A key aspect of TCO’s Kazakhstani Content development strategy is working with current and potential suppliers so that they understand the international quality and safety standards they must meet to do business with the oil and gas industry.
The continued development of a Kazakhstani market for goods and services that meets high international standards is a cornerstone of the company’s sustainable development strategy – and creates significant benefit for Kazakhstan.
TCO believes that if the company is to achieve its Kazakhstani Content objectives, it must generate long-term opportunities for the suppliers of goods and services.
As such, TCO will continue to support the sustainable development of Kazakhstani suppliers, encouraging appropriate investments in infrastructure, Kazakhstani workforce training and the creation of jobs.
TCO has been consistently increasing Kazakhstani content in goods and services year by year.
TCO's Supply Chain Management organization works to strategically leverage and manage the company's supply base to ensure goods and services are delivered safely, reliably, at a competitive cost, and always on a platform of quality and integrity.
TCO seeks partnerships with suppliers who have a strong safety culture, reliable operations, quality goods and services, competitive pricing, strong cost-management skills, innovative business solutions, and a strong customer and Kazakhstani Content development focus.
At TCO it is not only about delivering business results; we focus on delivering them in line with the TCO Way. We expect our suppliers to always adhere to the spirit and intent of these expectations and values.
Suppliers that provide the high-quality goods and services used by TCO must demonstrate the following qualities:
In late 2013, a Memorandum of Understanding (MoU) on KC target indicators was signed between the Republic of Kazakhstan (RoK) Government and TCO within the Future Growth Project (FGP). These KC indicators are coordinated jointly by the Expert Group, composed of representatives of government bodies and Kazakhstan businesses. The MoU was also signed with the akimats of Atyrau and Mangistau oblasts. A group of specialists was formed at the FGP-WPMP to identify and develop expedient, sustainable opportunities for attracting Kazakhstani personnel, using Kazakhstani goods and services for the benefit of both the project and the citizens of the Republic of Kazakhstan.