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.

factory.0c0fccf

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
Webpage

TCO News

All TCO News

TCO Shares Best Practices in Safety and Occupational Health

Nov 14, 2025, 10:20 by Zhanar Baizhumash
On November 14 in Atyrau, at the KazService HSE Forum, Tengizchevroil LLP (TCO) presented best practices in industrial safety, occupational health, and environmental protection that enable TCO to maintain its leadership in safety standards and corporate culture within the industry.

On November 14 in Atyrau, at the KazService HSE Forum, Tengizchevroil LLP (TCO) presented best practices in industrial safety, occupational health, and environmental protection that enable TCO to maintain its leadership in safety standards and corporate culture within the industry.

TCO continues to demonstrate high standards of safety and environmental responsibility. In 2025, more than 500 emergency response training sessions have been held, and 55,000 training man-courses have been completed. These initiatives aim to develop workforce competencies, reduce risks, and strengthen a corporate culture where safety is a top priority.

"These figures reflect not just statistics, but our commitment to a culture of operational discipline and care for people. These efforts help us minimize risks and foster a corporate culture where caring for people and the environment is a strategic priority," emphasized Alexander Graf, Manager of the Department of Operational Excellence and Health, Safety, and Environment at TCO.

TCO actively promotes a culture of operational discipline, which contributes to risk reduction and reinforces corporate values. A key achievement has been reducing air emissions intensity by 71% since 2000 and ensuring efficient water use – 48% of water is reused. Over 80% of waste is sent for recycling and reuse.

Additionally, TCO has implemented an electronic work permit system that has completely replaced the paper format. This system automates processes, reduces human error, and ensures standardized risk assessment. Through integration with corporate platforms and cloud storage, employees quickly access information on tasks and protective measures. Real-time visualization helps monitor parallel operations and optimize planning. Digitalization has reduced permit processing time from two hours to twenty minutes, and the database is accessible from any device.

TCO also introduced a capacity-building program for work supervisors, aimed at improving employee readiness for safe task execution. The program includes training, briefings, and knowledge checks, helping minimize risks and maintain a high level of operational discipline. Special attention is given to work execution control, verification of protective measures, and engagement of contractor company leaders.

TCO Shares Best Practices in Safety and Occupational Health

Nov 14, 2025, 10:20 by Zhanar Baizhumash
On November 14 in Atyrau, at the KazService HSE Forum, Tengizchevroil LLP (TCO) presented best practices in industrial safety, occupational health, and environmental protection that enable TCO to maintain its leadership in safety standards and corporate culture within the industry.

On November 14 in Atyrau, at the KazService HSE Forum, Tengizchevroil LLP (TCO) presented best practices in industrial safety, occupational health, and environmental protection that enable TCO to maintain its leadership in safety standards and corporate culture within the industry.

TCO continues to demonstrate high standards of safety and environmental responsibility. In 2025, more than 500 emergency response training sessions have been held, and 55,000 training man-courses have been completed. These initiatives aim to develop workforce competencies, reduce risks, and strengthen a corporate culture where safety is a top priority.

"These figures reflect not just statistics, but our commitment to a culture of operational discipline and care for people. These efforts help us minimize risks and foster a corporate culture where caring for people and the environment is a strategic priority," emphasized Alexander Graf, Manager of the Department of Operational Excellence and Health, Safety, and Environment at TCO.

TCO actively promotes a culture of operational discipline, which contributes to risk reduction and reinforces corporate values. A key achievement has been reducing air emissions intensity by 71% since 2000 and ensuring efficient water use – 48% of water is reused. Over 80% of waste is sent for recycling and reuse.

Additionally, TCO has implemented an electronic work permit system that has completely replaced the paper format. This system automates processes, reduces human error, and ensures standardized risk assessment. Through integration with corporate platforms and cloud storage, employees quickly access information on tasks and protective measures. Real-time visualization helps monitor parallel operations and optimize planning. Digitalization has reduced permit processing time from two hours to twenty minutes, and the database is accessible from any device.

TCO also introduced a capacity-building program for work supervisors, aimed at improving employee readiness for safe task execution. The program includes training, briefings, and knowledge checks, helping minimize risks and maintain a high level of operational discipline. Special attention is given to work execution control, verification of protective measures, and engagement of contractor company leaders.