Lender Relations

FGP-WPMP External Lender Relations

In July 2016, TCO Partners announced approval for the final investment decision of the Future Growth Project-Wellhead Pressure Management Project (FGP-WPMP), the next major expansion of the Tengiz oil field.

As part of FGP-WPMP project plans it is important for us to keep transparent two-way communication with our lenders. TCO is implementing a lender relations process to ensure that stakeholders will have ongoing opportunities to ask questions, comment and provide feedback.

Our focus is to keep an open dialogue with our lender base and timely respond on questions. In addition to the information found under the Company tab, we are happy to assist you with quick and reliable responses.

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Overview

TCO Lender Relations was established to enhance communication with our lenders. Company overview and other related information are available under the useful links section. Current bondholders, lenders can contact us to obtain access to the Company's financial information which is stored in a third-party secured online database, the Merril Datasite If you require an access, please refer to Contact Information section.

overview

Contact Information

Contact us at:
   tcolr@tengizchevroil.com

Current Bondholders email the Indenture Trustee at

Contact-Information

Debt Rating

Rating agency
  • Standard & Poor's
  • Moody's
Latest revision
  • 27/06/2025
  • 19/06/2025
Global rating
  • BBB-
  • Baa2
Outlook
  • Stable
  • Stable
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TCO News

All TCO News

TCO Shares Engineering Expertise in Atyrau

Nov 10, 2025, 05:20 by Zhanar Baizhumash
On November 7, Atyrau hosted the second annual PetroEngineering Roundtable that brought together leading experts in design and engineering for Kazakhstan’s oil and gas sector. Among the participants were major operators, including Tengizchevroil LLP (TCO), which presented its experience and approaches to executing complex engineering projects.

On November 7, Atyrau hosted the second annual PetroEngineering Roundtable that brought together leading experts in design and engineering for Kazakhstan’s oil and gas sector. Among the participants were major operators, including Tengizchevroil LLP (TCO), which presented its experience and approaches to executing complex engineering projects.

The roundtable addressed key topics such as the development of engineering services, integration of Kazakhstani companies into large-scale projects, adoption of innovative technologies, and training of qualified personnel. Special attention was given to enhancing the efficiency of design and implementation of engineering solutions and stringent safety requirements.

“Today, Kazakhstan is undergoing a significant phase of industrial and infrastructure transformation. Our goal is to develop projects that will serve for decades, comply with international standards, and create new opportunities for regional development and the national economy as a whole,” said Zhassulan Bisembiyev, Deputy Akim of the Atyrau Region.

TCO representatives shared insights into the execution of world-class projects, with a particular focus on engineering solutions applied during the construction of the Third Generation Plant (3GP). This facility is part of the Future Growth Project – Wellhead Pressure Management Project (FGP-WPMP). The 3GP was built using pre-assembled modules, and local companies registered in Kazakhstan – such as Ersai and KCOI, operating in the Mangystau region – demonstrated their manufacturing capabilities by producing 75 large, prefabricated pipe racks and 10 remote instrument block boxes in compliance with international standards.

More than 126 vessels were involved in marine operations, with 40 newly built or significantly modified to meet project needs. The transportation of modules across the Caspian Sea was managed by the Kazmortransflot National Maritime Shipping Company.

Notably, over 30 Kazakhstani companies participated in the construction and commissioning of this world-class facility. During the commissioning of the Integrated Operations Control Center (IOCC), local specialists significantly enhanced their professional skills through comprehensive training and hands-on involvement in this unique project.

In his speech, Kanat Katrenov, TCO’s Project Management Consultant, emphasized that the development of engineering in the oil and gas sector requires a holistic approach and close collaboration among all stakeholders. He highlighted that key priorities remain improving the efficiency of existing facilities and implementing modern project management methods.

“Engineering development in the oil and gas sector is impossible without close collaboration and knowledge exchange. We strive for technological modernization, increased efficiency, and adherence to high safety and quality standards in executing complex engineering tasks,” said Kanat Katrenov.

The roundtable in Atyrau thus served as a vital platform for sharing expertise and discussing strategic directions for engineering development in Kazakhstan’s oil and gas industry. The ideas and approaches presented, including TCO’s contributions, reaffirm that the future of the sector lies in innovation, integration of local companies, and the cultivation of skilled professionals.

TCO Shares Engineering Expertise in Atyrau

Nov 10, 2025, 05:20 by Zhanar Baizhumash
On November 7, Atyrau hosted the second annual PetroEngineering Roundtable that brought together leading experts in design and engineering for Kazakhstan’s oil and gas sector. Among the participants were major operators, including Tengizchevroil LLP (TCO), which presented its experience and approaches to executing complex engineering projects.

On November 7, Atyrau hosted the second annual PetroEngineering Roundtable that brought together leading experts in design and engineering for Kazakhstan’s oil and gas sector. Among the participants were major operators, including Tengizchevroil LLP (TCO), which presented its experience and approaches to executing complex engineering projects.

The roundtable addressed key topics such as the development of engineering services, integration of Kazakhstani companies into large-scale projects, adoption of innovative technologies, and training of qualified personnel. Special attention was given to enhancing the efficiency of design and implementation of engineering solutions and stringent safety requirements.

“Today, Kazakhstan is undergoing a significant phase of industrial and infrastructure transformation. Our goal is to develop projects that will serve for decades, comply with international standards, and create new opportunities for regional development and the national economy as a whole,” said Zhassulan Bisembiyev, Deputy Akim of the Atyrau Region.

TCO representatives shared insights into the execution of world-class projects, with a particular focus on engineering solutions applied during the construction of the Third Generation Plant (3GP). This facility is part of the Future Growth Project – Wellhead Pressure Management Project (FGP-WPMP). The 3GP was built using pre-assembled modules, and local companies registered in Kazakhstan – such as Ersai and KCOI, operating in the Mangystau region – demonstrated their manufacturing capabilities by producing 75 large, prefabricated pipe racks and 10 remote instrument block boxes in compliance with international standards.

More than 126 vessels were involved in marine operations, with 40 newly built or significantly modified to meet project needs. The transportation of modules across the Caspian Sea was managed by the Kazmortransflot National Maritime Shipping Company.

Notably, over 30 Kazakhstani companies participated in the construction and commissioning of this world-class facility. During the commissioning of the Integrated Operations Control Center (IOCC), local specialists significantly enhanced their professional skills through comprehensive training and hands-on involvement in this unique project.

In his speech, Kanat Katrenov, TCO’s Project Management Consultant, emphasized that the development of engineering in the oil and gas sector requires a holistic approach and close collaboration among all stakeholders. He highlighted that key priorities remain improving the efficiency of existing facilities and implementing modern project management methods.

“Engineering development in the oil and gas sector is impossible without close collaboration and knowledge exchange. We strive for technological modernization, increased efficiency, and adherence to high safety and quality standards in executing complex engineering tasks,” said Kanat Katrenov.

The roundtable in Atyrau thus served as a vital platform for sharing expertise and discussing strategic directions for engineering development in Kazakhstan’s oil and gas industry. The ideas and approaches presented, including TCO’s contributions, reaffirm that the future of the sector lies in innovation, integration of local companies, and the cultivation of skilled professionals.