Dear Friends,
Last year we focused on celebrating the successes and growth we have experienced as a country and company during the first 20 years of statehood and since oil was first produced in Tengiz in April 1991. This year will be a pivotal year for Tengizchevroil as we focus on the next 20 years of partnership and growth with the Republic of Kazakhstan. Our growth over the last two decades has been tremendous and has resulted in direct financial payments of $60.1 billion to Kazakhstani entities since 1993. In 2012, we hope to embark on the next phases of growth for Tengiz, paving the way for more precedent-setting benefit for the Republic of Kazakhstan and its people over the next 20 years.
In 2011 TCO was named "The Safest large company" in Republic of Kazakhstan. Tengizchevroil, the leader of the country's oil industry is confidently paving the way to the future of Kazakhstan.
Tengizchevroil has been devoted to incorporating the concept of Corporate Social Responsibility (CSR) since the company's inception. From 1993 to 2009, TCO has invested more than $600 million to fund social projects in the Atyrau Oblast for the community and employees.
The Future Growth Project is the next major expansion of oil production at Tengiz. FGP will increase Tengizchevroil oil production by a further 12 million tonnes per year to a total of approximately 36 million tonnes per year.
Tengizchevroil has been announced Company of the Year in Oil and Gas Industry Award Winner at “KORGAN” National Industrial Contest, which took place during the second Kazakhstan International Occupational Health & Safety Exhibition and Conference (KIOSH-2012) in Astana, April 27-28. More →
Tengizchevroil LLP declares submission of “Preliminary Environmental Impact Assessment (Pre-EIA) and Feasibility Study” of Future Growth Project for public review. More →
On February 21, 2012 in Kazakhstan capital Astana Tengizchevroil management hosted a traditional meeting with members of RK National Parliament. Acting as facilitator and the owner of the idea was the Policy, Government and Public Affairs group of TCO. More →