Tengizchevroil is a leading company in Kazakhstan that produces oil, gas and associated products that fuels the modern economy. Our history is closely interlinked with the rise of an independent Kazakhstan.We safely and reliably produce products that heat homes, fuel cars, support businesses and benefit society.Our primary purpose is to create value for the Republic of Kazakhstan, our four shareholders, the communities where we live and operate and ourselves. We are proud to contribute to the country’s economic progress and future.
Tengiz is located on the 2.500 square kilometer (1.600 square mile) project license area which includes the super giant Tengiz field, and a smaller but sizable Korolev field and several exploratory prospects.
(25 billion barrels)
(1,6 billion barrels)
Total recoverable crude oil in the Tengiz and Korolev fields is estimated to be 1.4 billion metric tonnes (25 billion barrels) with 200 million metric tonnes (1.6 billion barrels) in the Korolev field. Tengiz field is one of the world's deepest developed super giant oil fields, with the top of the reservoir at about 4.000 meters (13.000 feet). Tengiz reservoir is 20 kilometers (12 miles) wide by 21 kilometers (13 miles) long. The oil column measures an incredible one mile thick.
Crude
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LPG
(in tonnes)
Dry gas
(in m3)
Sulfur
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(in US dollars)
(in US dollars)
Direct financial payments include Kazakhstani employees' salaries, purchases of Kazakhstani goods and services, tariffs and fees paid to state-owned companies, profit distributions to Kazakhstani shareholder and taxes and royalties paid to the government.
The TCO Way explains who we are, what we believe, how we achieve our mission and where we aspire to go. It establishes a common understanding of our values and behaviors not only for us, but for all who interact with us.
Our values define us and guide our actions in delivering results. We conduct our business in a socially and environmentally responsible manner, respecting the law and benefitting the communities where we work.
We are committed to excellence and passionate about delivering results. We strive for efficiency and continual improvement. We demonstrate TCO’s high-performance behaviors and hold ourselves accountable for our actions and results.
We are honest with ourselves and others. We earn trust by respecting and supporting each other and by operating with the highest ethical standards in all we do.
We build trusting, productive and collaborative relationships with government, our shareholders, communities, business partners, customers and each other. We are most successful when we succeed together.
We have an unwavering commitment to personal and process safety, and protecting the environment. We strive for incident free operations with a focus on preventing high consequence events.
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.
The results of “Tandau” pilot project implemented by the Eurasia Foundation of Central Asia (EFCA) within framework of Zhylyoi Development Program of Tengizchevroil LLP (TCO) were summed up in Kulsary. The project provided the residents with unique opportunities to start and develop their own business through the issuance of loans.
Last Friday, the PetroMaintenance 2024 Forum on oil and gas industry maintenance took place in Atyrau, where Tengizchevroil (TCO) showcased its commitment to local content development in maintenance and shared its extensive experience in maintenance operations.
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.
The results of “Tandau” pilot project implemented by the Eurasia Foundation of Central Asia (EFCA) within framework of Zhylyoi Development Program of Tengizchevroil LLP (TCO) were summed up in Kulsary. The project provided the residents with unique opportunities to start and develop their own business through the issuance of loans.
Last Friday, the PetroMaintenance 2024 Forum on oil and gas industry maintenance took place in Atyrau, where Tengizchevroil (TCO) showcased its commitment to local content development in maintenance and shared its extensive experience in maintenance operations.