July 22, 2024.
KIOGE 2024: Prospects for the oil and gas industry on the back of rapid development
The largest industry event - the 29th International Oil and Gas Conference and Exhibition - KIOGE 2024 will be held from September 25 to 27, 2024 in Almaty.
Tengizchevroil Fact Sheet. 1Q 2024
History and Ownership. Tengiz, the world’s deepest producing super giant oil field, was discovered in 1979. The Tengizchevroil (TCO) partnership was formed on April 6, 1993, between the Republic of Kazakhstan and Chevron. Current partners are Chevron, 50 percent; KazMunayGas, 20 percent; ExxonMobil Kazakhstan Ventures Inc., 25 percent; Lukoil, 5 percent.
TCO Starts Up WPMP Operations At Tengiz
Atyrau, Kazakhstan, April 25, 2024 — Tengizchevroil LLP (TCO) has safely started operations at its Wellhead Pressure Management Project (WPMP) at the Tengiz oil field, with the conversion of the first metering station to low pressure, and by bringing online the associated Pressure Boost Facility (PBF).
More than 2 thousand industry specialists visited the atyrau Oil&Gas and Atyraubuild Exhibitions
For more than 20 years of its existence, Atyrau Oil&Gas exhibition has become the central meeting place for oil and gas industry specialists, providing a key platform for communication between representatives of government officials and leading market players. Traditionally, new ways for partnership projects in the areas of oil and gas exploration and production, industrial equipment production and infrastructure development were presented at the site.
TCO Allocates 2 Billion Tenge For Flood Response
Atyrau, Kazakhstan – April 6, 2024 – Tengizchevroil LLP (TCO) stands united with the residents of Atyrau oblast and the people of Kazakhstan during this challenging time. Given the major impact on people's lives, Tengizchevroil will be allocating 2 billion Tenge for further immediate response support as well as for recovery measures once the flood subsides. This contribution is a meaningful step to help communities deal with the immediate effects of the flooding and eventually help restore the lives of those who are impacted.
RGU signs MOU with KBTU to launch joint degree
RGU has strengthened its existing partnership with the Kazakh-British Technical University (KBTU) having signed a Memorandum of Understanding (MOU) to create a joint degree programme. The two institutions already have a successful history of research collaboration, and this new partnership will extend this further, focussing on KBTU students joining RGU’s School of Engineering.
Tengizchevroil Announces 2023 Business Performance Results
Atyrau, Kazakhstan – February 23, 2024 – Tengizchevroil LLP (TCO) today, announced its business performance results for 2023, with crude oil production at 28.9 million metric tonnes (230.6 million barrels), while total air emissions intensity was reduced to the lowest rate since 2000. During last year, all of TCO’s dry gas sales were provided to the Kazakhstan domestic market and the company remained a consistent supplier of liquified petroleum gas to local residents and industry.
Tengizchevroil Fact Sheet. Year-end 2023
History and Ownership
- Tengiz, the world’s deepest producing super giant oil field, was discovered in 1979.
- The Tengizchevroil (TCO) partnership was formed on April 6, 1993, between the Republic of Kazakhstan and Chevron.
- Current partners are Chevron, 50 percent; KazMunayGas, 20 percent; ExxonMobil Kazakhstan Ventures Inc., 25 percent; Lukoil, 5 percent.